How To Fix ACC_AA347 - CoCd with status deactivated is not allowed to be assigned in project &1

ACC_AA347 - Overview

• Message type: E = Error

• Message class: ACC_AA - Message Class for Function Group ACC_AA

• Message number: 347

• Message text: CoCd with status deactivated is not allowed to be assigned in project &1

What causes this issue?

You have assigned company code &V2& in your project with the project ID
&V1&.
This company code has the status <LS>deactivated</> (status 2). This
means the company code is <ZH>not</> being used productively.
However, you can only implement a new accounting principle for company
codes that are flagged as productive in Customizing for
<LS>Asset Accounting</> under <LS>Preparations for Going Live ->
Production Startup -> Define Settings for Company Code</>.
Consequently, <ZH>no</> new accounting principle can be implemented for
company code &V2&.

System Response

It <ZH>is not</> possible to save the settings. You <ZH>cannot</> assign
the company code to the project.

How to fix this error?

Remove the company code from your project, and save the data.

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 ACC_AA347 - CoCd with status deactivated is not allowed to be assigned in project &1 ?

  The SAP error message ACC_AA347 indicates that a company code (CoCd) with a status of "deactivated" is being attempted to be assigned to a project. This error typically arises in the context of Asset Accounting (FI-AA) when trying to assign assets or company codes that are not active.
  
  Cause:
  
  Deactivated Company Code: The primary cause of this error is that the company code you are trying to assign to the project is marked as deactivated in the system. This means that the company code is not available for transactions, including asset assignments.
  
  Configuration Issues: There may be configuration settings in the system that prevent the assignment of certain company codes to projects.
  Project Status: The project itself may have restrictions or statuses that do not allow for the assignment of deactivated company codes.
  
  
  Solution:
  
  
  Activate the Company Code:
  
  Go to the transaction code OBY6 (or the relevant configuration path) to check the status of the company code.
  If