Exercise 3: Possible ‘Missing CO Object’ Error

When performing Task 4 (Enter Journal Entry Transactions into the General Ledger) and the use of transaction FB50 you many find that one or more General Ledger accounts require the entry of a Cost Center (CO) value. You get and error such as ‘Account xxxxxxx requires the assignment of a CO object’.

This is an additional financial control.

This short guide shows how to address this issue.