How To Fix CMAC_FEE_CALC556 - Assign a financial management area to company code &1

SAP Error Message - Details

• Message type: E = Error

• Message class: CMAC_FEE_CALC - Messages for Student Accounting

• Message number: 556

• Message text: Assign a financial management area to company code &1

What causes this issue?

Company code &V1& is not assigned to a financial management area
(FM area). Every company code must be assigned to an FM area.

Procedure for System Administrators

You make this assignment in Customizing for <LS>Enterprise Structure</>
in the IMG activity <DS:SIMG.SIMG_CFMENUSAPCOF18>Assign Company Code
to Financial Management Area</>.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message CMAC_FEE_CALC556 - Assign a financial management area to company code &1 ?

  The SAP error message CMAC_FEE_CALC556 indicates that there is a missing assignment of a financial management area to a specific company code in the system. This error typically arises in the context of financial management or fee calculation processes within SAP.
  Cause:
  The primary cause of this error is that the system requires a financial management area to be assigned to the company code specified in the error message. This assignment is necessary for the system to perform financial calculations or processes related to that company code.
  Solution:
  To resolve this error, you need to assign a financial management area to the specified company code. Here are the steps to do this:
  
  
  Access the SAP Customizing Implementation Guide (IMG):
  
  Go to the SAP Easy Access screen.
  Enter the transaction code SPRO and press Enter.
  Click on "SAP Reference IMG."
  
  
  
  Navigate to the Financial Management Area:
  
  Follow the path: Financial Accounting (New) -> Financial Accounting Global Settings (New) -> Assign Financial Management Area to Company Code.
  
  
  
  Assign the Financial Management Area:
  
  In the assignment screen, find the company code that is mentioned in the error message.
  Assign the appropriate financial management area to the company code.
  Save your changes.
  
  
  
  Check for Additional Configuration:
  
  Ensure that all necessary configurations related to the financial management area and company code are correctly set up.
  
  
  
  Test the Changes:
  
  After making the assignment, try to execute the transaction or process that triggered the error again to confirm that the issue has been resolved.
  
  
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes like OBY6 (for company code settings) or OBY1 (for financial management area settings) to check or modify settings.
  Documentation: Refer to SAP documentation or help files for more detailed information on financial management areas and their configurations.
  User Roles: Ensure that you have the necessary authorizations to make changes in the configuration settings.
  
  If the problem persists after following these steps, it may be beneficial to consult with your SAP support team or refer to SAP Notes for any specific patches or updates related to this error.