How To Fix KF118 - Company code & is not assigned to operating concern

KF118 - Overview

• Message type: E = Error

• Message class: KF -

• Message number: 118

• Message text: Company code & is not assigned to operating concern

What causes this issue?

The following assignment does not exist:
Company code &V1& -> Controlling area -> Operating concern &V2&

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?

Enter a suitable company code. You maintain the assignment in CO-PA
Customizing under
"Organization -> Assignment -> Controlling".

Error message extract from SAP system. Copyright SAP SE.

KF118 - Details

• The SAP error message KF118, which states "Company code & is not assigned to operating concern," typically occurs in the context of Profitability Analysis (CO-PA) when you are trying to execute a report or transaction that requires a specific company code to be linked to an operating concern.
  
  Cause:
  The error arises when:
  
  The company code you are working with is not assigned to any operating concern in the system.
  The operating concern is not properly configured or does not include the company code in its settings.
  
  
  Solution:
  To resolve this error, you need to ensure that the company code is correctly assigned to the relevant operating concern. Here are the steps to do this:
  
  
  Check Company Code Assignment:
  
  Go to the SAP Easy Access screen.
  Navigate to Controlling (CO) > Profitability Analysis > Master Data > Operating Concern > Assign Company Code to Operating Concern.
  Verify if the company code in question is listed under the appropriate operating concern.
  
  
  
  Assign