How To Fix FI314 - Incorrect account assignment: No FM area assigned to company code &

FI314 - Overview

• Message type: E = Error

• Message class: FI - TR-FM Funds Management

• Message number: 314

• Message text: Incorrect account assignment: No FM area assigned to company code &

What causes this issue?

You have entered an account assignment (commimtent item, funds center
or fund). However, no FM area is assigned to company code &V1&.

System Response

Posting cannot be made.

How to fix this error?

Assign an FM area to company code &V1& or check your entry.

Error message extract from SAP system. Copyright SAP SE.

FI314 - Details

• The SAP error message FI314 ("Incorrect account assignment: No FM area assigned to company code &") typically occurs in the context of Financial Accounting (FI) and Funds Management (FM) when there is an attempt to post a transaction that requires a Funds Management area, but the company code involved does not have a corresponding FM area assigned.
  
  Cause:
  
  Missing FM Area Assignment: The primary cause of this error is that the company code does not have an FM area assigned in the system. This is necessary for any transactions that involve funds management.
  
  Configuration Issues: There may be a misconfiguration in the system settings related to the integration of FI and FM modules.
  Transaction Type: The transaction being processed may require an FM area, but the company code is not set up to handle such transactions.
  
  
  Solution:
  To resolve the FI314 error, follow these steps:
  
  
  Check FM Area Assignment:
  
  Go to the SAP transaction code OBY6 (or navigate