How To Fix FAA_CFG_CHECK034 - CoCd: &1, area &2: Parallel area shall not be assigned to the CoCode

SAP Error Message - Details

• Message type: E = Error

• Message class: FAA_CFG_CHECK - Message Class for consistency check of CFG objects

• Message number: 034

• Message text: CoCd: &1, area &2: Parallel area shall not be assigned to the CoCode

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message FAA_CFG_CHECK034 - CoCd: &1, area &2: Parallel area shall not be assigned to the CoCode ?

  The SAP error message FAA_CFG_CHECK034 indicates that there is a configuration issue related to the assignment of parallel areas in the Asset Accounting (FI-AA) module. Specifically, it suggests that a parallel area is being assigned to a company code (CoCd) where it is not allowed.
  Cause:
  
  Configuration Issue: The error typically arises when the system detects that a parallel area (such as a parallel currency area) is assigned to a company code that does not support it. This can happen if the configuration settings for the company code and the asset areas are not aligned properly.
  Inconsistent Settings: The settings for asset areas may not be consistent with the company code settings, leading to conflicts in how assets are managed and reported.
  
  Solution:
  
  
  Check Configuration: 
  
  Go to the configuration settings for Asset Accounting in the SAP system.
  Navigate to the path: SPRO > Financial Accounting > Asset Accounting > Integration with General Ledger > Define Asset Areas.
  Verify the settings for the company code and ensure that the parallel area is correctly configured and allowed for that specific company code.
  
  
  
  Adjust Asset Area Settings:
  
  If the parallel area is not needed for the company code, consider removing the assignment of the parallel area to that company code.
  If the parallel area is required, ensure that the company code is configured to support it.
  
  
  
  Consult Documentation: Review SAP documentation or help files related to Asset Accounting configuration to ensure that all settings are correctly applied.
  
  
  Testing: After making changes, perform tests to ensure that the error does not reoccur and that asset transactions can be processed without issues.
  
  
  Seek Help from SAP Support: If the issue persists after checking the configuration, consider reaching out to SAP support for further assistance.
  
  
  Related Information:
  
  Asset Accounting (FI-AA): This module is part of the SAP Financial Accounting suite and deals with the management of fixed assets.
  Company Code (CoCd): A company code is the smallest organizational unit in accounting for which a complete self-contained set of accounts can be drawn up.
  Parallel Accounting: This refers to the ability to maintain multiple sets of books for different accounting principles (e.g., local GAAP and IFRS) within the same company code.
  
  By addressing the configuration settings and ensuring consistency between the company code and asset areas, you should be able to resolve the FAA_CFG_CHECK034 error.