How To Fix FGL_MIG_BCF010 - Specify a valid company code

SAP Error Message - Details

• Message type: E = Error

• Message class: FGL_MIG_BCF - SAP S/4HANA Finance Migration: Initial Balance Carryforward

• Message number: 010

• Message text: Specify a valid company code

What causes this issue?

You have specified a company code that does not exist in the system.

System Response

You cannot execute the program.

How to fix this error?

Specify a valid company code or select a company code by using the input
help.

Procedure for System Administrators

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

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FGL_MIG_BCF010 - Specify a valid company code ?

  The SAP error message FGL_MIG_BCF010: "Specify a valid company code" typically occurs during the migration process or when performing certain financial operations in SAP. This error indicates that the system is unable to recognize or validate the company code you have entered.
  Causes:
  
  Invalid Company Code: The company code you are trying to use does not exist in the system or is not active.
  Data Entry Error: There may be a typographical error in the company code you entered.
  Authorization Issues: The user may not have the necessary authorizations to access the specified company code.
  Configuration Issues: The company code may not be properly configured in the system, or it may not be assigned to the relevant organizational units.
  Migration Settings: If this error occurs during a migration process, it may be due to incorrect mapping or settings in the migration tool.
  
  Solutions:
  
  
  Verify Company Code:
  
  Check the company code you entered for any typographical errors.
  Ensure that the company code exists in the system by navigating to the relevant configuration area (Transaction Code: OX02).
  
  
  
  Check Company Code Status:
  
  Ensure that the company code is active and not marked for deletion. You can check this in the company code settings.
  
  
  
  User Authorizations:
  
  Verify that the user has the necessary authorizations to access the specified company code. This can be checked with the help of your SAP security team.
  
  
  
  Configuration Review:
  
  Review the configuration of the company code to ensure it is set up correctly. This includes checking the assignment to the controlling area and other relevant organizational units.
  
  
  
  Migration Tool Settings:
  
  If the error occurs during a migration process, review the migration settings and mappings to ensure that the company code is correctly specified and mapped.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or notes related to the specific migration process or transaction you are working with for additional guidance.
  
  
  
  Related Information:
  
  
  Transaction Codes: 
  
  OX02: To manage company codes.
  SU01: To check user authorizations.
  
  
  
  SAP Notes: 
  
  Check SAP Notes for any known issues or patches related to this error message.
  
  
  
  Support: 
  
  If the issue persists after checking the above points, consider reaching out to SAP support or your internal SAP support team for further assistance.
  
  
  
  By following these steps, you should be able to identify the cause of the error and implement the appropriate solution.