How To Fix FIAR_TAXREP008 - Book value not maintained for company code & in master data

SAP Error Message - Details

• Message type: E = Error

• Message class: FIAR_TAXREP - Message Class for Argentina Tax Reporting

• Message number: 008

• Message text: Book value not maintained for company code & in master data

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.

Unfortunately, there isn't any extra information in this error notice.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message FIAR_TAXREP008 - Book value not maintained for company code & in master data ?

  The SAP error message FIAR_TAXREP008 indicates that the book value is not maintained for a specific company code in the master data. This error typically arises in the context of tax reporting or financial transactions where the system expects to find a book value for a particular asset or account but cannot locate it.
  Cause:
  
  Missing Book Value: The primary cause of this error is that the book value for the specified company code has not been entered or maintained in the master data.
  Incorrect Configuration: There may be issues with the configuration of the asset accounting or financial accounting settings in SAP.
  Data Migration Issues: If data was migrated from another system, it’s possible that the book values were not transferred correctly.
  Inactive Master Data: The master data for the relevant asset or account may be inactive or not properly set up.
  
  Solution:
  
  
  Maintain Book Value:
  
  Navigate to the relevant master data (e.g., asset master record) in SAP.
  Ensure that the book value is correctly maintained for the specified company code.
  You can do this by using transaction codes like AS01 (Create Asset), AS02 (Change Asset), or AS03 (Display Asset).
  
  
  
  Check Configuration:
  
  Review the configuration settings in the Asset Accounting (FI-AA) module to ensure that all necessary parameters are set up correctly.
  Use transaction code SPRO to access the configuration settings and verify that the company code is properly configured.
  
  
  
  Data Migration Review:
  
  If the issue arose after a data migration, review the migration process to ensure that all necessary data, including book values, was transferred correctly.
  You may need to re-import or correct the data if discrepancies are found.
  
  
  
  Activate Master Data:
  
  If the master data is inactive, you may need to activate it or create a new record with the required book value.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for additional guidance on maintaining book values and resolving related errors.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as AS01, AS02, and AS03 for asset management.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  User Roles and Authorizations: Ensure that the user has the necessary authorizations to maintain master data in the system.
  Testing: After making changes, perform tests to ensure that the error is resolved and that the system behaves as expected.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a consultant who specializes in SAP FI/CO (Financial Accounting/Controlling) for further assistance.