How To Fix FSC1004 - Contract account &1 does not exist

FSC1004 - Overview

• Message type: E = Error

• Message class: FSC1 - FI-CA Extended: Message Class

• Message number: 004

• Message text: Contract account &1 does not exist

What causes this issue?

The contract account &v1& does not exist in the system.

System Response

Error message

How to fix this error?

If necessary, create the required contract account in the transaction
<DS:TRAN.CAA1>Create Contract Account</> in the system.

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 FSC1004 - Contract account &1 does not exist ?

  The SAP error message FSC1004, which states "Contract account &1 does not exist," typically occurs in the context of financial accounting or contract management within the SAP system. This error indicates that the system is unable to find a contract account that is referenced in a transaction or process.
  Causes:
  
  Incorrect Contract Account Number: The most common cause is that the contract account number entered does not exist in the system. This could be due to a typo or an incorrect reference.
  Data Deletion: The contract account may have been deleted or archived, making it unavailable for current transactions.
  Authorization Issues: The user may not have the necessary permissions to access the contract account, leading to the system not recognizing it.
  
  Configuration Issues: There may be configuration issues in the system that prevent the contract account from being recognized.
  Incorrect Company Code: The contract account may exist, but it is not associated with the company code