How To Fix FXM_CORE079 - Cost center &1 doesn't exist for company code &2.

SAP Error Message - Details

• Message type: E = Error

• Message class: FXM_CORE -

• Message number: 079

• Message text: Cost center &1 doesn't exist for company code &2.

Self-Explanatory Message

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• What is the cause and solution for SAP error message FXM_CORE079 - Cost center &1 doesn't exist for company code &2. ?

  The SAP error message FXM_CORE079 indicates that a specified cost center does not exist for the given company code. This error typically arises during financial transactions or postings where a cost center is required for allocation or reporting purposes.
  Cause:
  
  Non-Existent Cost Center: The cost center specified in the transaction does not exist in the system for the specified company code.
  Incorrect Company Code: The cost center may exist, but it is not assigned to the company code being used in the transaction.
  Data Entry Error: There may be a typographical error in the cost center or company code entered in the transaction.
  Cost Center Deactivation: The cost center might have been deactivated or deleted in the system.
  
  Solution:
  
  Verify Cost Center: Check if the cost center exists in the system for the specified company code. You can do this by navigating to the cost center master data in SAP (Transaction Code: KS03).
  Check Company Code Assignment: Ensure that the cost center is assigned to the correct company code. You can check this in the cost center master data.
  Correct Data Entry: Double-check the input values for any typographical errors. Ensure that the cost center and company code are entered correctly.
  Create or Reactivate Cost Center: If the cost center does not exist, you may need to create it (Transaction Code: KS01). If it has been deactivated, you may need to reactivate it.
  Consult with Finance Team: If you are unsure about the cost center or company code, consult with your finance or controlling team to ensure you are using the correct values.
  
  Related Information:
  
  Transaction Codes:
  
  KS01: Create Cost Center
  KS02: Change Cost Center
  KS03: Display Cost Center
  
  
  Master Data: Cost centers are part of the controlling (CO) module in SAP and are used for internal cost allocation and reporting.
  Authorization: Ensure that you have the necessary authorizations to view or modify cost center data.
  Documentation: Refer to SAP documentation or your organization's internal guidelines for managing cost centers and company codes.
  
  By following these steps, you should be able to resolve the FXM_CORE079 error and ensure that the cost center is correctly set up for the specified company code.