How To Fix FINS_ACDOC_CUST120 - Bus. func. Parallel Valuation of Cost of Goods Manufactured not allowed

SAP Error Message - Details

• Message type: E = Error

• Message class: FINS_ACDOC_CUST - Unified Journal Entry - Customizing

• Message number: 120

• Message text: Bus. func. Parallel Valuation of Cost of Goods Manufactured not allowed

What causes this issue?

The journal entry has been activated.
The business function "Parallel Valuation of Costs of Goods
Manufactured" has also been activated and is used at least in company
&v1&.

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

System Response

You can't use both functions at the same time. The document can't be
posted.

How to fix this error?

Please consolidate your ledger configuration.

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_CUST120 - Bus. func. Parallel Valuation of Cost of Goods Manufactured not allowed ?

  The SAP error message FINS_ACDOC_CUST120 indicates that there is an issue with the parallel valuation of Cost of Goods Manufactured (COGM) in the context of Financial Accounting and Controlling (FI/CO) modules. This error typically arises when the system is configured to handle multiple valuation methods (such as IFRS and local GAAP) but encounters a situation where the parallel valuation is not allowed for the specific transaction or configuration.
  Cause:
  
  Configuration Issues: The error often stems from incorrect configuration in the controlling area or the valuation methods. If the system is set up to use multiple valuation methods, but the transaction does not support it, this error can occur.
  Transaction Type: The specific transaction type being processed may not support parallel valuation, leading to this error.
  Master Data Settings: The master data for materials or cost centers may not be set up correctly to allow for parallel valuation.
  Customizing Settings: There may be settings in the customizing that restrict the use of parallel valuation for certain types of transactions.
  
  Solution:
  
  Check Configuration: Review the configuration settings in the controlling area to ensure that parallel valuation is correctly set up. This includes checking the valuation methods and ensuring they are properly assigned.
  Review Transaction Type: Ensure that the transaction type being processed supports parallel valuation. If it does not, you may need to adjust the transaction or use a different one that does.
  Master Data Review: Check the master data for the relevant materials or cost centers to ensure they are configured to allow for parallel valuation.
  Consult Documentation: Refer to SAP documentation or notes related to the error message for specific guidance on resolving the issue.
  SAP Notes: Search for relevant SAP Notes that may address this specific error. SAP frequently releases notes that provide fixes or workarounds for known issues.
  Testing: After making changes, perform testing to ensure that the error no longer occurs and that the system behaves as expected.
  
  Related Information:
  
  SAP Help Portal: The SAP Help Portal provides documentation on configuring parallel valuation and handling COGM.
  SAP Community: Engaging with the SAP Community can provide insights from other users who may have encountered and resolved similar issues.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OX19 (for controlling area settings) and OKEQ (for valuation methods) to navigate the configuration settings effectively.
  
  If the issue persists after following these steps, it may be beneficial to consult with an SAP expert or your organization's SAP support team for further assistance.