SAP Message RP707 - First assign a company code to the position &1

Diagnosis
The system is unable to determine a company code for position &V1&, asno company code has been assigned to a superior organizational unityet.

System Response
Therefore, the system does not know whether or not to display a columnfor entering funds center information.

Procedure
If the Funds Management component is not active in the area of positionV1, you do not have to change anything.
Otherwise, you must now assign a company code to a superiororganizational unit, and then maintain the Cost Distribution.