Message type: E = Error
Message class:  FI - TR-FM Funds Management 
Message number: 704
Message text: Error in saving master data
An error occurred as the data record was being saved in the database.
The system issues an error message and will not allow you to continue with this transaction until the error is resolved.
Notify your system administrator.
Error message extract from SAP system. Copyright SAP SE.
The SAP error message FI704, which indicates "Error in saving master data," typically occurs when there are issues related to the financial master data in the SAP system. This error can arise in various contexts, such as when creating or updating vendor, customer, or general ledger master records. Causes of FI704 Error Data Validation Issues: The data being entered may not meet the required validation rules. This could include missing mandatory fields, incorrect data formats, or invalid entries. Authorization Problems: The user may not have the necessary authorizations to create or modify the master data.
Configuration Issues: There may be configuration problems in the financial module that prevent the saving of master data. System Errors: Temporary system issues or inconsistencies in the database can also lead to this error. Custom Code or Enhancements: If there are custom programs or enhancements in place, they might interfere with the standard saving process. Lock Entries: If the master data is
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