How To Fix FINCS_MD_FSITEM016 - NCI target item &1 does not exist in consolidation COA &2.

FINCS_MD_FSITEM016 - Overview

• Message type: E = Error

• Message class: FINCS_MD_FSITEM - Consolidation Financial Statement Item Master Data

• Message number: 016

• Message text: NCI target item &1 does not exist in consolidation COA &2.

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.

FINCS_MD_FSITEM016 - Details

• The SAP error message FINCS_MD_FSITEM016 indicates that a target item specified in a consolidation process does not exist in the Chart of Accounts (COA) for the specified consolidation entity. This error typically arises during the consolidation of financial data when the system cannot find the specified item in the defined COA.
  
  Cause:
  
  Missing Item: The target item (&1) is not defined in the consolidation Chart of Accounts (&2).
  Incorrect Mapping: There may be an issue with the mapping of accounts between the source and target COAs.
  
  Configuration Issues: The configuration settings for the consolidation process may not be set up correctly, leading to discrepancies.
  Data Entry Errors: There could be typographical errors in the account names or codes being used.
  
  
  Solution:
  
  
  Verify Item Existence:
  
  Check if the target item (&1) exists in the specified consolidation COA (&2). You can do this by navigating to the Chart of Accounts in the SAP system and searching for the item.
  
  
  
  Update COA:
  
  If