How To Fix FIPT_SAFT009 - A Taxonomy Reference &1 not correctly maintained for Company Code &2

SAP Error Message - Details

• Message type: E = Error

• Message class: FIPT_SAFT - Messages for SAFT - Specfic for Portugal

• Message number: 009

• Message text: A Taxonomy Reference &1 not correctly maintained for Company Code &2

What causes this issue?

A Taxonomy Reference has not been correctly maintained for the selected
Company Code.

System Response

You must maintain the Taxonomy Reference for this Company Code.

How to fix this error?

Please verify that you have maintained a valid Taxonomy Reference in
Specify Business Case for your company code, or, verify if the validity
period is fully contained within the specified Fiscal Year.
To maintain a valid Taxonomy Reference, 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>TaxoRef</> field with any
of the following values:
<LB>S</> for SNC (ASS)-based accounting rules
<LB>N</> for International Accounting Standards
<LB>M</> for SNC (ASS)-based rules for micro-companies
<LB>O</> for Other accounting systems (undefined)
Save your entries and exit.

Procedure for System Administrators

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

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FIPT_SAFT009 - A Taxonomy Reference &1 not correctly maintained for Company Code &2 ?

  The SAP error message FIPT_SAFT009 indicates that there is an issue with the maintenance of a Taxonomy Reference for a specific Company Code in the context of the SAF-T (Standard Audit File for Tax) reporting. This error typically arises when the system cannot find or validate the taxonomy reference that is supposed to be linked to the specified company code.
  Cause:
  
  Missing Taxonomy Reference: The taxonomy reference for the specified company code is not maintained in the system.
  Incorrect Configuration: The taxonomy reference may be incorrectly configured or not aligned with the requirements of the SAF-T reporting.
  Data Inconsistency: There may be inconsistencies in the data related to the taxonomy reference or company code.
  
  Solution:
  To resolve the error, you can follow these steps:
  
  
  Check Taxonomy Reference Maintenance:
  
  Go to the transaction code OBY6 (or the relevant configuration path) to check the settings for the company code.
  Ensure that the Taxonomy Reference is correctly maintained for the specified company code.
  
  
  
  Maintain Taxonomy Reference:
  
  If the taxonomy reference is missing, you will need to create or maintain it. This can typically be done in the configuration settings for SAF-T reporting.
  Ensure that the taxonomy reference corresponds to the correct version and is compliant with local regulations.
  
  
  
  Validate Configuration:
  
  Review the configuration settings for SAF-T reporting to ensure that all necessary parameters are set correctly.
  Check if there are any updates or patches available for your SAP system that might address this issue.
  
  
  
  Test the Configuration:
  
  After making the necessary changes, perform a test run of the SAF-T report to ensure that the error is resolved.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or notes related to SAF-T reporting for any specific guidelines or requirements that may apply to your region or version of SAP.
  
  
  
  Seek Support:
  
  If the issue persists, consider reaching out to SAP support or your internal SAP team for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OBY6 (for company code settings) and other SAF-T related transactions.
  SAP Notes: Check for any SAP Notes that might address known issues or provide additional guidance on maintaining taxonomy references.
  Local Regulations: Ensure that you are aware of the local tax regulations that may affect the taxonomy reference and SAF-T reporting requirements.
  
  By following these steps, you should be able to resolve the FIPT_SAFT009 error and ensure that your SAF-T reporting is correctly configured.