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

PG298 - Overview

• 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.

PG298 - Details

• 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