How To Fix AC706 - Check entry, company code & does not exist

SAP Error Message - Details

• Message type: E = Error

• Message class: AC - Error messages from Asset Customizing

• Message number: 706

• Message text: Check entry, company code & does not exist

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

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.

Unfortunately, there isn't any extra information in this error notice.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message AC706 - Check entry, company code & does not exist ?

  The SAP error message AC706 ("Check entry, company code & does not exist") typically occurs when you are trying to perform an action related to asset accounting, and the specified company code does not exist in the system. This error can arise in various scenarios, such as when creating or modifying asset master records, posting asset transactions, or running reports.
  Cause:
  
  Non-existent Company Code: The company code you are trying to use in your transaction does not exist in the SAP system.
  Incorrect Configuration: The company code may not be properly configured or activated in the system.
  Authorization Issues: The user may not have the necessary authorizations to access the specified company code.
  Data Entry Error: There may be a typographical error in the company code entered in the transaction.
  
  Solution:
  
  
  Verify Company Code:
  
  Check if the company code you are trying to use is correctly entered and exists in the system.
  You can do this by navigating to the transaction code OBY6 (or SPRO -> Financial Accounting -> General Ledger Accounting -> Master Data -> G/L Accounts -> Edit, Copy, Delete, Check G/L Account) and checking the list of company codes.
  
  
  
  Create Company Code:
  
  If the company code does not exist, you may need to create it using transaction code OX02 (or SPRO -> Enterprise Structure -> Definition -> Financial Accounting -> Define Company Code).
  
  
  
  Check Configuration:
  
  Ensure that the company code is properly configured and activated. This includes checking settings related to asset accounting.
  
  
  
  User Authorizations:
  
  Verify that the user has the necessary authorizations to access the company code. This can be checked with your SAP security team.
  
  
  
  Correct Data Entry:
  
  Double-check the entry for any typographical errors. Ensure that the company code is entered correctly in the relevant fields.
  
  
  
  Consult Documentation:
  
  If the issue persists, consult SAP documentation or reach out to your SAP support team for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as AS01 (Create Asset), AS02 (Change Asset), and AS03 (Display Asset) to understand where the error might be occurring.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  System Logs: Review system logs for additional error messages or warnings that may provide more context about the issue.
  
  By following these steps, you should be able to identify and resolve the cause of the AC706 error in SAP.