How To Fix 5C716 - No PC assignment exists for fund '&1' for &2

SAP Error Message - Details

• Message type: E = Error

• Message class: 5C - HR: Messages for Switzerland

• Message number: 716

• Message text: No PC assignment exists for fund '&1' for &2

What causes this issue?

Certain settings (PC plan, PaGroup) must already exist in order to use
the PC control functions for a fund on a given date.
This is not the case for the accounts from &V1& to &V2&.

System Response

The function selected can not be carried out.

How to fix this error?

Notify your system administrator.

Procedure for System Administrators

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

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 5C716 - No PC assignment exists for fund '&1' for &2 ?

  The SAP error message 5C716 indicates that there is no PC (Profit Center) assignment for a specific fund in the system. This error typically arises in the context of financial transactions where a fund is being processed, but the system cannot find a corresponding profit center assignment for that fund.
  Cause:
  
  Missing Configuration: The fund in question has not been assigned a profit center in the configuration settings.
  Incorrect Fund Usage: The fund may not be set up correctly for the intended use, or it may not be linked to the appropriate profit center.
  Data Entry Errors: There may be a typo or incorrect entry when trying to reference the fund or profit center.
  Master Data Issues: The master data for the fund or profit center may be incomplete or incorrectly maintained.
  
  Solution:
  
  
  Check Fund Configuration:
  
  Navigate to the configuration settings for funds in your SAP system.
  Ensure that the fund in question has a valid profit center assignment.
  
  
  
  Assign Profit Center:
  
  If the fund does not have a profit center assigned, you will need to create or update the assignment.
  This can typically be done in the transaction code FSP0 (for Funds Management) or through the relevant customizing transaction.
  
  
  
  Review Master Data:
  
  Check the master data for both the fund and the profit center to ensure they are correctly set up.
  Make sure that the profit center is active and valid for the fiscal year in question.
  
  
  
  Consult Documentation:
  
  Review any relevant documentation or guidelines for your organization regarding fund and profit center assignments.
  
  
  
  Testing:
  
  After making the necessary changes, perform a test transaction to ensure that the error no longer occurs.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as FSP0 (for managing funds) and KE52 (for profit center master data).
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  User Roles: Ensure that you have the necessary authorizations to make changes to fund and profit center assignments.
  Consult with Finance Team: If you are unsure about the correct assignments, consult with your finance or controlling team for guidance.
  
  By following these steps, you should be able to resolve the error message 5C716 and ensure that the fund has the appropriate profit center assignment.