How To Fix FI037 - Company code &: assigned FM area & does not exist

FI037 - Overview

• Message type: E = Error

• Message class: FI - TR-FM Funds Management

• Message number: 037

• Message text: Company code &: assigned FM area & does not exist

What causes this issue?

The FM area &V2& assigned to company code &V1& does not exist.

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

System Response

How to fix this error?

Error message extract from SAP system. Copyright SAP SE.

FI037 - Details

• The SAP error message FI037 indicates that there is a mismatch or inconsistency between the company code and the funds management (FM) area in the system. Specifically, it means that the company code you are trying to use is not assigned to the specified FM area.
  
  Cause:
  
  Missing Assignment: The company code is not assigned to the FM area in the configuration settings.
  Incorrect Configuration: The FM area may have been deleted or not properly configured in relation to the company code.
  Data Entry Error: There may be a typographical error in the company code or FM area being used in the transaction.
  
  
  Solution:
  To resolve the FI037 error, follow these steps:
  
  
  Check Assignment:
  
  Go to the SAP transaction code OBY6 (or navigate through the menu: SPRO > Financial Accounting > Funds Management > Master Data > Assign Company Code to FM Area).
  Verify if the company code is correctly assigned to the FM area in question.
  
  
  
  Create Assignment:
  
  If the