How To Fix FINS_FI_SIF214 - Company codes involved in company code clearing must be added

SAP Error Message - Details

• Message type: E = Error

• Message class: FINS_FI_SIF - SAP S/4HANA Finance: Subsequent Implementation of Functions

• Message number: 214

• Message text: Company codes involved in company code clearing must be added

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

The configuration is incomplete and cannot be saved.

How to fix this error?

To ensure that the data transfer from the (different) source ledger to
ledger &V1& is complete and consistent, company codes that have
cross-company code postings with the company codes mentioned in the
source ledger/company code combination have to be added here.
All company codes of the cross-company code postings have to be assigned
to the new ledger with the same activation date.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FINS_FI_SIF214 - Company codes involved in company code clearing must be added ?

  The SAP error message FINS_FI_SIF214 indicates that when performing a company code clearing, the involved company codes must be specified in the configuration. This error typically arises during the execution of financial transactions that involve clearing between different company codes.
  Cause:
  The error occurs because the system requires that all company codes involved in the clearing process are defined in the configuration settings. If the company codes are not properly set up or if they are not included in the clearing configuration, the system will throw this error.
  Solution:
  To resolve the error, you need to ensure that the company codes involved in the clearing process are correctly configured. Here are the steps to do this:
  
  
  Check Company Code Configuration:
  
  Go to the SAP Easy Access screen.
  Navigate to SPRO (SAP Project Reference Object) > Financial Accounting > Accounts Receivable and Accounts Payable > Clearing > Define Company Code Clearing.
  Ensure that the company codes you are trying to clear are listed in the configuration.
  
  
  
  Add Company Codes:
  
  If the company codes are not listed, you will need to add them.
  In the configuration screen, you can specify the company codes that are allowed to participate in the clearing process.
  
  
  
  Review Clearing Settings:
  
  Check if there are any specific settings or restrictions that might prevent the clearing between the specified company codes.
  Ensure that the necessary authorizations are in place for the users performing the clearing.
  
  
  
  Test the Clearing Process:
  
  After making the necessary changes, try to execute the clearing process again to see if the error persists.
  
  
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes like OBY6 (for company code settings) or FBL1N/FBL5N (for vendor/customer line items) to review the relevant data.
  Documentation: Refer to SAP Help documentation for detailed information on company code clearing and configuration.
  Support: If the issue persists after following the above steps, consider reaching out to your SAP support team or consulting with an SAP FI (Financial Accounting) expert for further assistance.
  
  By ensuring that all necessary company codes are included in the clearing configuration, you should be able to resolve the FINS_FI_SIF214 error and proceed with your financial transactions.