How To Fix FMPEB008 - First maintain the basic settings for company code &1

FMPEB008 - Overview

• Message type: E = Error

• Message class: FMPEB - Partially Exempt Organizations

• Message number: 008

• Message text: First maintain the basic settings for company code &1

What causes this issue?

You are trying to assign partly exempt organizations to a company code.
However, this company code isnot defined in the basic setings for partly
exempt organizations.

System Response

The assignment is not possible.

How to fix this error?

First maintain the basic settings for partly exempt organizations.

Procedure for System Administrators

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

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FMPEB008 - First maintain the basic settings for company code &1 ?

  The SAP error message FMPEB008 indicates that the basic settings for a company code have not been maintained in the system. This error typically arises when you attempt to perform a function related to Funds Management (FM) without having completed the necessary configuration for the specified company code.
  
  Cause:
  The error occurs because the system requires certain basic settings to be configured for the company code before you can proceed with specific transactions or functions in the Funds Management module. These settings may include:
  
  Defining the Company Code: The company code must be defined in the system.
  Assigning the Company Code to a Controlling Area: The company code should be linked to a controlling area.
  Setting Up Basic FM Settings: This includes defining the FM area, budget types, and other related parameters.
  
  
  Solution:
  To resolve the FMPEB008 error, follow these steps:
  
  
  Access the Configuration Settings:
  
  Go to the SAP Easy Access screen and navigate to the following path:SPRO ->