How To Fix FIEU_SAFT315 - Alternate Account &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: 315

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

What causes this issue?

An Alternative chart of accounts (Main/Alt Account field) has not been
maintained for the selected Company Code.

System Response

You must maintain the <LS>Account </>field for each Company Code in use.

How to fix this error?

Please verify that you have maintained a valid Main/Alt Account. In the
<LS>Country-Specific Settings-> Portugal</> node execute the <LS>Specify
Business Cases </>Customizing.
To maintain the Main/Alt Account, do the following:
In the SAF-T transaction (<AB>FIEU_SAFT</>), select <LS>Define Settings
</>. In the <LS>Country-Specific Settings-> Portugal</> node execute the
<LS>Specify Business Cases </>Customizing.
For your Company Code record, maintain the <LS>Main/Alt Account</> field
with values <LB>M</> (for Main Account) or <LB>A</> (for Alternative
Account).
Save your entries and exit.

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

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_SAFT315 - Alternate Account &1 is not correctly maintained for Company Code &2 ?

  The SAP error message FIEU_SAFT315 indicates that there is an issue with the configuration of an alternate account for a specific company code. This error typically arises in the context of financial accounting, particularly when dealing with the Standard Audit File for Tax (SAFT) reporting.
  Cause:
  The error message suggests that the alternate account specified (denoted by &1) is not correctly maintained for the company code (denoted by &2). This could be due to several reasons:
  
  Missing Configuration: The alternate account may not be defined in the system for the specified company code.
  Incorrect Account Type: The account type or the account itself may not be appropriate for the transaction or reporting requirements.
  Data Entry Error: There may be a typographical error in the account number or company code.
  Authorization Issues: The user may not have the necessary permissions to view or maintain the alternate account settings.
  
  Solution:
  To resolve the error, you can follow these steps:
  
  
  Check Alternate Account Configuration:
  
  Navigate to the configuration settings for the alternate accounts in SAP.
  Use transaction code OBY6 (or the relevant configuration path) to check if the alternate account is correctly maintained for the specified company code.
  Ensure that the account number is valid and correctly linked to the company code.
  
  
  
  Maintain Alternate Account:
  
  If the alternate account is missing, you will need to create or maintain it. This can typically be done in the Financial Accounting (FI) module under the relevant settings for alternate accounts.
  Ensure that the account type is appropriate for the transactions being processed.
  
  
  
  Verify Data Entry:
  
  Double-check the account number and company code for any typographical errors.
  Ensure that the correct company code is being used in the transaction.
  
  
  
  Check User Authorizations:
  
  Ensure that the user has the necessary authorizations to access and maintain the alternate account settings.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources related to SAFT and alternate accounts for any specific requirements or guidelines.
  
  
  
  Testing:
  
  After making the necessary changes, perform a test transaction to ensure that the error no longer occurs.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OBY6 for maintaining alternate accounts, FS00 for managing G/L accounts, and OBD2 for account determination.
  SAP Notes: Check for any SAP Notes related to this error message for additional guidance or patches that may address known issues.
  SAFT Reporting: Understand the requirements for SAFT reporting in your region, as this may influence how alternate accounts are configured.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a functional consultant who specializes in financial accounting within SAP.