How To Fix FOBJ014 - Financials data for higher-level object faulty

SAP Error Message - Details

• Message type: E = Error

• Message class: FOBJ - Messages for FIN Object

• Message number: 014

• Message text: Financials data for higher-level object faulty

What causes this issue?

You are attempting to create or read financials data for object &V1&
&V2&. Object &V1& &V2& points to the higher-level object &V3& &V4& for
which no financials data has been created or whose financials data has
errors.
To enable the financials data for &V1& &V2& to be processed, the
financials data for the higher-level object must be free of errors. The
errors may have occurred while the financials data for the higher-level
object was being created or read.

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?

Check whether the error log contains messages for &V3& &V4&. Correct the
errors, then repeat processing.

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 FOBJ014 - Financials data for higher-level object faulty ?

  The SAP error message FOBJ014 indicates that there is an issue with the financial data for a higher-level object in the system. This typically occurs in the context of financial reporting or when processing financial transactions that involve hierarchical structures, such as cost centers, profit centers, or internal orders.
  Cause:
  The error can be caused by several factors, including:
  
  Data Inconsistency: There may be inconsistencies in the financial data for the higher-level object, such as missing or incorrect entries.
  Hierarchy Issues: The higher-level object may not be properly defined in the hierarchy, or there may be issues with the assignment of lower-level objects to the higher-level object.
  Master Data Problems: The master data for the higher-level object may be incomplete or incorrect, leading to issues when trying to process financial data.
  Authorization Issues: The user may not have the necessary authorizations to access or modify the financial data for the higher-level object.
  Configuration Errors: There may be configuration issues in the financial module that affect how data is processed for higher-level objects.
  
  Solution:
  To resolve the FOBJ014 error, you can take the following steps:
  
  
  Check Data Consistency:
  
  Review the financial data for the higher-level object and ensure that all necessary entries are present and correct.
  Use transaction codes like KSB1 (for cost centers) or KOB1 (for internal orders) to analyze the data.
  
  
  
  Review Hierarchy:
  
  Verify that the higher-level object is correctly defined in the hierarchy and that all lower-level objects are properly assigned.
  Use transaction code OKA1 to check the hierarchy of cost centers or similar transactions for other objects.
  
  
  
  Validate Master Data:
  
  Check the master data for the higher-level object to ensure it is complete and accurate.
  Use transaction codes like KS01 (for cost centers) to review and edit master data.
  
  
  
  Check Authorizations:
  
  Ensure that the user has the necessary authorizations to access and modify the financial data for the higher-level object.
  Review the user roles and authorizations in transaction SU01.
  
  
  
  Configuration Review:
  
  If the issue persists, review the configuration settings in the financial module to ensure they are set up correctly.
  Consult with your SAP Basis or configuration team if necessary.
  
  
  
  Consult SAP Notes:
  
  Check the SAP Support Portal for any relevant SAP Notes that may address this specific error message or provide additional troubleshooting steps.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes for financial reporting and master data management, such as KSB1, KOB1, KS01, OKA1, and SU01.
  SAP Documentation: Refer to SAP Help documentation for detailed information on financial data management and hierarchy structures.
  SAP Community: Engage with the SAP Community forums for insights and solutions from other users who may have encountered similar issues.
  
  By following these steps, you should be able to identify and resolve the underlying cause of the FOBJ014 error in your SAP system.