Company code & is not assigned to an FM area

What causes this issue?

You have tried to activate Cash Budget Management or Funds Management
in your <DS:GLOS.company_code>company code &V1&</>. The master data for
the two components is created with reference to an <DS:GLOS.FM_area>FM
area</>.
When postings are made, the system must determine an FM area for
transfer of the data to Cash Budget Management or Funds Management. The
FM area is derived from the company code. For this reason, you must
assign company code &V1& to an FM area.

System Response

Activation not possible.

How to fix this error?

Make this assignment in the Enterprise Structure IMG, under
<LS>Assignment -> Financial Accounting -> Assign company code to FM
area</>. To make this assignment, you must already have created the FM
area.

Error message extract from SAP system. Copyright SAP SE.