How To Fix ISSR_READ014 - Enter statutory reporting valuation area

SAP Error Message - Details

• Message type: E = Error

• Message class: ISSR_READ - Messages of Central Read Modules for SR Tables

• Message number: 014

• Message text: Enter statutory reporting valuation area

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message ISSR_READ014 - Enter statutory reporting valuation area ?

  The SAP error message ISSR_READ014 typically indicates that the system requires a statutory reporting valuation area to be specified for a particular operation or transaction. This error is often encountered in the context of statutory reporting, where specific valuation areas are necessary for compliance with local regulations.
  Cause:
  The error occurs when:
  
  The statutory reporting valuation area is not defined in the system.
  The valuation area is not assigned to the relevant company code or business area.
  The transaction being executed does not have the necessary configuration to identify the statutory reporting valuation area.
  
  Solution:
  To resolve the ISSR_READ014 error, you can follow these steps:
  
  
  Check Configuration:
  
  Go to the SAP Customizing Implementation Guide (IMG) and navigate to the statutory reporting settings.
  Ensure that the statutory reporting valuation area is defined and configured correctly.
  
  
  
  Assign Valuation Area:
  
  Make sure that the statutory reporting valuation area is assigned to the relevant company code or business area.
  You can do this by checking the settings under Financial Accounting (FI) > Financial Accounting Global Settings > Statutory Reporting.
  
  
  
  Transaction Data:
  
  Verify the transaction data you are trying to process. Ensure that all required fields, including the statutory reporting valuation area, are filled in correctly.
  
  
  
  User Authorizations:
  
  Check if the user executing the transaction has the necessary authorizations to access the statutory reporting valuation area.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help files related to statutory reporting for any additional configuration steps that may be required.
  
  
  
  Contact Support:
  
  If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  
  
  Related Information:
  
  Statutory Reporting: This refers to the financial reporting that organizations must comply with according to local laws and regulations. It often includes specific requirements for how financial data is reported.
  Valuation Area: In SAP, a valuation area is a unit for which the valuation of inventory and other financial data is maintained. It can be at the company code level or plant level, depending on the configuration.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance on configuration.
  
  By following these steps, you should be able to resolve the ISSR_READ014 error and ensure that your statutory reporting processes function correctly.