How To Fix FQM_CORE052 - No companies defined

SAP Error Message - Details

• Message type: E = Error

• Message class: FQM_CORE - Financial Quantity Management: Core Messages

• Message number: 052

• Message text: No companies defined

DEFINE &IMG_ACTIVITY& = SIMG_CFMENUSAPCOX02
DEFINE &IMG_ACT_TEXT& = 'Define, Copy, Delete, Check Company Code'
INCLUDE FQMC_CUST_MESSAGE OBJECT DOKU ID TX

Error message extract from SAP system. Copyright SAP SE.

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• What is the cause and solution for SAP error message FQM_CORE052 - No companies defined ?

  The SAP error message FQM_CORE052: No companies defined typically occurs in the context of financial management or when working with the SAP Financial Accounting (FI) module. This error indicates that the system cannot find any company codes defined in the configuration, which is essential for processing financial transactions.
  Cause:
  
  No Company Codes Defined: The most common cause is that there are no company codes set up in the system. Company codes are essential for financial reporting and transactions.
  Authorization Issues: The user may not have the necessary authorizations to view or access the defined company codes.
  Configuration Issues: There may be issues in the configuration settings, such as missing or incorrect entries in the relevant tables.
  Client-Specific Settings: The error may arise if the company codes are not defined in the specific client you are working in.
  
  Solution:
  
  
  Define Company Codes:
  
  Go to the SAP Easy Access screen.
  Navigate to SPRO (SAP Project Reference Object) > Financial Accounting > General Settings > Define Company Code.
  Create a new company code if none exists or check the existing ones to ensure they are correctly configured.
  
  
  
  Check Authorizations:
  
  Ensure that the user has the necessary authorizations to access the company codes. This can be checked in the user roles and profiles assigned to the user.
  
  
  
  Verify Configuration:
  
  Check the configuration settings in the relevant modules to ensure that the company codes are correctly linked to the necessary financial processes.
  
  
  
  Client-Specific Check:
  
  Make sure you are in the correct client where the company codes are defined. You can check this by looking at the client number in the SAP GUI.
  
  
  
  Transport Requests:
  
  If the company codes were recently created or modified, ensure that the changes have been transported correctly to the client you are working in.
  
  
  
  Related Information:
  
  Transaction Codes: You can use transaction codes like OBY6 to define company codes or OBY1 to check existing company codes.
  Documentation: Refer to SAP Help documentation for detailed steps on configuring company codes and understanding the financial accounting setup.
  Support: If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting SAP Notes for any known issues related to this error.
  
  By following these steps, you should be able to resolve the FQM_CORE052 error and ensure that your SAP system is properly configured for financial transactions.