How To Fix FICORE024 - Company code & without FM area activated for finance update purposes

FICORE024 - Overview

• Message type: E = Error

• Message class: FICORE - FI Message Class for General Messages

• Message number: 024

• Message text: Company code & without FM area activated for finance update purposes

What causes this issue?

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?

Go to the IMG and check which:
FM areas you have created
Company codes you have assigned to which FM areas
FM areas you have activated in Funds Management or Cash Budget
Management

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FICORE024 - Company code & without FM area activated for finance update purposes ?

  The SAP error message FICORE024 indicates that a company code is not activated for Financial Management (FM) area updates. This typically occurs when you are trying to perform a financial transaction that requires integration with the Funds Management module, but the specified company code does not have the necessary configuration.
  
  Cause:
  
  Company Code Configuration: The company code in question has not been set up to use Funds Management (FM) functionalities. This means that the system is unable to process financial transactions that require FM area updates.
  Missing Activation: The FM area for the company code is not activated, which is necessary for the system to recognize and process financial updates related to funds management.
  
  
  Solution:
  To resolve the error, you need to activate the FM area for the specified company code. Here are the steps to do this:
  
  
  Access the Configuration:
  
  Go to the SAP Easy Access screen.
  Navigate to the following path: SPRO -> SAP Reference IMG