How To Fix FIKW_LOC017 - Maintain retention payment terms or special G/L indicator in Customizing


FIKW_LOC017 - Overview

  • Message type: E = Error

  • Message class: FIKW_LOC - FI Localization for Kuwait

  • Message number: 017

  • Message text: Maintain retention payment terms or special G/L indicator in Customizing

  • Show details Hide details
  • What causes this issue?

    You have not specified the retention payment terms or special G/L
    indicator in Customizing.

    System Response

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

    How to fix this error?

    Make settings in the Customizing activity <ZK>Specify Retention for
    Statement of Subcontractors</>.

    Procedure for System Administrators


    Error message extract from SAP system. Copyright SAP SE.


FIKW_LOC017 - Details

  • The SAP error message FIKW_LOC017 indicates that there is a configuration issue related to retention payment terms or special G/L indicators in the system. This error typically arises when the system is unable to find the necessary settings for handling retention payments in the financial accounting module.
    
    Cause: The error occurs due to one of the following reasons: Missing Configuration: The retention payment terms or special G/L indicators have not been defined in the system. Incorrect Settings: The existing settings may not be correctly configured to handle retention payments. Customizing Issues: The relevant customizing settings in the SAP system may not have been maintained properly.
    Solution: To resolve the error, you need to perform the following steps: Access Customizing: Go to the SAP Easy Access screen and enter the transaction code SPRO to access the Customizing menu. Navigate to the Relevant Path: Follow the path: Financial Accounting (New) > Accounts Receivable and Accounts Payable > Business Transactions > Retentions > Define

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