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

HK001 - Overview

• 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