How To Fix FC066 - Company code & is not marked as external company code

SAP Error Message - Details

• Message type: E = Error

• Message class: FC - FI configuration error messages

• Message number: 066

• Message text: Company code & is not marked as external company code

What causes this issue?

The corresponding company code is not marked as an external company
code.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Set the indicator "External company code" for the global parameters of
the company code.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FC066 - Company code & is not marked as external company code ?

  The SAP error message FC066 indicates that the specified company code is not marked as an external company code. This typically occurs when you are trying to perform a transaction that requires the company code to be recognized as an external entity, but it has not been configured as such in the system.
  Cause:
  
  Configuration Issue: The company code has not been set up correctly in the system to be recognized as an external company code.
  Missing Settings: The necessary settings in the configuration for external company codes have not been completed.
  Transaction Context: The transaction you are trying to execute requires the company code to be marked as external, but it is currently set as internal.
  
  Solution:
  To resolve the error FC066, you need to mark the company code as an external company code in the SAP system. Here are the steps to do this:
  
  
  Access the Configuration:
  
  Go to the SAP Easy Access screen.
  Navigate to the following path: SPRO -> SAP Reference IMG -> Financial Accounting -> General Ledger Accounting -> Master Data -> G/L Accounts -> Preparation -> Define Company Code.
  
  
  
  Edit Company Code Settings:
  
  Find the company code that is causing the error.
  Check the settings for the company code and look for an option that indicates whether it is an external company code.
  Mark the company code as an external company code if it is not already marked.
  
  
  
  Save Changes:
  
  After making the necessary changes, save your configuration.
  
  
  
  Test the Transaction:
  
  Go back to the transaction that was causing the error and try executing it again to see if the issue is resolved.
  
  
  
  Related Information:
  
  External Company Code: An external company code is typically used in scenarios where the company code is involved in transactions with external entities, such as customers or vendors.
  Internal vs. External: Internal company codes are used for internal accounting purposes, while external company codes are used for transactions that involve external parties.
  Authorization: Ensure that you have the necessary authorization to make changes to company code settings in SAP.
  
  If the issue persists after following these steps, it may be necessary to consult with your SAP Basis or Financial Accounting team for further investigation, as there may be additional configuration or authorization issues at play.