How To Fix FAZ043 - Resetting of currency changeover: &1

SAP Error Message - Details

• Message type: E = Error

• Message class: FAZ - Error Handling for FACILITIES

• Message number: 043

• Message text: Resetting of currency changeover: &1

What causes this issue?

The euro changeover for the facility was reset.
This means that all changes made since the euro changeover were
overwritten.

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

System Response

How to fix this error?

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 FAZ043 - Resetting of currency changeover: &1 ?

  The SAP error message FAZ043, which states "Resetting of currency changeover: &1," typically occurs in the context of asset accounting when there is an issue with the currency changeover process for fixed assets. This error can arise during the execution of the currency changeover program, which is part of the year-end closing process in asset accounting.
  Cause:
  The error can be caused by several factors, including:
  
  Incomplete Configuration: The currency changeover process may not be properly configured in the system.
  Data Inconsistencies: There may be inconsistencies in the asset master data or transaction data that prevent the currency changeover from being completed successfully.
  Open Transactions: There may be open transactions or postings that are preventing the currency changeover from being executed.
  Missing Authorizations: The user executing the currency changeover may not have the necessary authorizations to perform the operation.
  
  Solution:
  To resolve the FAZ043 error, you can take the following steps:
  
  
  Check Configuration: Ensure that the currency changeover configuration is correctly set up in the system. This includes verifying the settings in the Asset Accounting configuration (transaction code OAYZ).
  
  
  Review Asset Data: Check the asset master records for any inconsistencies or missing data. Ensure that all required fields are filled out correctly.
  
  
  Clear Open Transactions: Identify and clear any open transactions that may be blocking the currency changeover. This may involve posting or reversing transactions that are still in process.
  
  
  User Authorizations: Verify that the user has the necessary authorizations to perform the currency changeover. This may involve checking user roles and permissions in the SAP system.
  
  
  Run the Program Again: After addressing the above issues, try running the currency changeover program again. You can do this using transaction code AFAB or through the appropriate menu path.
  
  
  Consult SAP Notes: Check for any relevant SAP Notes that may provide additional guidance or patches related to this error message. You can search for notes in the SAP Support Portal.
  
  
  Seek Help from SAP Support: If the issue persists after trying the above solutions, consider reaching out to SAP Support for further assistance.
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as AFAB (Asset Accounting: Execute Depreciation) and OAYZ (Settings for Currency Changeover).
  Documentation: Review SAP documentation related to Asset Accounting and currency changeover processes for more detailed information.
  Testing: If possible, test the currency changeover process in a development or test environment before executing it in the production environment to avoid disruptions.
  
  By following these steps, you should be able to identify and resolve the cause of the FAZ043 error in SAP.