How To Fix FINS_ACDOC_CUST034 - Enter Exchange Rate Type, Source Currency, and Translation Date Type

SAP Error Message - Details

• Message type: E = Error

• Message class: FINS_ACDOC_CUST - Unified Journal Entry - Customizing

• Message number: 034

• Message text: Enter Exchange Rate Type, Source Currency, and Translation Date Type

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.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message FINS_ACDOC_CUST034 - Enter Exchange Rate Type, Source Currency, and Translation Date Type ?

  The SAP error message FINS_ACDOC_CUST034 typically occurs in the context of financial accounting when there is an issue with the exchange rate settings during a transaction that involves currency conversion. This error indicates that the system requires specific information regarding the exchange rate type, source currency, and translation date type, which has not been provided.
  Cause:
  
  Missing Exchange Rate Type: The exchange rate type is not specified in the transaction or configuration.
  Missing Source Currency: The source currency for the transaction is not defined.
  Missing Translation Date Type: The date type for the currency translation is not provided.
  Configuration Issues: There may be issues in the configuration of currency translation settings in the system.
  Transaction Type: The transaction being processed may require currency conversion, but the necessary parameters are not set.
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Transaction Data:
  
  Ensure that you have entered the exchange rate type, source currency, and translation date type in the transaction you are trying to process.
  
  
  
  Review Configuration:
  
  Go to the configuration settings in SAP and check the settings for currency translation. Ensure that the exchange rate types are defined correctly.
  Navigate to SPRO ? Financial Accounting ? General Ledger Accounting ? Currencies ? Define Exchange Rate Types to verify the settings.
  
  
  
  Set Default Values:
  
  If applicable, set default values for exchange rate type and source currency in the relevant configuration settings to avoid having to enter them manually each time.
  
  
  
  Check User Input:
  
  If the error occurs during data entry, ensure that the user is prompted to enter the required fields. You may need to adjust the screen layout or input validation settings.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources for specific guidance on the transaction you are working with, as there may be additional requirements or settings that need to be addressed.
  
  
  
  Testing:
  
  After making the necessary changes, test the transaction again to ensure that the error has been resolved.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes that may be involved in currency conversion, such as FB50 (G/L Account Document Entry) or F-02 (General Ledger Account Posting).
  SAP Notes: Check for any SAP Notes related to this error message for additional insights or patches that may address the issue.
  User Roles and Authorizations: Ensure that the user has the necessary authorizations to perform transactions involving currency conversion.
  
  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 financial accounting within SAP.