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

CMAC_FEE_CALC556 - Overview

• 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.

CMAC_FEE_CALC556 - Details

• 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