How To Fix FI677 - Company code &: assigned update profile does not exist

FI677 - Overview

• Message type: E = Error

• Message class: FI - TR-FM Funds Management

• Message number: 677

• Message text: Company code &: assigned update profile does not exist

What causes this issue?

Update profile &V3& in FM area &V2& which is assigned to company code
&V1& does not exist.

System Response

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

How to fix this error?

Assign an update profile to the FM area in the Funds Management
implementation guide.

Error message extract from SAP system. Copyright SAP SE.

FI677 - Details

• The SAP error message FI677 indicates that there is an issue with the update profile assigned to a company code in the Financial Accounting (FI) module. Specifically, it means that the system cannot find the update profile that has been assigned to the specified company code.
  
  Cause:
  
  Missing Update Profile: The update profile assigned to the company code does not exist in the system.
  Incorrect Configuration: The company code may have been incorrectly configured, leading to an assignment of a non-existent update profile.
  Transport Issues: If the configuration was transported from another system, the update profile may not have been included in the transport request.
  Data Consistency Issues: There may be inconsistencies in the configuration data, possibly due to manual changes or errors during system upgrades.
  
  
  Solution:
  
  
  Check Update Profile Assignment:
  
  Go to the transaction code OBY6 (or navigate through the menu: Financial Accounting > General Ledger > Master Data > Company Code > Edit, Copy, Delete, Check