How To Fix IDFIAT004 - Enter valid financial statement version

SAP Error Message - Details

• Message type: E = Error

• Message class: IDFIAT - Country Specific Class for Austria

• Message number: 004

• Message text: Enter valid financial statement version

Self-Explanatory Message

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To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

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Smart SAP Assistant

• What is the cause and solution for SAP error message IDFIAT004 - Enter valid financial statement version ?

  The SAP error message IDFIAT004, which states "Enter valid financial statement version," typically occurs when a user attempts to execute a financial report or transaction that requires a specific financial statement version, but the version provided is either invalid or not recognized by the system.
  Cause:
  
  Invalid Version: The financial statement version entered does not exist in the system.
  Configuration Issues: The financial statement version may not be properly configured in the system.
  Authorization Issues: The user may not have the necessary authorizations to access the specified financial statement version.
  Data Entry Error: There may be a typographical error in the version code entered by the user.
  
  Solution:
  
  Check Version Code: Verify that the financial statement version code entered is correct. Ensure there are no typographical errors.
  Configuration Check: 
  
  Go to the configuration settings in SAP (Transaction Code: OB58) to check if the financial statement version is defined and active.
  Ensure that the version is properly set up for the relevant company code and fiscal year.
  
  
  Authorization Check: Ensure that the user has the necessary authorizations to access the financial statement version. This may involve checking user roles and permissions.
  Consult Documentation: Refer to SAP documentation or help files for guidance on the specific financial statement version being used.
  Contact Support: If the issue persists, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as:
  
  OB58: To maintain financial statement versions.
  F.01: To execute financial statements.
  
  
  SAP Notes: Check for any SAP Notes related to this error message for potential patches or updates that may resolve the issue.
  User Training: Ensure that users are trained on how to correctly enter financial statement versions and understand the implications of their selections.
  
  By following these steps, you should be able to resolve the IDFIAT004 error and successfully execute the required financial reports.