How To Fix FTR_ASSIGNMENT058 - Specify company code of the facility

SAP Error Message - Details

• Message type: E = Error

• Message class: FTR_ASSIGNMENT - FTR Assignment Management

• Message number: 058

• Message text: Specify company code of the facility

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 FTR_ASSIGNMENT058 - Specify company code of the facility ?

  The SAP error message FTR_ASSIGNMENT058 indicates that a company code must be specified for a facility in the context of financial transactions, particularly in the area of asset management or treasury management. This error typically arises when you are trying to assign a facility (like a loan or credit line) to a company code, but the system does not have the necessary information to complete the assignment.
  Cause:
  
  Missing Company Code: The facility you are trying to assign does not have an associated company code defined in the system.
  Configuration Issues: The configuration settings for the facility or the company code may not be properly set up in the system.
  Data Entry Error: There may be a mistake in the data entry process where the company code was not specified or was incorrectly entered.
  
  Solution:
  
  
  Check Facility Configuration:
  
  Navigate to the facility configuration in SAP and ensure that a valid company code is assigned to the facility.
  You can do this by going to the relevant transaction code (like FTR_EDIT or FTR_CREATE) and checking the details of the facility.
  
  
  
  Assign Company Code:
  
  If the company code is missing, you will need to assign it. This can typically be done in the facility master data.
  Ensure that the company code you are trying to assign is active and valid in the system.
  
  
  
  Review Data Entry:
  
  Double-check the data entry for any typos or omissions. Ensure that all required fields are filled out correctly.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help files for specific instructions on how to manage facilities and company codes.
  
  
  
  Contact Support:
  
  If you are unable to resolve the issue, consider reaching out to your SAP support team or consulting with an SAP expert who can provide further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as FTR_CREATE, FTR_EDIT, or FTR_LIST for managing financial transactions related to facilities.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  User Roles and Authorizations: Ensure that you have the necessary permissions to make changes to facility assignments and company codes.
  
  By following these steps, you should be able to resolve the error message FTR_ASSIGNMENT058 and successfully assign a company code to the facility in SAP.