How To Fix FCO_SFIN089 - Valuation view &3 is incorrect for company code &1

SAP Error Message - Details

• Message type: E = Error

• Message class: FCO_SFIN - FI-CO Simplified Financials

• Message number: 089

• Message text: Valuation view &3 is incorrect for company code &1

What causes this issue?

No Currency and Valuation Profile is active for controlling area &V2&.
Therefore no valuation view should be specified for entry with company
code &V1&.

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?

Do not specify a valuation view for entry with company code &V1&.

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 FCO_SFIN089 - Valuation view &3 is incorrect for company code &1 ?

  The SAP error message FCO_SFIN089 indicates that there is an issue with the valuation view for a specific company code in the Financial Accounting (FI) module. This error typically arises when the system cannot find a valid valuation view for the specified company code, which can affect financial reporting and other processes.
  Cause:
  
  Missing Valuation View: The valuation view for the specified company code may not be defined or may be incorrectly configured in the system.
  Incorrect Configuration: There may be inconsistencies in the configuration settings related to the valuation view in the Financial Accounting module.
  Data Migration Issues: If data has been migrated from another system, the valuation views may not have been properly set up or transferred.
  Authorization Issues: The user may not have the necessary authorizations to access the valuation view.
  
  Solution:
  
  
  Check Valuation View Configuration:
  
  Go to the configuration settings in SAP (Transaction Code: SPRO).
  Navigate to Financial Accounting (New) > Financial Accounting Global Settings (New) > Valuation > Define Valuation Views.
  Ensure that the valuation view for the specified company code is correctly defined and active.
  
  
  
  Validate Company Code Settings:
  
  Check the settings for the company code in the configuration to ensure that it is properly set up to use the valuation view.
  Ensure that the company code is assigned to the correct valuation area.
  
  
  
  Review Data Migration:
  
  If the error occurred after a data migration, review the migration process to ensure that all necessary data, including valuation views, was correctly transferred.
  
  
  
  Check Authorizations:
  
  Ensure that the user encountering the error has the necessary authorizations to access the valuation view. This can be checked in the user roles and profiles.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidance on the valuation view configuration and troubleshooting steps.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the above points, consider reaching out to SAP support for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as SPRO (for configuration), OBA7 (for document types), and OBY6 (for company code settings).
  SAP Notes: Check for any SAP Notes related to this error message for additional insights or patches that may resolve the issue.
  Community Forums: Engage with SAP community forums or user groups for shared experiences and solutions from other users who may have encountered the same error.
  
  By following these steps, you should be able to identify and resolve the issue related to the FCO_SFIN089 error message in SAP.