How To Fix KM088 - No valid company codes exist

SAP Error Message - Details

• 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.

Smart SAP Assistant

• What is the cause and solution for SAP error message KM088 - No valid company codes exist ?

  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 Code Configuration:
  
  Go to the transaction code OBY6 (or SPRO -> Financial Accounting -> Financial Accounting Global Settings -> Company Code -> Edit, Copy, Delete, Check Company Code) to verify if company codes are defined.
  Ensure that the company codes are active and not marked for deletion.
  
  
  
  Verify User Authorizations:
  
  Check the user roles and authorizations to ensure that the user has access to the relevant company codes. This can be done using transaction code SU53 to analyze authorization issues.
  
  
  
  Review Transaction Settings:
  
  Ensure that the transaction you are trying to perform is correctly configured to use the existing company codes. This may involve checking the settings in the relevant module (e.g., FI, CO).
  
  
  
  Check for Customizations:
  
  If there are any custom developments or enhancements in the system, ensure that they are not interfering with the standard functionality related to company codes.
  
  
  
  Consult with SAP Support:
  
  If the issue persists after checking the above points, consider reaching out to SAP support for further assistance. They may provide insights based on system logs or specific configurations.
  
  
  
  Related Information
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OBY6, SPRO, SU53, and others that may help in troubleshooting.
  Documentation: Review SAP documentation related to company code configuration and authorization management.
  Community Forums: Check SAP community forums or other user groups for similar issues and solutions shared by other users.
  
  By following these steps, you should be able to identify and resolve the KM088 error in your SAP system.