How To Fix HK001 - No CO area assigned to company code & was found

SAP Error Message - Details

• Message type: E = Error

• Message class: HK - Error Messages for Determining the Origin (JV)

• Message number: 001

• Message text: No CO area assigned to company code & was found

What causes this issue?

There is no valid controlling area for company code &v1&.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Inform your system administrator.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message HK001 - No CO area assigned to company code & was found ?

  The SAP error message HK001, which states "No CO area assigned to company code & was found," typically occurs when there is a missing configuration in the system regarding the assignment of a controlling area (CO area) to a company code. This error is often encountered during financial transactions or when trying to access controlling-related functionalities.
  Cause:
  
  Missing Assignment: The primary cause of this error is that the company code you are trying to use does not have a controlling area assigned to it in the system.
  Incorrect Configuration: There may be an issue with the configuration settings in the SAP system, where the company code is not properly linked to a controlling area.
  Data Entry Error: Sometimes, the error can arise from incorrect data entry or selection of the company code in the transaction.
  
  Solution:
  To resolve the HK001 error, follow these steps:
  
  
  Check Company Code Configuration:
  
  Go to the SAP transaction code OBY6 (or navigate through the menu: SPRO > Financial Accounting > General Settings > Company Code > Define Company Code).
  Verify that the company code in question is correctly defined.
  
  
  
  Assign Controlling Area:
  
  Use transaction code OKKP (or navigate through the menu: SPRO > Controlling > General Settings > Assign Company Code to Controlling Area).
  Check if the controlling area is assigned to the company code. If not, you will need to assign it.
  Ensure that the controlling area is compatible with the company code (e.g., currency, fiscal year variant).
  
  
  
  Check for Multiple Assignments:
  
  If the company code is already assigned to a controlling area, ensure that it is not assigned to multiple controlling areas, as this can lead to conflicts.
  
  
  
  Review User Authorizations:
  
  Ensure that the user has the necessary authorizations to access the controlling area and company code.
  
  
  
  Test the Configuration:
  
  After making the necessary changes, test the configuration by attempting the transaction again to see if the error persists.
  
  
  
  Related Information:
  
  Transaction Codes:
  
  OBY6: Define Company Code
  OKKP: Assign Company Code to Controlling Area
  
  
  SAP Notes: Check for any relevant SAP Notes that may provide additional insights or solutions related to this error.
  Documentation: Review SAP documentation for detailed information on controlling area and company code configurations.
  
  By following these steps, you should be able to resolve the HK001 error and ensure that your company code is properly linked to a controlling area in SAP.