How To Fix FT342 - Company code & is already defined

SAP Error Message - Details

• Message type: E = Error

• Message class: FT - FI Table Maintenance Error Messages

• Message number: 342

• Message text: Company code & is already defined

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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FT342 - Company code & is already defined ?

  The SAP error message FT342 indicates that the company code you are trying to define or create is already in use or has already been defined in the system. This error typically occurs when you attempt to create a new company code with a code that already exists in the SAP system.
  Cause:
  
  Duplicate Company Code: The most common cause is that the company code you are trying to create already exists in the system.
  Incorrect Entry: You may have entered the company code incorrectly, leading to confusion with existing codes.
  Data Migration: If you are migrating data from another system, there may be conflicts with existing company codes.
  
  Solution:
  
  
  Check Existing Company Codes:
  
  Go to the transaction code OBY6 (or SPRO -> Financial Accounting -> General Settings -> Company Code -> Define Company Code) to view the list of existing company codes.
  Verify if the company code you are trying to create is already listed.
  
  
  
  Use a Different Company Code:
  
  If the company code already exists, you will need to choose a different code that is not currently in use.
  
  
  
  Correct Entry:
  
  Double-check the entry you made to ensure there are no typographical errors.
  
  
  
  Data Migration Review:
  
  If you are migrating data, ensure that the migration process does not attempt to create duplicate company codes.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or consult with your SAP administrator for further guidance on managing company codes.
  
  
  
  Related Information:
  
  
  Transaction Codes: 
  
  OBY6: Define Company Code
  SPRO: Access the SAP Reference IMG for configuration settings.
  
  
  
  SAP Notes: Check SAP Notes for any specific issues or updates related to company code management.
  
  
  User Permissions: Ensure that you have the necessary permissions to create or modify company codes in the system.
  
  
  System Configuration: If you are unsure about the company code structure or naming conventions, consult with your SAP functional consultant or system administrator.
  
  
  By following these steps, you should be able to resolve the FT342 error and successfully manage your company codes in SAP.