How To Fix FC343 - Only delete parallel local currency for test company codes

SAP Error Message - Details

• Message type: E = Error

• Message class: FC - FI configuration error messages

• Message number: 343

• Message text: Only delete parallel local currency for test company codes

What causes this issue?

You are only allowed to delete the entry for a parallel local currency
in company code &V1& since the company code has not been flagged as
"productive". Deleting it may mean that open items can no longer be
cleared.

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?

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FC343 - Only delete parallel local currency for test company codes ?

  The SAP error message FC343, which states "Only delete parallel local currency for test company codes," typically occurs when you attempt to delete or modify the parallel local currency settings for a company code that is not designated as a test company code. This error is part of the financial accounting module in SAP and is related to the configuration of currencies in the system.
  Cause:
  
  Company Code Configuration: The error arises because the system restricts the deletion of parallel local currency settings for live company codes. This is a safeguard to prevent accidental changes that could affect financial reporting and accounting processes.
  Test Company Code: The system allows changes to be made only in test company codes, which are used for development and testing purposes.
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Company Code Settings:
  
  Verify if the company code you are trying to modify is indeed a test company code. You can do this by checking the configuration settings in the SAP system.
  If it is a live company code, you will not be able to delete the parallel local currency.
  
  
  
  Use a Test Company Code:
  
  If you need to test changes to the parallel local currency settings, you should perform these actions in a designated test company code. You can create a test company code if one does not exist.
  
  
  
  Consult with Your SAP Administrator:
  
  If you believe that changes are necessary for a live company code, consult with your SAP administrator or finance team. They may need to evaluate the implications of such changes and determine if they can be made through a different process.
  
  
  
  Documentation and Backup:
  
  Always ensure that you have proper documentation and backups before making any changes to company code settings, especially in a live environment.
  
  
  
  Related Information:
  
  Transaction Codes: You may use transaction codes like OBY6 (for defining company code settings) or OB22 (for defining currency types) to review and manage currency settings.
  SAP Notes: Check SAP Notes for any updates or specific guidance related to this error message. SAP frequently updates its documentation and may provide additional insights or solutions.
  Testing Environment: It is a best practice to perform any significant changes in a development or testing environment before applying them to the production environment.
  
  By following these steps, you should be able to address the FC343 error and understand the limitations regarding currency settings in SAP.