How To Fix FIEU_SAFT314 - Ledger &1 is not correctly maintained for Company Code &2

SAP Error Message - Details

• Message type: E = Error

• Message class: FIEU_SAFT - FIEU_SAFT

• Message number: 314

• Message text: Ledger &1 is not correctly maintained for Company Code &2

What causes this issue?

A Ledger has not been maintained for the selected Company Code.

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

System Response

You must maintain a Ledger for each Company Code in use.

How to fix this error?

Please verify that you have maintained a valid Chart of Accounts (COA)
in Specify Generic Settings for your company code, or, verify if the
validity period is fully contained within the specified Fiscal Year.
To maintain the Chart of Accounts, do the following:
In the SAF-T transaction (<AB>FIEU_SAFT</>), select <LS>Define Settings
</>. In the <LS>Generic Settings </>node, execute the <LS>Specify
Generic Settings </>Customizing.
Select the PT / Portugal line, then double-click the <LS>Specify Generic
Information </>node in the Dialog Structure.
Make an entry for the Ledger (<LS>Ld</>) for your Company Code.
Save your entries and exit.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FIEU_SAFT314 - Ledger &1 is not correctly maintained for Company Code &2 ?

  The SAP error message FIEU_SAFT314 indicates that there is an issue with the configuration of a ledger for a specific company code. This error typically arises in the context of the SAP Financial Accounting (FI) module, particularly when dealing with the SAP Audit File for Tax Purposes (SAFT) or when trying to generate reports that require a properly maintained ledger.
  Cause:
  The error message "Ledger &1 is not correctly maintained for Company Code &2" suggests that:
  
  The specified ledger (denoted as &1) is not properly configured for the specified company code (denoted as &2).
  There may be missing settings or inconsistencies in the ledger configuration, such as:
  
  The ledger is not assigned to the company code.
  The ledger is not activated for the relevant fiscal year.
  There are missing or incorrect settings in the ledger's configuration (e.g., currency settings, account assignments).
  
  
  
  Solution:
  To resolve this error, you can follow these steps:
  
  
  Check Ledger Configuration:
  
  Go to the SAP transaction code OB22 (or use the menu path: Financial Accounting > General Ledger > Master Data > G/L Accounts > Prepare G/L Account Creation).
  Verify that the ledger in question is correctly assigned to the company code. Ensure that the ledger is active and configured for the fiscal year you are working with.
  
  
  
  Assign Ledger to Company Code:
  
  If the ledger is not assigned, you will need to assign it to the company code. This can typically be done in the same configuration area where you checked the ledger settings.
  
  
  
  Review Fiscal Year Settings:
  
  Ensure that the fiscal year settings for the ledger are correctly maintained. This includes checking that the ledger is open for posting in the relevant fiscal year.
  
  
  
  Check for Missing Settings:
  
  Review any additional settings that may be required for the ledger, such as currency settings, account types, or any specific configurations that may be necessary for your organization's reporting requirements.
  
  
  
  Consult Documentation:
  
  If you are unsure about the specific settings required, consult the SAP documentation or your organization's SAP support team for guidance on the correct configuration for your specific scenario.
  
  
  
  Testing:
  
  After making the necessary changes, test the functionality again to ensure that the error has been resolved.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  OB22: Configuration for ledgers.
  OB37: Assigning ledgers to company codes.
  
  
  
  SAP Notes and Documentation:
  
  Check SAP Notes for any known issues or additional guidance related to the FIEU_SAFT314 error.
  
  
  
  Support:
  
  If the issue persists after checking the configuration, consider reaching out to SAP support or your internal SAP team for further assistance.
  
  
  
  By following these steps, you should be able to identify and resolve the issue related to the ledger configuration for the specified company code.