How To Fix FIOM_LOC702 - Company code &1 does not exist

SAP Error Message - Details

• Message type: E = Error

• Message class: FIOM_LOC - Oman Localization

• Message number: 702

• Message text: Company code &1 does not exist

Self-Explanatory Message

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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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FIOM_LOC702 - Company code &1 does not exist ?

  The SAP error message FIOM_LOC702 indicates that the specified company code does not exist in the system. This error typically arises in the context of financial operations, such as when trying to post transactions or access financial data related to a specific company code.
  Cause:
  
  Incorrect Company Code: The company code specified in the transaction or configuration does not exist in the SAP system.
  Data Entry Error: There may have been a typographical error when entering the company code.
  Company Code Not Created: The company code may not have been created in the system yet.
  Company Code Deactivation: The company code might have been deactivated or deleted from the system.
  Authorization Issues: The user may not have the necessary authorizations to access the specified company code.
  
  Solution:
  
  Verify Company Code: Check the company code entered in the transaction. Ensure that it is correct and matches the existing company codes in the system.
  Check Company Code Configuration:
  
  Go to the transaction code OBY6 (or SPRO -> Financial Accounting -> General Settings -> Company Code -> Define Company Code) to see if the company code exists.
  If it does not exist, you may need to create it using the appropriate configuration steps.
  
  
  Create Company Code: If the company code is indeed missing, you can create it by following the steps in the configuration menu.
  Check for Deactivation: If the company code exists but is inactive, you may need to reactivate it.
  User Authorizations: Ensure that the user has the necessary authorizations to access the company code. This can be checked with the security team or by reviewing the user roles and profiles.
  Consult Documentation: If you are unsure about the steps to take, refer to SAP documentation or consult with your SAP support team for guidance.
  
  Related Information:
  
  Transaction Codes: 
  
  OBY6: To view or create company codes.
  SPRO: To access the SAP Reference IMG for configuration.
  
  
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  User Roles: Review user roles and authorizations in transaction SU01 or PFCG to ensure proper access rights.
  
  If the issue persists after following these steps, it may be beneficial to engage with your SAP support team or consult SAP's customer support for further assistance.