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A dunn.notice for each dunn.area is not defined for comp.

code APPS
Message no. FC028

Diagnosis
You have specified a dunning area for company code APPS. If you want to create dunning notices for each dunning area for this company code, you must also specify this when configuring the dunning program.

Procedure
Select the "Dunning notices per dunning area" field for company code APPS when configuring the dunning program. You find this under the menu option Environment -> Company code data.

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