How To Fix FICO1123 - Component does not exist

SAP Error Message - Details

• 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.

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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.

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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 for cost centers) and verify that the component exists and is correctly configured.
  Ensure that the component is assigned to the correct controlling area.
  
  
  
  Review Master Data:
  
  Use transactions like KS03 (Display Cost Center) or KA03 (Display Cost Element) to check if the component exists and is active.
  If it does not exist, create it using the appropriate transaction (e.g., KS01 for cost centers).
  
  
  
  Activate Components:
  
  If the component exists but is inactive, you may need to activate it or set it up for the relevant period.
  
  
  
  Check Authorizations:
  
  Ensure that the user has the necessary authorizations to access the component. This can be checked with the security team or through transaction SU53 to analyze authorization issues.
  
  
  
  Correct Data Entry:
  
  Double-check the input for any typographical errors. Ensure that the component code or name is entered correctly.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help files for specific details related to the component in question.
  
  
  
  Related Information:
  
  
  Transaction Codes: Familiarize yourself with relevant transaction codes for managing FI/CO components, such as:
  
  KS01: Create Cost Center
  KS02: Change Cost Center
  KS03: Display Cost Center
  KA01: Create Cost Element
  KA02: Change Cost Element
  KA03: Display Cost Element
  
  
  
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message. You can search for FICO1123 in the SAP Support Portal.
  
  
  Community Forums: Engage with SAP community forums or user groups for additional insights and solutions from other users who may have encountered the same issue.
  
  
  By following these steps, you should be able to identify the cause of the FICO1123 error and implement the appropriate solution.