How To Fix FINS_ACDOC_CUST004 - You have set indicator Parallel Accounting by G/L Accounts (&1/&2)

SAP Error Message - Details

• Message type: E = Error

• Message class: FINS_ACDOC_CUST - Unified Journal Entry - Customizing

• Message number: 004

• Message text: You have set indicator Parallel Accounting by G/L Accounts (&1/&2)

What causes this issue?

You have assigned only one accounting principle to the combination of
ledger &V1& and company code &V2&, but for this combination you have set
the indicator "Parallel Accounting Using G/L Accounts".

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?

Check whether your entries are correct and intended to be like this.
INCLUDE CUSTOMIZED_MESSAGE_INFO OBJECT DOKU ID TX

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 FINS_ACDOC_CUST004 - You have set indicator Parallel Accounting by G/L Accounts (&1/&2) ?

  The SAP error message FINS_ACDOC_CUST004 indicates that there is an issue related to the configuration of parallel accounting for General Ledger (G/L) accounts. This error typically arises when you attempt to perform an action that is not compatible with the parallel accounting settings that have been defined for the specified G/L accounts.
  Cause:
  The error message is triggered when:
  
  Parallel Accounting is Enabled: The G/L account in question has been configured to use parallel accounting, which means that it is set up to handle multiple accounting principles (e.g., local GAAP and IFRS).
  Inconsistent Configuration: There may be inconsistencies in the configuration of the G/L accounts or the accounting principles that are being used.
  Transaction Type: The transaction you are trying to execute may not support parallel accounting for the specified G/L accounts.
  
  Solution:
  To resolve the error, you can take the following steps:
  
  
  Check G/L Account Configuration:
  
  Go to the G/L account master data and verify the settings for parallel accounting. Ensure that the accounts are correctly configured for the intended accounting principles.
  Use transaction code FS00 to display the G/L account and check the "Parallel Accounting" settings.
  
  
  
  Review Accounting Principles:
  
  Ensure that the accounting principles you are using are correctly defined and activated in your system.
  Check if the necessary configurations for the accounting principles are in place.
  
  
  
  Transaction Compatibility:
  
  Verify that the transaction you are trying to execute is compatible with the parallel accounting settings. Some transactions may not support parallel accounting, and you may need to adjust your approach.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources related to parallel accounting and G/L account configuration for additional guidance.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the configurations, consider reaching out to SAP support for further assistance. They can provide insights specific to your system configuration and help troubleshoot the issue.
  
  
  
  Related Information:
  
  Parallel Accounting: This feature allows organizations to maintain multiple sets of books for different accounting standards. It is commonly used in multinational companies that need to comply with various local regulations.
  G/L Account Master Data: The master data for G/L accounts includes various settings that determine how transactions are recorded and reported.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as FS00 (G/L Account Master Record), OBY6 (Define Accounting Principles), and OBY1 (Assign Company Code to Accounting Principle) for managing G/L accounts and accounting principles.
  
  By following these steps, you should be able to identify the root cause of the error and implement the necessary changes to resolve it.