How To Fix FINB_MSG_ACSYST008 - &1/&2: Change the settings for currency conversion

SAP Error Message - Details

• Message type: E = Error

• Message class: FINB_MSG_ACSYST -

• Message number: 008

• Message text: &1/&2: Change the settings for currency conversion

What causes this issue?

For valuation system <ZK>&V1&</> in community <ZK>&V2&</>, you have
entered at least one currency in which you want the document rows to be
converted. However, no currency conversion settings have been defined
for the valuation system.

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?

In the current transaction, choose valuation system <ZK> &V2&</> in
Accounting Community <ZK>&V1&</>.
Make the necessary settings in the dialog structure, under <ls>currency
conversion</>.

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 FINB_MSG_ACSYST008 - &1/&2: Change the settings for currency conversion ?

  The SAP error message FINB_MSG_ACSYST008 typically indicates an issue related to currency conversion settings in the system. This error can occur in various financial transactions or reports where currency conversion is required, and it suggests that the current settings do not allow for the necessary conversion to take place.
  
  Cause:
  The error can be caused by several factors, including:
  
  Missing or Incorrect Currency Settings: The currency settings in the system may not be configured correctly for the specific transaction or report you are trying to execute.
  Currency Conversion Type: The conversion type used may not be defined or may not match the requirements of the transaction.
  Exchange Rate Validity: The exchange rates may not be maintained for the required currencies or may not be valid for the date of the transaction.
  
  Configuration Issues: There may be issues in the configuration of the financial module related to currency conversion.
  
  
  Solution:
  To resolve the error, you can take the following