How To Fix FIEG_LOC020 - Maintain stamp tax customization for company code

SAP Error Message - Details

• Message type: E = Error

• Message class: FIEG_LOC - FIEG_LOC

• Message number: 020

• Message text: Maintain stamp tax customization for company code

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message FIEG_LOC020 - Maintain stamp tax customization for company code ?

  The SAP error message FIEG_LOC020 indicates that there is an issue with the configuration of stamp tax for a specific company code. This error typically arises when the necessary customization settings for stamp tax are not maintained in the system.
  Cause:
  The error occurs due to one or more of the following reasons:
  
  Missing Configuration: The stamp tax settings for the specified company code have not been maintained in the system.
  Incorrect Company Code: The company code being referenced may not have the required stamp tax configuration.
  Incomplete Customization: The customization for stamp tax may be incomplete or incorrectly set up.
  
  Solution:
  To resolve the FIEG_LOC020 error, follow these steps:
  
  
  Access the Customization Settings:
  
  Go to the SAP Easy Access screen.
  Navigate to the following path: SPRO > SAP Reference IMG > Financial Accounting (New) > Financial Accounting Global Settings (New) > Tax on Sales/Purchases > Basic Settings > Define Stamp Tax.
  
  
  
  Maintain Stamp Tax Customization:
  
  In the configuration screen, ensure that the stamp tax settings are defined for the relevant company code.
  Check if the necessary tax codes, rates, and other relevant details are correctly maintained.
  
  
  
  Check Company Code:
  
  Verify that you are working with the correct company code and that it is active in the system.
  
  
  
  Test the Configuration:
  
  After making the necessary changes, perform a test transaction to ensure that the error no longer appears.
  
  
  
  Consult Documentation:
  
  If you are unsure about the required settings, refer to SAP documentation or consult with your SAP functional consultant for guidance on the specific requirements for stamp tax in your region.
  
  
  
  Related Information:
  
  Stamp Tax: This is a form of tax that is levied on certain documents, transactions, or agreements. The configuration may vary based on local regulations.
  Company Code: In SAP, a company code is the smallest organizational unit for which a complete self-contained set of accounts can be drawn up.
  SAP Notes: Check for any relevant SAP Notes that may provide additional information or updates regarding stamp tax configuration.
  
  By following these steps, you should be able to resolve the FIEG_LOC020 error and ensure that the stamp tax customization is correctly maintained for your company code.