How To Fix FINB_MSG_ACSYST011 - &1/&2/&3: The currency with currency type &4 cannot be derived

SAP Error Message - Details

• Message type: E = Error

• Message class: FINB_MSG_ACSYST -

• Message number: 011

• Message text: &1/&2/&3: The currency with currency type &4 cannot be derived

What causes this issue?

For valuation system <ZK>&V2&</> in Accounting Community <ZK>&V1&</>,
currency type <ZK>&V1&</>, you have chosen a basis currency type that
cannot be traced back to currency type 00 (transaction currency). The
currency you have specified cannot therefore be calculated during
document update.

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?

In the current transaction, choose valuation system <ZK>&V2&</> in
Accounting Community <ZK>&V1&</>.
In the dialog structure, choose node <ZK>&V3&</>. As currency type,
choose <ZK>&V4&</> in the preceding node.
Change the currency settings, so that the currency can be derived
either directly or indirectly using another currency type from the
transaction currency.

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_ACSYST011 - &1/&2/&3: The currency with currency type &4 cannot be derived ?

  The SAP error message FINB_MSG_ACSYST011 indicates that the system is unable to derive a currency for a specific transaction or document due to issues related to the currency type. This error typically occurs in the context of financial transactions, particularly in the Asset Accounting (FI-AA) module.
  Cause:
  The error message can be triggered by several factors, including:
  
  
  Missing Currency Configuration: The currency type specified in the transaction is not configured correctly in the system. This could mean that the currency type is not assigned to the relevant company code or that the currency type is not defined in the system.
  
  
  Incorrect Currency Type: The currency type being used in the transaction may not be appropriate for the context. For example, if a transaction is trying to use a currency type that is not valid for the asset or the company code.
  
  
  Master Data Issues: The master data for the asset or the relevant financial document may not have the correct currency settings.
  
  
  Transaction Type Configuration: The transaction type being used may not be set up to allow the specified currency type.
  
  
  Solution:
  To resolve the error, you can take the following steps:
  
  
  Check Currency Configuration:
  
  Go to the configuration settings for currencies in the SAP system (Transaction code: OB22).
  Ensure that the currency type in question is correctly defined and assigned to the relevant company code.
  
  
  
  Review Asset Master Data:
  
  Check the asset master data (Transaction code: AS03) to ensure that the currency settings are correct.
  Verify that the asset is assigned to the correct currency type.
  
  
  
  Validate Transaction Type:
  
  Review the configuration of the transaction type being used (Transaction code: OAOA).
  Ensure that the transaction type allows for the currency type in question.
  
  
  
  Check for Missing Entries:
  
  Ensure that all necessary entries for the currency type are present in the relevant tables (e.g., T001 for company codes, T001W for plants).
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources for additional guidance on currency types and their configurations.
  
  
  
  Testing:
  
  After making the necessary changes, test the transaction again to see if the error persists.
  
  
  
  Related Information:
  
  Currency Types: In SAP, currency types are used to differentiate between various currencies used in financial transactions (e.g., local currency, group currency, transaction currency).
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OB22 (Define Currencies), AS03 (Display Asset), and OAOA (Define Transaction Types).
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a functional consultant who specializes in Asset Accounting.