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

SAP Error Message - Details

• 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.

Smart SAP Assistant

• What is the cause and solution for SAP error message FI011 - Company code & is not assigned to an FM area ?

  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, you will need to create the assignment.
  
  
  
  Assign Company Code to FM Area:
  
  If the company code is not assigned, you can create the assignment by selecting the appropriate FM area and assigning the company code to it.
  Save your changes.
  
  
  
  Check for Data Entry Errors:
  
  Ensure that the company code you are using in your transaction is correct and exists in the system.
  
  
  
  Review Configuration:
  
  If the issue persists, review the overall configuration of the Funds Management module to ensure that all necessary settings are correctly defined.
  
  
  
  Testing:
  
  After making the necessary changes, perform a test transaction to ensure that the error has been resolved.
  
  
  
  Related Information:
  
  Transaction Codes: You may use transaction codes like OBY6 (for company code settings) and FMAVC (for Funds Management settings) to navigate through the relevant configurations.
  Documentation: Refer to SAP Help documentation for detailed guidance on Funds Management configuration and company code assignments.
  User Roles: Ensure that you have the necessary authorizations to make changes in the configuration settings.
  
  If you continue to experience issues after following these steps, it may be beneficial to consult with your SAP Basis or Functional team for further assistance.