How To Fix FKK_FVA005 - Accounting principle &1 not maintained in Customizing

SAP Error Message - Details

• Message type: E = Error

• Message class: FKK_FVA - FI-CA: FVA message class

• Message number: 005

• Message text: Accounting principle &1 not maintained in Customizing

What causes this issue?

You entered accounting principle &V1&. However, accounting principle
&V1& has not been maintained 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?

INCLUDE FICA_NA_CUST_1 OBJECT DOKU ID TX

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 FKK_FVA005 - Accounting principle &1 not maintained in Customizing ?

  The SAP error message FKK_FVA005 indicates that the accounting principle specified in the system is not maintained in the Customizing settings. This error typically arises in the context of contract accounts receivable and payable (FI-CA) when the system is trying to process a transaction that requires a specific accounting principle that has not been configured.
  Cause:
  The primary cause of this error is that the accounting principle referenced in the transaction is not defined in the Customizing settings of the SAP system. This can happen if:
  
  The accounting principle has not been set up in the system.
  The accounting principle is incorrectly configured or missing in the relevant configuration settings.
  The transaction is trying to use an accounting principle that is not applicable to the current context.
  
  Solution:
  To resolve the error, you need to ensure that the accounting principle is properly maintained in the Customizing settings. Here are the steps to do this:
  
  
  Access Customizing:
  
  Go to the SAP Easy Access screen and enter transaction code SPRO.
  Navigate to the following path: 
  Financial Accounting (New) -> Contract Accounts Receivable and Payable -> Basic Functions -> Accounting Principles
  
  
  
  
  Maintain Accounting Principles:
  
  Check if the accounting principle mentioned in the error message is listed.
  If it is not listed, you will need to create a new entry for the accounting principle.
  If it is listed but not configured correctly, you may need to adjust the settings.
  
  
  
  Define Accounting Principles:
  
  Ensure that all necessary settings related to the accounting principle are defined, including the relevant parameters and configurations.
  
  
  
  Check Dependencies:
  
  Verify if there are any dependencies or prerequisites that need to be fulfilled for the accounting principle to be valid in the context of your transaction.
  
  
  
  Testing:
  
  After making the necessary changes, test the transaction again to ensure that the error is resolved.
  
  
  
  Related Information:
  
  Transaction Codes: You may find it useful to familiarize yourself with related transaction codes such as OBY6 (for defining accounting principles) and OBY1 (for maintaining company codes).
  Documentation: Refer to SAP Help documentation for detailed information on configuring accounting principles in FI-CA.
  Support: If you continue to experience issues, consider reaching out to your SAP support team or consulting with an SAP FI-CA expert for further assistance.
  
  By following these steps, you should be able to resolve the FKK_FVA005 error and ensure that the accounting principle is properly maintained in your SAP system.