How To Fix FGL_MIG_BCF012 - &1 is not a valid company code; use the input help

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 012

• Message text: &1 is not a valid company code; use the input help

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?

Select a company code by using the input help or enter <NP>*</> to
execute the program for all company codes that exist in the system.

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_BCF012 - &1 is not a valid company code; use the input help ?

  The SAP error message FGL_MIG_BCF012 indicates that the company code you are trying to use is not valid in the context of the operation you are performing. This error typically arises during data migration or when trying to access financial data related to a company code that does not exist or is not properly configured in the system.
  Cause:
  
  Invalid Company Code: The company code you entered does not exist in the SAP system.
  Inactive Company Code: The company code may exist but is not active or has been marked for deletion.
  Authorization Issues: The user may not have the necessary authorizations to access the specified company code.
  Data Entry Error: There may be a typographical error in the company code entered.
  
  Solution:
  
  Check Company Code: Verify that the company code you are entering is correct. You can do this by using the input help (F4) to see a list of valid company codes.
  Activate Company Code: If the company code exists but is inactive, you may need to activate it. This can typically be done in the configuration settings of the SAP system.
  User Authorizations: Ensure that the user has the necessary authorizations to access the company code. This may require checking with your SAP security administrator.
  Correct Data Entry: Double-check for any typographical errors in the company code you are entering.
  Consult Documentation: If you are performing a migration, refer to the migration documentation to ensure that the company codes are set up correctly in the source and target systems.
  
  Related Information:
  
  Transaction Codes: You can use transaction codes like OBY6 to check company code settings or OBY1 to create a new company code.
  SAP Notes: Check SAP Notes for any known issues or additional guidance related to this error message.
  Migration Tools: If you are using a specific migration tool (like SAP S/4HANA Migration Cockpit), refer to the tool's documentation for specific requirements regarding company codes.
  
  If the issue persists after checking the above points, it may be beneficial to consult with your SAP support team or refer to SAP's official documentation for further troubleshooting steps.