/ATL/GENERAL205 - For a public company enter ledger expiration date

SAP Error Message - Details

• Message type: E = Error

• Message class: /ATL/GENERAL -

• Message number: 205

• Message text: For a public company enter ledger expiration date

Self-Explanatory Message

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To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

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AnswerBot

• What is the cause and solution for SAP error message /ATL/GENERAL205 - For a public company enter ledger expiration date ?

  The SAP error message /ATL/GENERAL205 typically indicates that a public company is missing a required ledger expiration date. This error is often encountered in the context of Asset Accounting (FI-AA) or related financial modules where specific data is required for compliance and reporting purposes.
  Cause:
  The error occurs when:
  
  A public company (as defined in the system) does not have an expiration date set for its ledgers.
  The system requires this date to ensure that financial reporting and asset management comply with regulatory standards.
  
  Solution:
  To resolve this error, you need to enter the ledger expiration date for the public company in question. Here are the steps to do this:
  
  
  Access the Company Code Configuration:
  
  Go to the SAP Easy Access screen.
  Navigate to the following path: SPRO -> IMG -> Financial Accounting -> Asset Accounting -> Master Data -> Define Company Code.
  
  
  
  Select the Relevant Company Code:
  
  Find and select the company code that is generating the error.
  
  
  
  Enter the Ledger Expiration Date:
  
  Look for the field related to the ledger expiration date.
  Enter the appropriate expiration date that aligns with your company's financial policies and regulatory requirements.
  
  
  
  Save Changes:
  
  After entering the date, save your changes.
  
  
  
  Test the Transaction:
  
  Retry the transaction that previously generated the error to ensure that the issue has been resolved.
  
  
  
  Related Information:
  
  Documentation: Refer to SAP documentation or your internal guidelines for specific requirements regarding ledger expiration dates for public companies.
  Regulatory Compliance: Ensure that the expiration date aligns with any legal or regulatory requirements applicable to your organization.
  Consult with Finance Team: If unsure about the appropriate date to enter, consult with your finance or accounting team to ensure compliance with financial reporting standards.
  
  If the issue persists after following these steps, it may be necessary to consult with your SAP support team or a technical consultant for further investigation.