How To Fix PG298 - No FM area is assigned to company code &1

SAP Error Message - Details

• Message type: E = Error

• Message class: PG - Error Messages for Master Data Programs

• Message number: 298

• Message text: No FM area is assigned to company code &1

What causes this issue?

This personnel area belongs to company code &V1&, but no FM area is
assigned to it.

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?

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 PG298 - No FM area is assigned to company code &1 ?

  The SAP error message PG298 "No FM area is assigned to company code &1" typically occurs in the context of Funds Management (FM) in SAP. This error indicates that there is no Funds Management area assigned to the specified company code, which is necessary for processing financial transactions related to funds management.
  Cause:
  The primary cause of this error is that the system cannot find a valid assignment of a Funds Management area to the specified company code. This can happen due to:
  
  Missing Configuration: The Funds Management area has not been assigned to the company code in the system configuration.
  Incorrect Company Code: The company code specified in the transaction may not be set up correctly or may not exist in the system.
  Transport Issues: If the configuration was recently transported from another system, the assignment may not have been included in the transport.
  
  Solution:
  To resolve this error, you need to ensure that a Funds Management area is correctly assigned to the company code. Here are the steps to do this:
  
  
  Access the Configuration:
  
  Go to the SAP Easy Access screen.
  Navigate to the following path: SPRO -> SAP Reference IMG -> Public Sector Management -> Funds Management -> Master Data -> Assign FM Area to Company Code.
  
  
  
  Check Assignments:
  
  In the configuration screen, check if the FM area is assigned to the relevant company code.
  If it is not assigned, you will need to create a new assignment.
  
  
  
  Create Assignment:
  
  If necessary, create a new assignment by selecting the company code and the corresponding FM area.
  Save your changes.
  
  
  
  Verify Other Settings:
  
  Ensure that other related settings in Funds Management are correctly configured, such as budget types and fund centers.
  
  
  
  Testing:
  
  After making the changes, test the transaction again to see if the error persists.
  
  
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes like OBY6 (for company code settings) and FMAVC (for budget control settings) to check related configurations.
  Documentation: Refer to SAP Help documentation for detailed guidance on Funds Management configuration.
  User Roles: Ensure that you have the necessary authorizations to make changes in the configuration settings.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP Basis or functional team for further investigation.