How To Fix FINCS_MD_ADH038 - FS item &1 does not exist in consolidation chart of accounts &2.

SAP Error Message - Details

• Message type: E = Error

• Message class: FINCS_MD_ADH - Consolidation - Ad Hoc Set Messages

• Message number: 038

• Message text: FS item &1 does not exist in consolidation chart of accounts &2.

What causes this issue?

Financial statement (FS) item <(>&<)>1 does not exist in consolidation
chart of accounts <(>&<)>2.

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?

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 FINCS_MD_ADH038 - FS item &1 does not exist in consolidation chart of accounts &2. ?

  The SAP error message FINCS_MD_ADH038 indicates that a financial statement (FS) item does not exist in the specified consolidation chart of accounts. This error typically arises in the context of financial consolidation processes within SAP, particularly when working with the Consolidation module (e.g., SAP BPC or SAP S/4HANA).
  Cause:
  
  Missing FS Item: The FS item referenced in the error message is not defined in the consolidation chart of accounts you are using.
  Incorrect Chart of Accounts: The chart of accounts specified may not be the correct one for the consolidation process.
  Configuration Issues: There may be configuration issues in the consolidation settings or mappings that lead to this error.
  Data Entry Errors: There could be a typo or incorrect entry in the FS item or chart of accounts.
  
  Solution:
  
  
  Check FS Item Definition:
  
  Go to the configuration settings for the consolidation chart of accounts and verify that the FS item exists.
  If it does not exist, you may need to create it or adjust the mapping.
  
  
  
  Verify Chart of Accounts:
  
  Ensure that you are using the correct consolidation chart of accounts. Check the settings in your consolidation application to confirm that the right chart is being referenced.
  
  
  
  Review Configuration:
  
  Check the configuration settings for the consolidation process. Ensure that all necessary mappings between the FS items and the chart of accounts are correctly set up.
  
  
  
  Data Validation:
  
  Validate the data entries for the FS item and the chart of accounts. Look for any discrepancies or errors in the data that could lead to this issue.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidance on the error message and related configuration settings.
  
  
  
  Contact Support:
  
  If the issue persists after checking the above points, consider reaching out to SAP support or your internal SAP team for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes like OBY6 (for chart of accounts) or OBD2 (for financial statement versions) to check configurations.
  SAP Notes: Look for relevant SAP Notes that might address this specific error or provide additional troubleshooting steps.
  User Forums: Consider checking SAP community forums or user groups for similar issues and solutions shared by other users.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.