How To Fix FIAAIT_IS001 - The value of parameter &1 (&2) has not been configured for &3, &4

FIAAIT_IS001 - Overview

• Message type: E = Error

• Message class: FIAAIT_IS - IT FI-AA IS

• Message number: 001

• Message text: The value of parameter &1 (&2) has not been configured for &3, &4

What causes this issue?

The value of mandatory parameter ID &V1& , name &V2& has not been
configured for Report Category &V3& and Reporting Entity &V4&

System Response

For optional parameter, the current message is only informative.
In case of mandatory parameters, report processing is aborted.

How to fix this error?

Customize please the parameter value for your Reporting Entity and
Report Category (transaction SM30, maintenance view SRFV_RPG_CAT4).

Procedure for System Administrators

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Error message extract from SAP system. Copyright SAP SE.

FIAAIT_IS001 - Details

• The SAP error message FIAAIT_IS001 typically indicates that a specific configuration parameter has not been set up correctly in the system. This error is often encountered in the context of financial accounting or asset accounting modules, where certain parameters must be defined for the system to process transactions correctly.
  
  Cause:
  The error message FIAAIT_IS001 is triggered when:
  
  A required configuration parameter (indicated by &1) is missing or not defined for a specific entity (indicated by &3 and &4).
  The values for the parameter (indicated by &2) are not available or have not been maintained in the system.
  
  
  Solution:
  To resolve this error, you can follow these steps:
  
  
  Identify the Parameter: Check the error message details to identify which parameter (&1) is causing the issue and what values (&2) are expected.
  
  
  Access Configuration Settings:
  
  Go to the SAP Customizing Implementation Guide (SPRO).
  Navigate to the relevant area based on the module you are working with (e.g., Financial Accounting, Asset Accounting).
  Look for