How To Fix H1461 - No company code found for &1 &2 on &3

SAP Error Message - Details

• Message type: E = Error

• Message class: H1 - Messages Used in HR Funds and Position Management

• Message number: 461

• Message text: No company code found for &1 &2 on &3

What causes this issue?

The system was unable to determine a company code for position/person
&v2& on the key date &v3&. Before you finance a position or person, and
create funds precommitments and commitments for this position or
person, you must specify a company code for the position or person.

System Response

Financing procedure was terminated.

How to fix this error?

Define the company code for the person in HR Master Data, or define the
company code for the position in organizational structure maintenance.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message H1461 - No company code found for &1 &2 on &3 ?

  The SAP error message H1461 "No company code found for &1 &2 on &3" typically indicates that the system is unable to find a valid company code for the specified parameters. The placeholders (&1, &2, &3) usually represent specific values related to the transaction or data being processed, such as the document type, fiscal year, or other relevant identifiers.
  Cause:
  
  Missing Company Code: The company code specified in the transaction does not exist in the system.
  Incorrect Configuration: The company code may not be properly configured in the system, or it may not be assigned to the relevant organizational units.
  Data Entry Error: There may be a typo or incorrect entry in the fields where the company code is specified.
  Inactive Company Code: The company code might be inactive or not available for the specified period.
  Authorization Issues: The user may not have the necessary authorizations to access the specified company code.
  
  Solution:
  
  
  Check Company Code Configuration:
  
  Go to the transaction code OBY6 (or SPRO -> Financial Accounting -> General Settings -> Company Code -> Define Company Code) to verify if the company code exists and is properly configured.
  
  
  
  Verify Data Entry:
  
  Double-check the entries in the transaction to ensure that the company code and other related fields are entered correctly.
  
  
  
  Check Company Code Status:
  
  Ensure that the company code is active and available for the fiscal year or period you are trying to process.
  
  
  
  Review Authorizations:
  
  Check if the user has the necessary authorizations to access the company code. This can be done by reviewing the user's roles and authorizations in transaction SU01.
  
  
  
  Consult with SAP Support:
  
  If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting SAP Notes for any known issues related to this error.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OBY6, SPRO, SU01, and others that may help in troubleshooting.
  SAP Notes: Search for SAP Notes related to error H1461 for any specific patches or updates that may address the issue.
  Documentation: Review SAP documentation for financial accounting and company code configuration to ensure compliance with best practices.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution.