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

SAP Error Message - Details

• 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 company code.
  
  Solutions:
  
  
  Check Company Code Configuration:
  
  Go to the configuration settings in SAP (Transaction Code: SPRO).
  Navigate to the relevant section for financial accounting and ensure that the company code is properly configured to handle the transaction type.
  
  
  
  Verify Assignment:
  
  Ensure that the company code is assigned as a receiver in the relevant settings. This may involve checking the settings for foreign currency valuation or intercompany transactions.
  
  
  
  Review Transaction Type:
  
  Check the transaction type being used and ensure it is compatible with the company code. You may need to adjust the transaction type or use a different one that is supported.
  
  
  
  Cross-Company Code Settings:
  
  If the transaction involves multiple company codes, ensure that the necessary settings for cross-company code transactions are in place. This may include checking the intercompany settings and ensuring that both company codes are properly linked.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources for specific guidance on the error message and the configuration settings related to your version of SAP.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the above points, consider reaching out to SAP support for further assistance. They may provide insights specific to your system configuration.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as FB50 (General Ledger), F-02 (Post Document), and others that may be involved in the transaction.
  SAP Notes: Check for any SAP Notes related to the FX005 error message, as they may provide additional context or solutions.
  User Roles and Authorizations: Ensure that the user attempting the transaction has the necessary authorizations to post transactions for the specified company code.
  
  By following these steps, you should be able to identify the cause of the FX005 error and implement the appropriate solution.