How To Fix GZ414 - Please specify a lower limit for the FS item!

SAP Error Message - Details

• Message type: E = Error

• Message class: GZ - Message class for FI-LC

• Message number: 414

• Message text: Please specify a lower limit for the FS item!

What causes this issue?

You entered an upper limit, but no lower limit for the item.

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?

Enter a lower limit for the item, also.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message GZ414 - Please specify a lower limit for the FS item! ?

  The SAP error message GZ414, "Please specify a lower limit for the FS item," typically occurs in the context of financial accounting or controlling when dealing with financial statements (FS) or when setting up certain financial parameters. This error indicates that a required lower limit for a financial statement item has not been defined, which is necessary for the system to process the financial data correctly.
  Cause:
  
  Missing Configuration: The lower limit for a financial statement item has not been set in the configuration.
  Incorrect Settings: The settings for the financial statement version (FS version) may be incomplete or incorrect.
  Data Entry Error: There may be an oversight in data entry where the lower limit was not specified.
  
  Solution:
  
  
  Check Financial Statement Version:
  
  Go to the configuration for the financial statement version in SAP (Transaction code: OB58).
  Ensure that the financial statement item in question has a lower limit defined.
  
  
  
  Define Lower Limit:
  
  If the lower limit is not defined, you will need to specify it. This can usually be done in the same configuration area where you manage financial statement versions.
  Make sure to save your changes after defining the lower limit.
  
  
  
  Review Related Settings:
  
  Check if there are any other related settings that might be affecting the financial statement item.
  Ensure that all necessary parameters for the financial statement version are correctly configured.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help files for detailed instructions on configuring financial statement versions and items.
  
  
  
  Testing:
  
  After making the necessary changes, test the financial statement generation or the process that triggered the error to ensure that the issue is resolved.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OB58 (for financial statement versions) and FS00 (for G/L account master data).
  SAP Notes: Check SAP Notes for any known issues or additional guidance related to error GZ414.
  User Roles: Ensure that you have the necessary permissions to make changes to financial statement configurations.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a functional consultant who specializes in financial accounting within SAP.