How To Fix FINS_CO_ICO008 - Company not found for account assignment

SAP Error Message - Details

• Message type: E = Error

• Message class: FINS_CO_ICO - Intercompany processes

• Message number: 008

• Message text: Company not found for account assignment

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 FINS_CO_ICO008 - Company not found for account assignment ?

  The SAP error message FINS_CO_ICO008 ("Company not found for account assignment") typically occurs in the context of financial transactions, particularly when dealing with cost accounting or internal orders. This error indicates that the system cannot find a valid company code associated with the account assignment you are trying to use.
  Causes:
  
  Missing Company Code: The company code associated with the account assignment does not exist in the system.
  Incorrect Account Assignment: The account assignment (such as a cost center, internal order, or project) may not be correctly linked to a valid company code.
  Configuration Issues: There may be configuration issues in the controlling area or company code settings that prevent the system from recognizing the account assignment.
  Data Inconsistency: There could be inconsistencies in the master data related to the company code or account assignment.
  
  Solutions:
  
  
  Check Company Code Configuration:
  
  Go to the configuration settings in SAP and verify that the company code is correctly set up and active.
  Ensure that the company code is assigned to the relevant controlling area.
  
  
  
  Verify Account Assignment:
  
  Check the account assignment details (cost center, internal order, etc.) to ensure they are correctly defined and linked to the appropriate company code.
  Use transaction codes like KS03 (Display Cost Center) or KO03 (Display Internal Order) to verify the details.
  
  
  
  Review Master Data:
  
  Ensure that the master data for the account assignment is complete and correctly maintained.
  Check if the account assignment is valid for the period in which the transaction is being processed.
  
  
  
  Consult with Configuration Team:
  
  If you suspect configuration issues, consult with your SAP configuration team to review the settings related to company codes and account assignments.
  
  
  
  Transaction Context:
  
  Ensure that the transaction you are trying to execute is appropriate for the account assignment you are using. Some transactions may have specific requirements regarding account assignments.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OBY6 (to check company code settings) and OKKP (to check controlling area settings).
  SAP Notes: Check for any SAP Notes related to this error message for additional guidance or patches that may address the issue.
  Documentation: Review SAP documentation or help files for more detailed explanations of account assignments and company code configurations.
  
  By following these steps, you should be able to identify the root cause of the error and implement the necessary corrections to resolve it.