How To Fix FTI031 - Default industry system &1 is being used to determine the industry

FTI031 - Overview

• Message type: E = Error

• Message class: FTI - Treasury Information System

• Message number: 031

• Message text: Default industry system &1 is being used to determine the industry

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

INCLUDE FTI_ISTYPE OBJECT DOKU ID TX

Error message extract from SAP system. Copyright SAP SE.

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• What is the cause and solution for SAP error message FTI031 - Default industry system &1 is being used to determine the industry ?

  The SAP error message FTI031 indicates that the system is using a default industry system for determining the industry for a specific transaction or process. This typically occurs when the system cannot find a specific industry assignment for the relevant business object, such as a customer or vendor.
  
  Cause:
  
  Missing Industry Assignment: The primary cause of this error is that the relevant master data (like customer or vendor records) does not have an industry assigned to it.
  
  Configuration Issues: There may be issues in the configuration settings related to industry assignments in the SAP system.
  Data Inconsistencies: There could be inconsistencies or missing data in the relevant tables that store industry information.
  
  
  Solution:
  
  Check Master Data: Verify the master data for the relevant business object (e.g., customer, vendor) to ensure that an industry is assigned. You can do this by navigating to the master data record and checking the industry field.
  Assign Industry: If the industry is