Enter ledger (compat.) for company code &1, accounting principle &2

What causes this issue?

In the Customizing settings for <LS>Multiple Accounting Principles in
Controlling (COGM)</>, no ledger is specified in the <LS>Ledger
(Compat.)</> field for company code &V1& and accounting principle &V2&.

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 go to Customizing activity
<DS:SIMG.V_FCML_MLCO_COFI>Set Up Integration with G/L for Multiple
Accounting Principles in Controlling</> and specify the missing ledger.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.