How To Fix FQ301 - Company code group invalid &

SAP Error Message - Details

• Message type: E = Error

• Message class: FQ - Payment Requests and Payment Program

• Message number: 301

• Message text: Company code group invalid &

What causes this issue?

The company code group is not valid.

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?

INCLUDE NA_PSM_CUSTOMIZ OBJECT DOKU ID TX

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FQ301 - Company code group invalid & ?

  The SAP error message FQ301, which states "Company code group invalid," typically occurs in the context of financial transactions or configurations related to the company code in SAP. This error indicates that the company code group you are trying to use is not valid or does not exist in the system.
  Causes:
  
  Incorrect Company Code Group: The company code group specified in the transaction or configuration does not exist or is misspelled.
  Inactive Company Code Group: The company code group may exist but is not active or has been deactivated.
  Configuration Issues: There may be issues in the configuration settings related to company codes or company code groups.
  Authorization Issues: The user may not have the necessary authorizations to access the specified company code group.
  
  Solutions:
  
  
  Check Company Code Group:
  
  Go to the relevant configuration or transaction where the error occurred.
  Verify that the company code group is correctly specified and exists in the system.
  
  
  
  Review Configuration:
  
  Navigate to the configuration settings in SAP (usually through SPRO).
  Check the settings under Financial Accounting (FI) > General Ledger Accounting > Master Data > G/L Accounts > Prepare for G/L Account Creation.
  Ensure that the company code group is properly defined and active.
  
  
  
  Activate Company Code Group:
  
  If the company code group is inactive, you may need to activate it in the configuration settings.
  
  
  
  User Authorizations:
  
  Check the user roles and authorizations to ensure that the user has the necessary permissions to access the company code group.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for additional guidance on the specific transaction or configuration you are working with.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the above points, consider reaching out to SAP support for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: You may encounter this error in various transaction codes related to financial postings, such as FB50 (G/L Account Document Entry) or F-02 (General Posting).
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional troubleshooting steps.
  Testing: After making changes, perform tests to ensure that the error no longer occurs and that the system behaves as expected.
  
  By following these steps, you should be able to identify the cause of the FQ301 error and implement a solution to resolve it.