How To Fix FAA_CMP008 - Company code status &1 is not defined

FAA_CMP008 - Overview

• Message type: E = Error

• Message class: FAA_CMP - Asset Accounting: Configuration Object Company Code

• Message number: 008

• Message text: Company code status &1 is not defined

Self-Explanatory Message

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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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FAA_CMP008 - Company code status &1 is not defined ?

  The SAP error message FAA_CMP008 indicates that the company code status for the specified company code is not defined in the system. This error typically occurs in the context of Asset Accounting (FI-AA) when trying to perform operations related to fixed assets, such as creating, changing, or posting transactions.
  
  Cause:
  
  Company Code Not Defined: The company code you are trying to use does not have a status defined in the system.
  
  Configuration Issues: The company code may not be properly configured in the Asset Accounting settings.
  Inactive Company Code: The company code might be set to inactive or not fully set up for Asset Accounting.
  
  
  Solution:
  To resolve the FAA_CMP008 error, follow these steps:
  
  
  Check Company Code Configuration:
  
  Go to the transaction code OBY6 (or navigate through the menu: SPRO > Financial Accounting > General Settings > Define Company Code).
  Ensure that the company code in question is defined and active.
  
  
  
  Check Asset Accounting Settings:
  
  Use transaction code OAYZ to check