How To Fix KT166 - Company code & does not exist

KT166 - Overview

• Message type: E = Error

• Message class: KT - RK Message Table Maintenance

• Message number: 166

• Message text: Company code & does not exist

What causes this issue?

If the <GL:assignment_control>assignment control</> indicator has the
value 1, you cannot freely select the controlling area key. This is
taken automatically from the company code key. However, since company
code &V1& does not exist, you cannot create controlling area &V1&. If
controlling area &V1& already exists, you cannot reset the indicator to
1.

How to fix this error?

If the indicator is set to 1, create controlling areas only with the
same keys as existing company codes.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message KT166 - Company code & does not exist ?

  The SAP error message KT166, which states "Company code & does not exist," typically occurs when you are trying to perform a transaction or access data related to a company code that is not defined in the system. Here’s a breakdown of the cause, potential solutions, and related information:
  
  Cause:
  
  Non-Existent Company Code: The company code you are trying to use has not been created in the SAP system.
  Incorrect Input: There may be a typographical error in the company code you entered.
  Company Code Deactivation: The company code might exist but has been deactivated or marked for deletion.
  Authorization Issues: The user may not have the necessary authorizations to access the specified company code.
  
  Configuration Issues: The company code may not be properly configured in the system.
  
  
  Solution:
  
  
  Verify Company Code:
  
  Check the company code you are trying to use for any typographical errors.
  Ensure that the company code is correctly entered in the transaction.
  
  
  
  Check Company Code Existence:
  
  Use transaction