How To Fix M3150 - The company code & does not exist or has not been fully maintained

M3150 - Overview

• Message type: E = Error

• Message class: M3 - Material Master

• Message number: 150

• Message text: The company code & does not exist or has not been fully maintained

What causes this issue?

You have entered either the company code &V1& or a plant assigned to
this company code. However, the company code either does not exist or
has not yet been configured for materials management.

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?

Ask your system administrator to configure the company code.

Procedure for System Administrators

Carry out the following activities as required:
Create the company code if it does not already exist.
You do this in Customizing for <LS>Enterprise Structure</> in the
activity <DS:SIMG.SIMG_CFMENUSAPCOX02>Define, copy, delete, check
company code</>.
Make sure that a fiscal year variant is assigned to the company code.
You do this in Customizing for <LS>Financial Accounting (Global
Settings)</> in the activity <DS:SIMG.SIMG_CFMENUORFBOBY6>Enter global
parameters</>.
Configure the company code for materials management.
You do this in Customizing for the <LS>Material Master</> in the
activity <DS:SIMG.SIMG_CFMENUOLMSOMSY>Maintain company codes for
materials management</>.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message M3150 - The company code & does not exist or has not been fully maintained ?

  The SAP error message M3150 indicates that the specified company code does not exist in the system or has not been fully maintained. This error typically arises in the context of materials management or financial transactions where a company code is required for processing.
  
  Cause:
  
  Non-Existent Company Code: The company code you are trying to use has not been created in the SAP system.
  Incomplete Configuration: The company code exists but has not been fully configured. This could mean that certain required settings or data have not been maintained.
  Authorization Issues: The user may not have the necessary authorizations to access the specified company code.
  Data Entry Error: There may be a typographical error in the company code entered in the transaction.
  
  
  Solution:
  
  
  Check Company Code Existence:
  
  Go to transaction code OBY6 (or SPRO -> Financial Accounting -> General Settings -> Company Code -> Define Company Code) to verify if the company code exists.
  If it does not exist,