How To Fix FICO1123 - Component does not exist

FICO1123 - Overview

• Message type: E = Error

• Message class: FICO1 -

• Message number: 123

• Message text: Component does not exist

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message FICO1123 - Component does not exist ?

  The SAP error message FICO1123, which states "Component does not exist," typically occurs in the context of Financial Accounting (FI) and Controlling (CO) modules when there is an issue related to the configuration of cost elements, cost centers, or other related components. Here’s a breakdown of the potential causes, solutions, and related information for this error:
  Causes:
  
  Missing Configuration: The component (e.g., cost center, internal order, or cost element) you are trying to use may not be configured in the system.
  Incorrect Master Data: The master data for the component may be incomplete or incorrectly set up.
  Inactive Components: The component might exist but is inactive or not available for the current period.
  Authorization Issues: The user may not have the necessary authorizations to access the component.
  Data Entry Errors: There may be a typographical error in the component code or name being referenced.
  
  Solutions:
  
  
  Check Configuration:
  
  Go to the relevant configuration transaction (e.g., OKEQ for cost elements, KS01