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

SAP Error Message - Details

• 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 does not exist, you may need to create it using the same transaction (OBY6).
  Ensure that all necessary details (like currency, fiscal year variant, etc.) are filled in correctly.
  
  
  
  Check Data Transfer:
  
  If you are migrating data from another system, ensure that the company code was included in the data transfer.
  Review the data import logs for any errors related to the company code.
  
  
  
  Authorization Check:
  
  Ensure that the user has the necessary authorizations to access the company code.
  Check the user roles and profiles to confirm that they have the required permissions.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or consult with your SAP Basis or functional team for any specific configurations related to your system.
  
  
  
  Related Information:
  
  Transaction Codes: 
  
  OBY6: Define Company Code
  OBY1: Define Company
  
  
  SAP Notes: Check for any relevant SAP Notes that might address this specific error or provide additional troubleshooting steps.
  Support: If the issue persists after checking the above points, consider reaching out to SAP support or your internal SAP team for further assistance.
  
  By following these steps, you should be able to resolve the FBICRC054 error and ensure that the company code is correctly set up in your SAP system.