Message type: E = Error
Message class: FKK_FACT - FI-CA: Factoring
Message number: 008
Message text: Factoring is not active
There is no company code for which factoring is activated
The system issues an error message and will not allow you to continue with this transaction until the error is resolved.
Maintain the parameter "<LS>Factoring Active</>" in the table TFK001B
for the company code for which you want to activate factoring.
Error message extract from SAP system. Copyright SAP SE.
The SAP error message FKK_FACT008 indicates that factoring is not active in the system. This error typically arises in the context of financial transactions involving factoring, which is a financial transaction where a business sells its accounts receivable to a third party (the factor) at a discount.
Cause: The primary cause of this error is that the factoring functionality has not been activated or configured in the SAP system. This can happen if: The necessary configuration settings for factoring have not been completed. The company code or business area does not have factoring enabled. The relevant customizing settings in the SAP system are missing or incorrect.
Solution: To resolve the FKK_FACT008 error, you can follow these steps: Check Configuration: Go to the SAP Customizing Implementation Guide (SPRO). Navigate to Financial Supply Chain Management > Contract Accounts Receivable and Payable > Basic Functions > Factoring. Ensure that the necessary settings for factoring are activated for your company code. Activate Factoring: If factoring is not
Get instant SAP help. Sign up for our Free Essentials Plan.
FKK_FACT007
Factoring is not active in company code &1
Self-Explanatory Message Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of...
FKK_FACT006
No factoring data is available for receivable &1 &2
Self-Explanatory Message Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of...
FKK_FACT009
No factoring company is maintained
Self-Explanatory Message Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of...
FKK_FACT010
Main or subprocess for factor posting is missing in company code 3100
Self-Explanatory Message Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of...
Click on this link to search all SAP messages.