How To Fix FX005 - Company code & is not a receiver

FX005 - Overview

• Message type: E = Error

• Message class: FX - Distributed FI Application Messages

• Message number: 005

• Message text: Company code & is not a receiver

What causes this issue?

The company code &V1& you specified is not defined as a receiving
company code.

System Response

The line was not stored.

How to fix this error?

Choose another company code.
Procedure for the System Administrator
If you want to address the company code &V1& as a receiving company
code for external documents, you must set the corresponding identifier
in company code maintenance (global parameters):
<DS:TRAN.OBY6>Proceed</>

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FX005 - Company code & is not a receiver ?

  The SAP error message FX005 ("Company code & is not a receiver") typically occurs in the context of financial transactions, particularly when dealing with foreign exchange (FX) transactions or when trying to post a document that involves multiple company codes. This error indicates that the specified company code is not set up to receive the transaction or is not configured correctly in the system.
  Causes:
  
  Incorrect Company Code Configuration: The company code may not be set up to handle the specific type of transaction you are trying to post.
  Missing Assignment: The company code may not be assigned as a receiver in the relevant configuration settings for the transaction type.
  Transaction Type Issues: The transaction type being used may not be compatible with the specified company code.
  Cross-Company Code Transactions: If you are trying to post a cross-company code transaction, the receiving company code may not be properly configured to accept transactions from the sending