How To Fix MQ767 - No companies found which are assigned to LC ledgers

SAP Error Message - Details

• Message type: E = Error

• Message class: MQ - Messages for Euro Changeover Package

• Message number: 767

• Message text: No companies found which are assigned to LC ledgers

What causes this issue?

The system could not determine any companies which are assigned to an
LC ledger.

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 in the system. You must assign companies to these LC
ledgers.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message MQ767 - No companies found which are assigned to LC ledgers ?

  The SAP error message MQ767 ("No companies found which are assigned to LC ledgers") typically occurs in the context of using Local Currency (LC) ledgers in SAP. This error indicates that the system cannot find any company codes that are assigned to the specified Local Currency ledgers. Here’s a breakdown of the cause, potential solutions, and related information:
  Cause:
  
  No Company Codes Assigned: The most common reason for this error is that there are no company codes assigned to the Local Currency ledger you are trying to access.
  Configuration Issues: There may be a configuration issue in the Financial Accounting (FI) module where the Local Currency ledger is not properly set up.
  Incorrect Selection Criteria: The selection criteria used in the transaction may not match any existing company codes or ledgers.
  Authorization Issues: Sometimes, the user may not have the necessary authorizations to view or access the company codes associated with the Local Currency ledger.
  
  Solutions:
  
  
  Check Company Code Assignment:
  
  Go to the configuration settings in SAP (Transaction Code: SPRO).
  Navigate to Financial Accounting (FI) > General Ledger Accounting > Ledger > Define Ledgers.
  Ensure that the relevant company codes are assigned to the Local Currency ledger.
  
  
  
  Review Ledger Configuration:
  
  Ensure that the Local Currency ledger is correctly configured and active.
  Check if the ledger is set up for the correct fiscal year and currency.
  
  
  
  Verify Selection Criteria:
  
  Double-check the selection criteria you are using in the transaction that triggered the error. Make sure you are selecting the correct ledger and company code.
  
  
  
  User Authorizations:
  
  Ensure that the user has the necessary authorizations to access the company codes and ledgers. This can be checked with the security team or by reviewing the user roles.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help files related to Local Currency ledgers for any additional configuration steps that may have been missed.
  
  
  
  Related Information:
  
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as:
  
  OB22: For defining ledgers.
  OBY6: For assigning company codes to ledgers.
  
  
  
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message. You can search for relevant notes in the SAP Support Portal.
  
  
  SAP Community: Engage with the SAP Community forums to see if other users have encountered similar issues and what solutions they found effective.
  
  
  By following these steps, you should be able to identify the cause of the MQ767 error and implement a solution to resolve it. If the issue persists, consider reaching out to your SAP support team for further assistance.