How To Fix PFM_PAP_MESSAGES027 - There is no configuration for company &1 fiscal year &2

SAP Error Message - Details

• Message type: E = Error

• Message class: PFM_PAP_MESSAGES - PAP Message Class

• Message number: 027

• Message text: There is no configuration for company &1 fiscal year &2

What causes this issue?

The PFM company attributes are not defined.

System Response

The PFM company attributes are not defined in the customized table.
Without this configuration it is not possible to define the own revenue
service type.
Without this configuration the system assumes that all the company
documents are not relevant for own revenues.

How to fix this error?

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

<DS:SIMG.PFM_ORG_02>Define Company Attributes</>

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message PFM_PAP_MESSAGES027 - There is no configuration for company &1 fiscal year &2 ?

  The SAP error message PFM_PAP_MESSAGES027 indicates that there is no configuration for the specified company code and fiscal year in the system. This error typically arises in the context of financial or controlling modules when trying to perform operations that require specific fiscal year settings.
  Cause:
  
  Missing Configuration: The primary cause of this error is that the necessary configuration for the specified company code and fiscal year has not been set up in the system.
  Incorrect Company Code or Fiscal Year: The company code or fiscal year being referenced may be incorrect or not exist in the system.
  Data Migration Issues: If data has been migrated from another system, there may be missing configurations that were not transferred correctly.
  System Upgrade or Changes: Changes in system settings or upgrades may have led to the loss of certain configurations.
  
  Solution:
  
  
  Check Configuration:
  
  Navigate to the configuration settings for the relevant module (e.g., Financial Accounting or Controlling).
  Ensure that the fiscal year variant is correctly assigned to the company code.
  Verify that the fiscal year in question is defined and configured properly.
  
  
  
  Create or Adjust Configuration:
  
  If the fiscal year is not configured, you may need to create a new fiscal year configuration for the company code.
  Use transaction codes like OB29 (for fiscal year variant) and OBY6 (for company code settings) to check and adjust the settings.
  
  
  
  Validate Company Code and Fiscal Year:
  
  Double-check the company code and fiscal year being used in the transaction that triggered the error. Ensure they are valid and correctly entered.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources for specific guidance on configuring fiscal years and company codes.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking configurations, consider reaching out to SAP support for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OB29, OBY6, and OB52 (for opening and closing periods).
  Fiscal Year Variants: Understand how fiscal year variants work in SAP and how they are linked to company codes.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional troubleshooting steps.
  User Roles and Authorizations: Ensure that the user has the necessary authorizations to view and modify the configuration settings.
  
  By following these steps, you should be able to resolve the error message PFM_PAP_MESSAGES027 and ensure that the necessary configurations are in place for your company code and fiscal year.