How To Fix FINCS_MD_FSITEM009 - Currency translation selection attribute &1 does not exist.

SAP Error Message - Details

• Message type: E = Error

• Message class: FINCS_MD_FSITEM - Consolidation Financial Statement Item Master Data

• Message number: 009

• Message text: Currency translation selection attribute &1 does not exist.

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_FSITEM009 - Currency translation selection attribute &1 does not exist. ?

  The SAP error message FINCS_MD_FSITEM009 indicates that there is an issue with the currency translation selection attribute in your financial data. Specifically, it states that the currency translation selection attribute you are trying to use does not exist in the system.
  Cause:
  
  Missing Configuration: The currency translation selection attribute may not have been defined in the system. This could happen if the necessary configuration steps were not completed during the setup of the financial module.
  Incorrect Attribute Name: The attribute name being referenced may be misspelled or incorrectly specified in the configuration or during the execution of a report or transaction.
  Data Model Issues: There may be issues with the data model or the underlying data that is causing the attribute to be unrecognized.
  Version Mismatch: If you are using a version of SAP that does not support the specific attribute, this error may occur.
  
  Solution:
  
  Check Configuration: Verify that the currency translation selection attribute is correctly configured in the system. You can do this by navigating to the relevant configuration settings in the SAP system (usually found in the Financial Accounting or Controlling modules).
  Validate Attribute Name: Ensure that the attribute name you are using is correct. Check for any typos or discrepancies in the naming conventions.
  Review Data Model: If applicable, review the data model to ensure that all necessary components are in place and that there are no missing links or references.
  Consult Documentation: Refer to SAP documentation or help resources to confirm that the attribute you are trying to use is valid for your version of SAP.
  Contact Support: If you are unable to resolve the issue, consider reaching out to SAP support or your internal IT team for assistance. They may have additional insights or access to logs that can help diagnose the problem.
  
  Related Information:
  
  Transaction Codes: You may want to check transaction codes related to financial reporting and currency translation, such as OB08 (for maintaining exchange rates) or FSP0 (for financial statement versions).
  SAP Notes: Look for relevant SAP Notes that may address this specific error or provide guidance on currency translation configuration.
  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.