How To Fix IS507 - No company code is assigned to the valuation area &

SAP Error Message - Details

• Message type: E = Error

• Message class: IS - Equipment management

• Message number: 507

• Message text: No company code is assigned to the valuation area &

What causes this issue?

No company code that is assigned to the specified valuation area could
be found.

System Response

INCLUDE 'KEINE-VERARBEITUNG' OBJECT DOKU ID TX LANGUAGE E

How to fix this error?

Make sure that the valuation area was specified correctly.
If it is correct, the missing data must be maintained in Customizing.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message IS507 - No company code is assigned to the valuation area & ?

  The SAP error message IS507 ("No company code is assigned to the valuation area") typically occurs in the context of Material Management (MM) or Financial Accounting (FI) when there is a mismatch or missing configuration related to the valuation area and company code in the system.
  Cause:
  
  Missing Configuration: The valuation area (which can be a plant or a storage location) is not assigned to a company code in the system.
  Incorrect Settings: The settings in the configuration may not have been properly set up, leading to the system not recognizing the relationship between the valuation area and the company code.
  Data Entry Error: There may be a data entry error where the valuation area is incorrectly defined or not linked to the appropriate company code.
  
  Solution:
  To resolve the IS507 error, follow these steps:
  
  
  Check Valuation Area Configuration:
  
  Go to the SAP Easy Access screen.
  Navigate to Logistics > Materials Management > Valuation > Valuation Area > Define Valuation Area.
  Ensure that the valuation area (plant or storage location) is correctly defined and assigned to the appropriate company code.
  
  
  
  Assign Company Code to Valuation Area:
  
  Navigate to Logistics > Materials Management > Valuation > Valuation Area > Assign Company Code to Valuation Area.
  Here, you can assign the valuation area to the relevant company code. Make sure that the valuation area you are working with is linked to the correct company code.
  
  
  
  Check Material Master Data:
  
  Go to the material master record (transaction code MM03).
  Check the views related to the valuation area and ensure that the company code is correctly assigned.
  
  
  
  Review Configuration Settings:
  
  If you have access, review the configuration settings in the SPRO transaction (SAP Project Reference Object) to ensure that all necessary settings are in place.
  
  
  
  Consult Documentation: If you are unsure about the configuration steps, refer to SAP documentation or consult with your SAP Basis or MM consultant for guidance.
  
  
  Related Information:
  
  Transaction Codes: 
  
  MM03 (Display Material)
  SPRO (SAP Project Reference Object)
  
  
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to this error.
  User Roles: Ensure that you have the necessary authorizations to make changes to the configuration settings.
  
  By following these steps, you should be able to resolve the IS507 error and ensure that the valuation area is properly linked to the company code in your SAP system.