How To Fix FM421 - Company code & is not dunning company code

SAP Error Message - Details

• Message type: E = Error

• Message class: FM - Dunning Notices

• Message number: 421

• Message text: Company code & is not dunning company code

What causes this issue?

For cross-company code dunning, the system requires the leading company
code, in this case &V2&, for individual dunning notices. The current
company code &V1& is not the dunning company code.

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?

For selection, use the dunning company code &V2& or do not run
cross-company code dunning.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FM421 - Company code & is not dunning company code ?

  The SAP error message FM421 indicates that the specified company code is not set up as a dunning company code in the system. This error typically arises when you attempt to perform dunning activities for a company code that has not been configured to handle dunning processes.
  Cause:
  
  Configuration Issue: The company code you are trying to use for dunning has not been defined as a dunning company code in the system.
  Incorrect Company Code: The company code entered may be incorrect or may not exist in the system.
  Dunning Configuration Not Completed: The necessary dunning configuration steps have not been completed for the company code.
  
  Solution:
  To resolve the FM421 error, you need to ensure that the company code is properly configured for dunning. Here are the steps to do this:
  
  
  Check Company Code Configuration:
  
  Go to the SAP Easy Access screen.
  Navigate to SPRO (Customizing) ? Financial Accounting ? Accounts Receivable and Accounts Payable ? Dunning ? Dunning Configuration.
  Select Define Dunning Areas and ensure that the company code in question is listed as a dunning area.
  
  
  
  Define Dunning Company Code:
  
  If the company code is not defined, you will need to create a new entry for it.
  Ensure that the dunning procedure is assigned to the company code.
  
  
  
  Check Dunning Procedure:
  
  Ensure that the dunning procedure assigned to the company code is correctly set up and active.
  You can check this under Dunning Procedures in the same configuration path.
  
  
  
  Test Dunning Run:
  
  After making the necessary changes, perform a test dunning run to ensure that the error does not occur again.
  
  
  
  Authorization Check:
  
  Ensure that you have the necessary authorizations to perform dunning activities for the specified company code.
  
  
  
  Related Information:
  
  Dunning Process: Dunning is a process used to remind customers of overdue payments. It involves sending out dunning letters or notifications based on the payment terms and overdue amounts.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as:
  
  F150: Dunning Run
  F151: Display Dunning Proposal
  F152: Change Dunning Proposal
  
  
  Documentation: Refer to SAP Help documentation for detailed steps on configuring dunning processes and troubleshooting common issues.
  
  By following these steps, you should be able to resolve the FM421 error and successfully perform dunning activities for the specified company code.