How To Fix FML_PRICE_MANAGER012 - Error in Ledger configuration of Company Code &1

FML_PRICE_MANAGER012 - Overview

• Message type: E = Error

• Message class: FML_PRICE_MANAGER - Price Manager related Messages

• Message number: 012

• Message text: Error in Ledger configuration of 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 messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

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.

Unfortunately, there isn't any extra information in this error notice.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message FML_PRICE_MANAGER012 - Error in Ledger configuration of Company Code &1 ?

  The SAP error message FML_PRICE_MANAGER012 indicates that there is an issue with the ledger configuration for a specific company code in the Financial Management (FM) module. This error typically arises when the system cannot find the necessary configuration settings for the ledger that is being used in the context of the company code.
  
  Cause:
  
  Missing Ledger Configuration: The ledger for the specified company code may not be properly configured in the system.
  Incorrect Company Code Assignment: The company code may not be assigned to the correct ledger or may not be linked to the required financial management settings.
  Inconsistent Settings: There may be inconsistencies in the settings between the company code and the ledger, such as currency settings or fiscal year variants.
  Authorization Issues: The user may not have the necessary authorizations to access or modify the ledger configuration.
  
  
  Solution:
  
  
  Check Ledger Configuration:
  
  Go to the configuration settings in SAP (Transaction Code: SPRO).
  Navigate to Financial Management > Basic