How To Fix RDSV_FI_XX030 - Company code &1 is not foreign and therefore does not need to be recorded

SAP Error Message - Details

• Message type: E = Error

• Message class: RDSV_FI_XX - Regulatory Document and Signature Validation in FI

• Message number: 030

• Message text: Company code &1 is not foreign and therefore does not need to be recorded

What causes this issue?

You only need to record foreign company codes that differ from the
country-code associated with this Customizing activity according to
ISO3166.

System Response

The system prevents an invalid Customizing entry.

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.

Procedure for System Administrators

Enter a company code that differs from the country code associated with
this Customizing activity.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message RDSV_FI_XX030 - Company code &1 is not foreign and therefore does not need to be recorded ?

  The SAP error message RDSV_FI_XX030 indicates that the company code specified in the transaction is not classified as a foreign company code, and therefore, it does not require certain financial data to be recorded. This error typically arises in the context of financial reporting or data entry processes where foreign company codes are expected.
  Cause:
  
  Company Code Configuration: The company code in question is configured as a domestic company code in the SAP system. This means it does not meet the criteria for foreign company codes, which may require additional reporting or data entry.
  Transaction Context: The transaction you are trying to execute may be specifically designed for foreign company codes, and using a domestic company code leads to this error.
  Data Entry Error: There may be an error in the data entry where the wrong company code is being used.
  
  Solution:
  
  
  Check Company Code Settings: Verify the configuration of the company code in the SAP system. Ensure that it is set up correctly as a domestic or foreign company code based on your business requirements.
  
  Navigate to the configuration settings for company codes in the SAP system (Transaction Code: OX02).
  Check the settings related to foreign currency and foreign company code requirements.
  
  
  
  Use the Correct Company Code: If the transaction requires a foreign company code, ensure that you are using the correct company code that is classified as foreign. You may need to consult with your finance or accounting team to identify the appropriate company code.
  
  
  Review Transaction Requirements: Understand the requirements of the transaction you are trying to execute. If it is meant for foreign company codes, consider whether you need to adjust your approach or use a different transaction.
  
  
  Consult Documentation: Review SAP documentation or help resources related to the specific transaction or module you are working with. This may provide insights into the requirements for company codes and any necessary configurations.
  
  
  Contact SAP Support: If you are unable to resolve the issue through the above steps, consider reaching out to SAP support or your internal SAP support team for further assistance.
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes that may be involved in financial reporting or data entry for company codes (e.g., FB01 for document entry, FBL1N for vendor line items).
  SAP Notes: Check for any SAP Notes related to this error message, as they may provide additional context or solutions.
  User Roles and Authorizations: Ensure that you have the necessary roles and authorizations to perform the transaction you are attempting.
  
  By following these steps, you should be able to identify the cause of the error and implement a suitable solution.