How To Fix OM153 - Chart of accounts & of company code & does not exist

SAP Error Message - Details

• Message type: E = Error

• Message class: OM - Customizing Materialwirtschaft

• Message number: 153

• Message text: Chart of accounts & of company code & does not exist

What causes this issue?

Company code &V2& references chart of accounts &V1&, which does not
exist.

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?

Please allocate company code &V2& to an existing chart of accounts
(<DS:TRANS.OB62>Allocation of company codes -> Chart of accounts</>).

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message OM153 - Chart of accounts & of company code & does not exist ?

  The SAP error message OM153 indicates that the chart of accounts specified for a company code does not exist in the system. This error typically arises when you are trying to perform a transaction that requires a valid chart of accounts for a specific company code, but the system cannot find the corresponding entry.
  Cause:
  
  Incorrect Configuration: The chart of accounts may not have been assigned to the company code in the configuration settings.
  Typographical Error: There may be a typo in the company code or chart of accounts entered in the transaction.
  Missing Chart of Accounts: The chart of accounts may not have been created or activated in the system.
  Company Code Not Assigned: The company code may not be properly set up or may not be linked to the correct chart of accounts.
  
  Solution:
  
  
  Check Configuration:
  
  Go to the SAP Easy Access screen and navigate to the following path:
  SPRO -> IMG -> Financial Accounting (New) -> General Ledger Accounting (New) -> Master Data -> G/L Accounts -> Prepare for G/L Accounting -> Define Chart of Accounts
  
  Ensure that the chart of accounts you are trying to use is defined and active.
  
  
  
  Assign Chart of Accounts to Company Code:
  
  Navigate to:
  SPRO -> IMG -> Financial Accounting (New) -> General Ledger Accounting (New) -> Master Data -> G/L Accounts -> Prepare for G/L Accounting -> Assign Company Code to Chart of Accounts
  
  Check if the company code is assigned to the correct chart of accounts. If not, assign it accordingly.
  
  
  
  Verify Company Code and Chart of Accounts:
  
  Double-check the company code and chart of accounts you are using in your transaction for any typographical errors.
  
  
  
  Create Chart of Accounts:
  
  If the chart of accounts does not exist, you may need to create it. This can be done through the same configuration path mentioned above.
  
  
  
  Check User Authorizations:
  
  Ensure that the user has the necessary authorizations to access the chart of accounts and company code.
  
  
  
  Related Information:
  
  Transaction Codes: You can use transaction codes like OBY6 (to check company code settings) and OBD4 (to check chart of accounts settings) for quick access to the relevant configuration areas.
  Documentation: Refer to SAP Help documentation for detailed steps on configuring charts of accounts and company codes.
  Support: If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting the SAP community for further assistance.
  
  By following these steps, you should be able to resolve the OM153 error and ensure that the chart of accounts is correctly set up for the company code in question.