How To Fix FI011 - Company code & is not assigned to an FM area

FI011 - Overview

• Message type: E = Error

• Message class: FI - TR-FM Funds Management

• Message number: 011

• Message text: Company code & is not assigned to an FM area

What causes this issue?

You have tried to activate Cash Budget Management or Funds Management
in your <DS:GLOS.company_code>company code &V1&</>. The master data for
the two components is created with reference to an <DS:GLOS.FM_area>FM
area</>.
When postings are made, the system must determine an FM area for
transfer of the data to Cash Budget Management or Funds Management. The
FM area is derived from the company code. For this reason, you must
assign company code &V1& to an FM area.

System Response

Activation not possible.

How to fix this error?

Make this assignment in the Enterprise Structure IMG, under
<LS>Assignment -> Financial Accounting -> Assign company code to FM
area</>. To make this assignment, you must already have created the FM
area.

Error message extract from SAP system. Copyright SAP SE.

FI011 - Details

• The SAP error message FI011 indicates that a company code is not assigned to a Funds Management (FM) area. This error typically occurs when you are trying to perform a transaction that requires a company code to be linked to a specific FM area, but the necessary configuration has not been completed.
  
  Cause:
  
  Missing Assignment: The company code has not been assigned to any FM area in the system.
  Incorrect Configuration: There may be an issue with the configuration settings in the Funds Management module.
  Data Entry Error: The company code entered in the transaction may be incorrect or not exist in the system.
  
  
  Solution:
  To resolve the FI011 error, follow these steps:
  
  
  Check Company Code Assignment:
  
  Go to the SAP Easy Access screen.
  Navigate to SPRO (Customizing) ? Public Sector Management ? Funds Management ? Master Data ? Assign Company Code to FM Area.
  Verify if the company code in question is assigned to an FM area. If not,