How To Fix FBICRC054 - No company code for company &1 in local system

FBICRC054 - Overview

• Message type: E = Error

• Message class: FBICRC - Messages for Intercompany Reconciliation

• Message number: 054

• Message text: No company code for company &1 in local system

What causes this issue?

The system could not find a company code with company ID &V1& in the
master data.

System Response

To find the documents for the company, you need an
<DS:DE.RFCDEST>RFC-Destination</> in table TICRC1.

How to fix this error?

If this is a cmpany in a local system, maintain the company ID in the
company code.
<DS:TRAN.OBY6>Maintain Company Code</>

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FBICRC054 - No company code for company &1 in local system ?

  The SAP error message FBICRC054 indicates that there is no company code defined for the specified company in the local system. This error typically arises in the context of financial accounting or when dealing with intercompany transactions.
  
  Cause:
  
  Missing Company Code: The specified company code does not exist in the local SAP system.
  
  Configuration Issues: The company code may not have been properly configured or activated in the system.
  Data Transfer Issues: If you are working with data from another system (e.g., during a migration or integration), the company code may not have been transferred correctly.
  Authorization Issues: The user may not have the necessary authorizations to view or access the company code.
  
  
  Solution:
  
  
  Check Company Code Configuration:
  
  Go to the transaction code OBY6 (or navigate through the menu: SPRO > Financial Accounting > General Settings > Define Company Code).
  Verify if the company code exists and is properly configured in the local system.
  
  
  
  Create Company Code:
  
  If the company code