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

FC343 - Overview

• 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.

FC343 - Details

• 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.