How To Fix FB062 - Company code & does not exist in this system

SAP Error Message - Details

• Message type: E = Error

• Message class: FB - Batch Programs

• Message number: 062

• Message text: Company code & does not exist in this system

What causes this issue?

You are trying to extract G/L account master data from company code
&V2&. The target company code &V1& you specified does not however exist
in the logical system in which you are currently working.
&HINWEIS&
The target company code &V1& must exist in the logical system in which
you want to reimport the extracted G/L account master data.

How to fix this error?

Check your entry.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FB062 - Company code & does not exist in this system ?

  The SAP error message FB062 indicates that the specified company code does not exist in the system. This error typically occurs when you are trying to perform a financial transaction or access data related to a company code that has not been defined in the SAP system.
  Cause:
  
  Incorrect Company Code: The company code you are trying to use may be misspelled or incorrectly entered.
  Company Code Not Created: The company code has not been created in the system.
  Company Code Not Active: The company code may exist but is not active or has been marked for deletion.
  User Authorization: The user may not have the necessary authorizations to access the specified company code.
  
  Solution:
  
  Check Company Code: Verify that the company code you are entering is correct. Ensure there are no typos or incorrect characters.
  Create Company Code: If the company code does not exist, you will need to create it. This can be done by navigating to:
  
  Transaction Code: OX02 (or SPRO -> Enterprise Structure -> Definition -> Financial Accounting -> Define Company Code)
  Fill in the necessary details to create the company code.
  
  
  Activate Company Code: If the company code exists but is inactive, you may need to activate it. Check the status of the company code in the configuration settings.
  Check Authorizations: Ensure that your user profile has the necessary authorizations to access the company code. You may need to contact your SAP security administrator for assistance.
  Consult with SAP Support: If you are unable to resolve the issue, consider reaching out to your SAP support team or consulting the SAP Help Portal for further assistance.
  
  Related Information:
  
  Transaction Codes: 
  
  OX02: Define Company Code
  OX03: Display Company Code
  
  
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to company codes.
  Documentation: Review the SAP documentation for financial accounting configuration to ensure that all necessary steps have been followed in setting up company codes.
  
  By following these steps, you should be able to resolve the FB062 error and successfully work with the desired company code in SAP.