How To Fix PFM_PAP_MESSAGES071 - Company code & does not exist in Fiscal Year &

SAP Error Message - Details

• Message type: E = Error

• Message class: PFM_PAP_MESSAGES - PAP Message Class

• Message number: 071

• Message text: Company code & does not exist in Fiscal Year &

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message PFM_PAP_MESSAGES071 - Company code & does not exist in Fiscal Year & ?

  The SAP error message PFM_PAP_MESSAGES071 indicates that the specified company code does not exist in the specified fiscal year. This error typically arises in the context of financial postings or planning activities where the system is trying to access data for a company code that has not been set up for the given fiscal year.
  Cause:
  
  Company Code Not Defined: The company code you are trying to use is not defined in the system for the specified fiscal year.
  Fiscal Year Variant Issues: The fiscal year variant assigned to the company code may not include the specified fiscal year.
  Data Migration Issues: If data has been migrated from another system, there may be inconsistencies or missing configurations.
  Configuration Errors: There may be errors in the configuration of the company code or fiscal year settings.
  
  Solution:
  
  
  Check Company Code Configuration:
  
  Go to the transaction code OBY6 (or use the path: SPRO > Financial Accounting > General Settings > Company Code > Define Company Code).
  Verify that the company code exists and is correctly configured.
  
  
  
  Verify Fiscal Year Variant:
  
  Check the fiscal year variant assigned to the company code using transaction code OB29.
  Ensure that the fiscal year variant includes the fiscal year you are trying to access.
  
  
  
  Check for Data Consistency:
  
  If you have recently migrated data, ensure that all necessary configurations and data entries have been completed for the company code and fiscal year.
  
  
  
  Review Posting Periods:
  
  Use transaction code OB52 to check if the posting periods are open for the specified fiscal year and company code.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or consult with your SAP support team for any specific configurations related to your implementation.
  
  
  
  Testing:
  
  After making any changes, perform a test transaction to ensure that the error no longer occurs.
  
  
  
  Related Information:
  
  Transaction Codes:
  
  OBY6: Define Company Code
  OB29: Define Fiscal Year Variant
  OB52: Open and Close Posting Periods
  
  
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  User Roles: Ensure that the user has the necessary authorizations to access the company code and fiscal year in question.
  
  If the issue persists after following these steps, it may be beneficial to engage with your SAP support team or consult SAP community forums for further assistance.