How To Fix FKKCOLL066 - No standard company code defined in contract account &1

SAP Error Message - Details

• Message type: E = Error

• Message class: FKKCOLL - Submission to Ext.Collection Agency/Legal Dunning Procedure

• Message number: 066

• Message text: No standard company code defined in contract account &1

What causes this issue?

A standard company code has not been defined for contract account
<ZK>&V1&</> that was determined using the collection agency business
partner <ZK>&V2&</> from table <ZK>TFK050B</> or <ZK>FKKVKP</>.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

In transaction CAA2, maintain a standard company code for contract
account <ZK>&V1&</>.

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 FKKCOLL066 - No standard company code defined in contract account &1 ?

  The SAP error message FKKCOLL066 indicates that there is no standard company code defined for the specified contract account. This error typically arises in the context of contract accounts in the SAP Convergent Charging or Contract Accounts Receivable and Payable (FI-CA) module.
  Cause:
  The error occurs when:
  
  A contract account is being processed (for example, during a billing or payment run) but does not have a standard company code assigned.
  The configuration for the contract account is incomplete or incorrect.
  The contract account may not be properly linked to a company code in the system.
  
  Solution:
  To resolve this error, you can follow these steps:
  
  
  Check Contract Account Configuration:
  
  Go to the transaction code OBY6 (or use the path: SPRO > Financial Accounting > Accounts Receivable and Payable > Contract Accounts Receivable and Payable > Master Data > Define Contract Account).
  Verify that the contract account in question has a standard company code assigned.
  
  
  
  Assign Company Code:
  
  If the company code is missing, you need to assign a standard company code to the contract account. This can usually be done in the contract account master data.
  Use transaction code FKKMA to access the contract account master data and check the company code settings.
  
  
  
  Review Configuration Settings:
  
  Ensure that the configuration settings for the contract accounts are correctly set up in the system. This includes checking the settings for the company code and ensuring that it is active and properly configured.
  
  
  
  Check for Data Consistency:
  
  Run consistency checks to ensure that there are no other underlying issues with the contract account or related master data.
  
  
  
  Consult Documentation:
  
  If you are unsure about the configuration or the steps to take, refer to the SAP documentation or consult with your SAP support team for guidance.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  OBY6: Define Company Code
  FKKMA: Contract Account Master Data
  S_ALR_87012179: Report for Contract Account Analysis
  
  
  
  SAP Notes and Documentation:
  
  Check SAP Notes for any known issues or patches related to this error message.
  Review the SAP Help Portal for detailed information on contract accounts and their configuration.
  
  
  
  By following these steps, you should be able to resolve the error message FKKCOLL066 and ensure that the contract account is properly configured with a standard company code.