How To Fix M7055 - G/L account & does not exist in company code &

M7055 - Overview

• Message type: E = Error

• Message class: M7 - Inventory Management and Physical Inventory

• Message number: 055

• Message text: G/L account & does not exist in company code &

What causes this issue?

The G/L account has not been created in the company code in which you
are working.

How to fix this error?

INCLUDE MB_NA_SACHKONTO
If you have entered the G/L account or the company code yourself, check
the account number entered, as well as the company code in which you
are working.
G/L acct. CoCode
wrong right Correct the G/L account.
right wrong Correct the company code.
right right The G/L account must be created
for the company code.

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message M7055 - G/L account & does not exist in company code & ?

  The SAP error message M7055 indicates that a General Ledger (G/L) account does not exist in the specified company code. This error typically occurs during transactions that involve financial postings, such as when trying to post a goods movement or an invoice.
  
  Cause:
  
  Missing G/L Account: The G/L account you are trying to use has not been created in the specified company code.
  Incorrect Company Code: The G/L account exists, but it is not assigned to the company code you are working with.
  Inactive G/L Account: The G/L account may exist but is marked as inactive or blocked for postings.
  
  Configuration Issues: There may be issues with the configuration of the chart of accounts or the account assignment.
  
  
  Solution:
  
  
  Check G/L Account Creation:
  
  Go to the transaction code FS00 (G/L Account Master Record) and check if the G/L account exists for the specified company code.
  If it does not exist, you will need to create it.
  
  
  
  Create G/L Account:
  
  If the