How To Fix FINS_ACDOC_CUST147 - Currency type &1 can't be used in currency conversion for CCode &2

SAP Error Message - Details

• Message type: E = Error

• Message class: FINS_ACDOC_CUST - Unified Journal Entry - Customizing

• Message number: 147

• Message text: Currency type &1 can't be used in currency conversion for CCode &2

What causes this issue?

Currency type &V1& is defined as company code independent. You have
defined currency conversion settings for it in company code &V2&. This
is not allowed.

System Response

The data can't be saved.

How to fix this error?

Correct the data.

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_CUST147 - Currency type &1 can't be used in currency conversion for CCode &2 ?

  The SAP error message FINS_ACDOC_CUST147 indicates that there is an issue with the currency type being used in a currency conversion for a specific company code. This error typically arises in the context of financial accounting and reporting when the system encounters a currency type that is not valid for the specified company code.
  Cause:
  
  Invalid Currency Type: The currency type specified (represented by &1 in the error message) is not configured for use in the currency conversion for the given company code (represented by &2).
  Configuration Issues: The currency type may not be set up correctly in the system, or it may not be allowed for the specific company code in the currency conversion settings.
  Missing Master Data: The necessary master data for the currency type or company code may be missing or incorrectly maintained.
  Transaction Type Restrictions: Certain transaction types may restrict the use of specific currency types.
  
  Solution:
  
  
  Check Currency Type Configuration:
  
  Go to the transaction code OB08 (Maintain Exchange Rates) and verify that the currency type is correctly defined.
  Ensure that the currency type is allowed for the company code in question.
  
  
  
  Review Company Code Settings:
  
  Use transaction code OBY6 to check the settings for the company code. Ensure that the currency type is included in the configuration for that company code.
  
  
  
  Adjust Currency Conversion Settings:
  
  Check the settings for currency conversion in the relevant configuration area (e.g., transaction code OBY6 or OBY7). Ensure that the currency type is included in the conversion settings.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help files related to currency types and conversions to ensure compliance with best practices.
  
  
  
  Check for Missing Master Data:
  
  Ensure that all necessary master data related to the currency type and company code is correctly maintained.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the above configurations, consider reaching out to SAP support for further assistance.
  
  
  
  Related Information:
  
  Currency Types: Currency types in SAP are used to define how currencies are treated in financial transactions. Common currency types include:
  
  10: Transaction currency
  20: Group currency
  30: Hard currency
  
  
  Transaction Codes:
  
  OB08: Maintain Exchange Rates
  OBY6: Company Code Global Settings
  OBY7: Currency Conversion Settings
  
  
  SAP Notes: Check for any relevant SAP Notes that may address known issues or provide additional guidance on this error message.
  
  By following these steps, you should be able to identify and resolve the issue related to the FINS_ACDOC_CUST147 error message in SAP.