How To Fix AC374 - Company code & is not defined

SAP Error Message - Details

• Message type: E = Error

• Message class: AC - Error messages from Asset Customizing

• Message number: 374

• Message text: Company code & is not defined

What causes this issue?

Company code &V1&, from which you want to copy, is not defined.

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 your entry.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AC374 - Company code & is not defined ?

  The SAP error message AC374 indicates that a company code is not defined in the system. This error typically occurs when you are trying to perform an action related to asset accounting, such as creating or posting an asset, and the specified company code does not exist or is not properly configured in the system.
  Cause:
  
  Company Code Not Defined: The company code you are trying to use is not defined in the system.
  Incorrect Configuration: The company code may not be properly configured in the Asset Accounting module.
  Data Entry Error: There may be a typographical error in the company code entered in the transaction.
  Inactive Company Code: The company code might be inactive or not assigned to the relevant controlling area.
  
  Solution:
  
  
  Check Company Code Definition:
  
  Go to the transaction code OBY6 (or SPRO -> Financial Accounting -> General Ledger Accounting -> Master Data -> G/L Accounts -> Edit, Copy, Delete, Check G/L Account).
  Verify that the company code in question is defined and active.
  
  
  
  Verify Asset Accounting Configuration:
  
  Use transaction code OAYZ to check the configuration for Asset Accounting.
  Ensure that the company code is assigned to the relevant asset accounting settings.
  
  
  
  Correct Data Entry:
  
  Double-check the company code entered in the transaction to ensure there are no typographical errors.
  
  
  
  Check Company Code Status:
  
  Ensure that the company code is not marked as inactive. You can check this in the company code settings.
  
  
  
  Assign Company Code to Controlling Area:
  
  If applicable, ensure that the company code is assigned to the correct controlling area. This can be checked in transaction code OKKP.
  
  
  
  Consult with SAP Basis or Functional Team:
  
  If you are unable to resolve the issue, consult with your SAP Basis or functional team for further assistance.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  OBY6: Define Company Code
  OAYZ: Asset Accounting Configuration
  OKKP: Assign Company Code to Controlling Area
  
  
  
  Documentation: Refer to SAP Help documentation for detailed steps on configuring company codes and asset accounting.
  
  
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  
  
  By following these steps, you should be able to identify and resolve the issue related to the AC374 error message in SAP.