How To Fix FDC_POSTING_001020 - State central bank indicator & is not defined

SAP Error Message - Details

• Message type: E = Error

• Message class: FDC_POSTING_001 - FI Postings

• Message number: 020

• Message text: State central bank indicator & is not defined

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FDC_POSTING_001020 - State central bank indicator & is not defined ?

  The SAP error message FDC_POSTING_001020 with the description "State central bank indicator & is not defined" typically occurs in the context of financial transactions, particularly when dealing with postings related to central banks or financial institutions. This error indicates that the system is unable to find a valid central bank indicator for the specified entity or transaction.
  
  Cause:
  
  Missing Configuration: The central bank indicator may not be defined in the system. This can happen if the configuration for the central bank is incomplete or if the relevant entries have not been made in the system.
  Incorrect Data Entry: The transaction may be referencing an incorrect or non-existent central bank indicator.
  Master Data Issues: The master data for the financial institution or the relevant entity may not be set up correctly, leading to the absence of the required central bank indicator.
  
  
  Solution:
  
  
  Check Configuration:
  
  Navigate to the configuration settings for central banks in SAP. This is typically found