How To Fix G5355 - This company & does not have any funding group defined

G5355 - Overview

• Message type: E = Error

• Message class: G5 - IS-Oil /Joint Venture/ Material transfer pricing

• Message number: 355

• Message text: This company & does not have any funding group defined

Please define the funding group for the company &V1& as follow:
Go to Accounting -> Financial Accounting -> Joint Venture
Environment -> Configuration Menu
Master -> Banks... -> Funding Groups
OR
IMG -> Joint Venture Accounting -> Master Data -> Banks, ... -> Funding
Groups

Error message extract from SAP system. Copyright SAP SE.

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• What is the cause and solution for SAP error message G5355 - This company & does not have any funding group defined ?

  The SAP error message G5355 indicates that a company code does not have a funding group defined. This error typically arises in the context of Public Sector Management (PSM) or when dealing with budgetary control in SAP. Here’s a breakdown of the cause, potential solutions, and related information:
  
  Cause:
  
  Missing Configuration: The company code in question has not been assigned a funding group in the system. Funding groups are used to categorize and manage funding sources for budgetary purposes.
  Incorrect Settings: The settings for the company code may not have been properly configured during the initial setup or may have been altered.
  Data Entry Error: There may be a data entry error where the funding group was not specified when it should have been.
  
  
  Solution:
  
  
  Define Funding Group:
  
  Navigate to the configuration settings in SAP.
  Go to the transaction code SPRO (SAP Project Reference Object).
  Follow the path: Public Sector Management > Budget Control System > Define Funding Groups.
  Create