How To Fix FINCS_MD_CONSUNIT071 - Do not specify a local currency source.

SAP Error Message - Details

• Message type: E = Error

• Message class: FINCS_MD_CONSUNIT - Consolidation Unit Master Data

• Message number: 071

• Message text: Do not specify a local currency source.

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FINCS_MD_CONSUNIT071 - Do not specify a local currency source. ?

  The SAP error message FINCS_MD_CONSUNIT071 typically occurs in the context of financial consolidation processes within SAP. This error indicates that a local currency source has been specified in a context where it is not allowed or not necessary.
  Cause:
  The error is usually caused by one of the following reasons:
  
  Incorrect Configuration: The consolidation unit or the data source may have been incorrectly configured to include a local currency when it should not.
  Data Entry Error: During the data entry or data import process, a local currency might have been inadvertently specified.
  Incompatibility: The system may not support local currency sources for the specific consolidation process or scenario being executed.
  
  Solution:
  To resolve the error, you can take the following steps:
  
  
  Check Configuration:
  
  Go to the configuration settings for the consolidation unit in question.
  Ensure that the local currency source is not specified where it is not required. This may involve reviewing the settings in the consolidation model or the data source configuration.
  
  
  
  Review Data Entry:
  
  If the error occurred during data entry, review the entries to ensure that no local currency has been specified incorrectly.
  If you are importing data, check the import file for any local currency fields that should be removed.
  
  
  
  Consult Documentation:
  
  Refer to the SAP documentation or help files related to financial consolidation to understand the requirements for local currency settings in your specific scenario.
  
  
  
  Testing:
  
  After making the necessary changes, test the consolidation process again to ensure that the error has been resolved.
  
  
  
  Seek Support:
  
  If the issue persists, consider reaching out to your SAP support team or consulting with an SAP expert who specializes in financial consolidation.
  
  
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that might address this specific error or provide additional guidance.
  Transaction Codes: Familiarize yourself with transaction codes related to financial consolidation, such as FB50, FBL1N, or FBL3N, which may help in reviewing financial data.
  User Forums: Engage with SAP community forums or user groups where similar issues may have been discussed, and solutions shared.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.