How To Fix MQ760 - No valid ledgers found

SAP Error Message - Details

• Message type: E = Error

• Message class: MQ - Messages for Euro Changeover Package

• Message number: 760

• Message text: No valid ledgers found

What causes this issue?

The system could not determine any ledgers used in FI-LC. Either these
LC ledgers have not yet been maintained or the restrictions on the
request screen were too restrictive.

System Response

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

How to fix this error?

Check whether the <DS:TRAN.GCEA>LC ledgers</> have already been
maintained and check your specifications on the request screen.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message MQ760 - No valid ledgers found ?

  The SAP error message MQ760 "No valid ledgers found" typically occurs in the context of financial transactions, particularly when working with the New General Ledger (New GL) functionality in SAP. This error indicates that the system cannot find any valid ledgers for the specified company code or fiscal year, which can prevent users from executing certain financial operations.
  Causes:
  
  Missing Ledger Configuration: The ledger may not be properly configured in the system for the specified company code.
  Incorrect Company Code or Fiscal Year: The user may be trying to access a ledger for a company code or fiscal year that does not exist or is not active.
  Data Migration Issues: If data has been migrated from an older version of SAP or from another system, there may be inconsistencies in ledger data.
  Authorization Issues: The user may not have the necessary authorizations to access the ledgers.
  Inactive Ledger: The ledger might be inactive or not assigned to the company code in question.
  
  Solutions:
  
  
  Check Ledger Configuration:
  
  Go to the transaction code OB22 to check the configuration of ledgers.
  Ensure that the required ledgers are defined and assigned to the relevant company code.
  
  
  
  Verify Company Code and Fiscal Year:
  
  Ensure that the company code and fiscal year you are working with are correct.
  Check if the fiscal year is open for posting.
  
  
  
  Review Migration Data:
  
  If data migration has occurred, verify that all necessary ledgers were migrated correctly.
  Check for any inconsistencies in the data.
  
  
  
  Check Authorizations:
  
  Ensure that the user has the necessary authorizations to access the ledgers.
  Review the user roles and permissions in the SAP system.
  
  
  
  Activate Ledger:
  
  If the ledger is inactive, you may need to activate it in the configuration settings.
  
  
  
  Consult SAP Notes:
  
  Check for any relevant SAP Notes that may address this specific error or provide additional troubleshooting steps.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OB22 (for ledger configuration) and FS00 (for G/L account master data).
  SAP Documentation: Refer to SAP Help documentation for detailed information on New GL and ledger management.
  Support: If the issue persists, consider reaching out to SAP support or your internal SAP support team for further assistance.
  
  By following these steps, you should be able to identify the cause of the MQ760 error and implement the appropriate solution.