How To Fix FACRA002 - No company code found in application component &1

SAP Error Message - Details

• Message type: E = Error

• Message class: FACRA - Messages in application Manage Accruals

• Message number: 002

• Message text: No company code found in application component &1

What causes this issue?

The system cannot find any valid company codes for application &V1&.

What causes this issue?

The system cannot find any valid company codes for application &V1&.

How to fix this error?

Check the customizing setting
<DS:TRAN.S_ALN_01001131>Assign Company Codes</> or change your search
criteria.

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 FACRA002 - No company code found in application component &1 ?

  The SAP error message FACRA002 indicates that no company code is found in the specified application component. This error typically arises in the context of financial accounting or asset accounting when the system is unable to identify a valid company code for the transaction or operation being performed.
  Cause:
  
  Missing Company Code Configuration: The company code may not be defined in the system for the specified application component.
  Incorrect Application Component: The application component specified in the transaction may not be correctly set up or may not correspond to any existing company code.
  Authorization Issues: The user may not have the necessary authorizations to access the company code.
  Data Inconsistencies: There may be inconsistencies in the master data or configuration settings that prevent the system from recognizing the company code.
  
  Solution:
  
  
  Check Company Code Configuration:
  
  Navigate to the configuration settings in SAP (Transaction Code: SPRO).
  Ensure that the company code is properly defined and assigned to the relevant application component.
  Verify that the company code is active and not marked for deletion.
  
  
  
  Verify Application Component:
  
  Ensure that the application component you are working with is correctly set up and linked to the appropriate company code.
  Check if the application component is correctly specified in the transaction you are trying to execute.
  
  
  
  User Authorizations:
  
  Check the user roles and authorizations to ensure that the user has access to the specified company code.
  If necessary, consult with your SAP security team to adjust the user roles.
  
  
  
  Data Consistency Check:
  
  Run consistency checks on the master data related to the company code and the application component.
  Look for any discrepancies or missing entries that could lead to this error.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or notes related to the specific application component for any additional configuration steps or requirements.
  
  
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes like OX15 (to maintain company codes) or OX02 (to change company code settings) to check or modify company code settings.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  Support: If the issue persists after checking the above points, consider reaching out to SAP support or your internal SAP support team for further assistance.
  
  By following these steps, you should be able to identify the root cause of the FACRA002 error and implement the necessary solutions to resolve it.