How To Fix KM088 - No valid company codes exist

KM088 - Overview

• Message type: E = Error

• Message class: KM - Error messages for Profit Center Accounting

• Message number: 088

• Message text: No valid company codes exist

What causes this issue?

There is no company code for which both the profit center and joint
venture are active.

How to fix this error?

RESET N1
Check whether the profit center has been assigned to the desired
company code. To do so, choose "Company code" from the maintenance
screen for the profit center master data.
Check whether joint venture was activated for the company code in
Customizing.

Error message extract from SAP system. Copyright SAP SE.

KM088 - Details

• The SAP error message KM088 ("No valid company codes exist") typically occurs when a user attempts to perform a transaction that requires a valid company code, but the system cannot find any company codes that meet the criteria for the operation. This can happen in various modules, such as Financial Accounting (FI) or Controlling (CO).
  Causes of KM088 Error
  
  
  No Company Codes Defined: The most straightforward cause is that no company codes have been defined in the system.
  
  
  Company Code Not Active: The company code may exist but is not active or has been marked for deletion.
  
  
  User Authorization Issues: The user may not have the necessary authorizations to access the company codes that do exist.
  
  
  
  Configuration Issues: There may be configuration issues in the system that prevent the company codes from being recognized.
  
  
  Incorrect Company Code Assignment: The transaction being performed may not be correctly linked to the existing company codes.
  
  
  Solutions to KM088 Error
  
  
  Check Company