How To Fix FEB_BSPROC121 - Company code does not contain an FM area

SAP Error Message - Details

• Message type: E = Error

• Message class: FEB_BSPROC - Bank Statement Postprocessing

• Message number: 121

• Message text: Company code does not contain an FM area

What causes this issue?

An FM area is not assigned to your company code. The entries in the
following fields are not valid:
- Commitment item
- Funds center
- Fund
- Functional area

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

System Response

The incorrect entry will be removed.

How to fix this error?

Please adjust your settings for the company code accordingly.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FEB_BSPROC121 - Company code does not contain an FM area ?

  The SAP error message FEB_BSPROC121 indicates that the company code you are working with does not have an associated Funds Management (FM) area. This error typically arises in the context of Funds Management processes, where the system expects a valid FM area to be linked to the company code for proper budget control and financial tracking.
  Cause:
  
  Missing FM Area Assignment: The company code has not been assigned an FM area in the configuration settings.
  Incorrect Configuration: The FM area may have been incorrectly configured or deleted.
  Data Entry Error: There may be a mistake in the data entry where the company code is incorrectly specified.
  
  Solution:
  To resolve this error, you can follow these steps:
  
  
  Check FM Area Assignment:
  
  Go to the transaction code OBY6 (or navigate through the menu: SPRO > Financial Accounting > Financial Accounting Global Settings > Assign Company Code to FM Area).
  Verify if the company code in question is assigned to an FM area. If not, you will need to create an assignment.
  
  
  
  Create or Assign FM Area:
  
  If the company code is not assigned to any FM area, you can create a new FM area or assign an existing one.
  Ensure that the FM area is properly configured to meet your organization's requirements.
  
  
  
  Review Configuration:
  
  Check the configuration settings for Funds Management to ensure that all necessary settings are in place.
  Make sure that the FM area is active and correctly linked to the relevant company code.
  
  
  
  Data Validation:
  
  Double-check the data entry for the company code in the transaction that triggered the error. Ensure that the correct company code is being used.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or consult with your SAP support team for any specific configurations or settings that may be required for your organization.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OBY6 for company code assignments and FMX1 for creating FM areas.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  User Roles and Authorizations: Ensure that you have the necessary authorizations to make changes to the FM area and company code assignments.
  
  By following these steps, you should be able to resolve the FEB_BSPROC121 error and ensure that your company code is properly linked to an FM area for Funds Management processes.