How To Fix FINSTF_MIG072 - Location type for location2 of Incoterms &1 with version &2 not found

SAP Error Message - Details

• Message type: E = Error

• Message class: FINSTF_MIG - Message class for trade finance migration

• Message number: 072

• Message text: Location type for location2 of Incoterms &1 with version &2 not found

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message FINSTF_MIG072 - Location type for location2 of Incoterms &1 with version &2 not found ?

  The SAP error message FINSTF_MIG072 indicates that there is an issue with the location type for a specific location (location2) associated with the Incoterms in your SAP system. This error typically arises during data migration or when trying to process transactions that involve Incoterms.
  Cause:
  
  Missing Location Type: The error suggests that the location type for the specified location (location2) is not defined in the system for the given version of the Incoterms.
  Incorrect Configuration: There may be a misconfiguration in the Incoterms setup or the location types associated with them.
  Data Migration Issues: If you are migrating data from another system or an older version of SAP, the location types may not have been properly transferred or defined in the new system.
  
  Solution:
  
  
  Check Location Types: Verify that the location type for location2 is defined in the system. You can do this by navigating to the relevant configuration settings in SAP.
  
  Use transaction code SPRO to access the configuration menu.
  Navigate to Logistics Execution > Shipping > Basic Shipping Functions > Incoterms > Define Incoterms.
  Ensure that the location types are correctly set up for the Incoterms you are using.
  
  
  
  Update Incoterms: If the location type is missing, you may need to create or update the Incoterms to include the correct location type.
  
  Ensure that the version of the Incoterms you are using is compatible with the location types defined in your system.
  
  
  
  Data Migration Review: If this error occurred during a data migration process, review the migration data to ensure that all necessary location types and configurations were included. You may need to re-import or adjust the data accordingly.
  
  
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on configuring Incoterms and location types.
  
  
  Contact SAP Support: If the issue persists after checking the configurations and data, consider reaching out to SAP support for further assistance.
  
  
  Related Information:
  
  Incoterms: International Commercial Terms that define the responsibilities of buyers and sellers in international transactions.
  Location Types: These are classifications used in logistics to define the nature of a location (e.g., warehouse, distribution center).
  SAP Configuration: Proper configuration of logistics and shipping settings is crucial for smooth operations in SAP.
  
  By following these steps, you should be able to resolve the FINSTF_MIG072 error and ensure that your Incoterms and location types are correctly configured in your SAP system.