How To Fix FINS_ACDOC_CUST166 - FI currency &3 (type &4) new in company code &1 (see longtext)

FINS_ACDOC_CUST166 - Overview

• Message type: E = Error

• Message class: FINS_ACDOC_CUST - Unified Journal Entry - Customizing

• Message number: 166

• Message text: FI currency &3 (type &4) new in company code &1 (see longtext)

What causes this issue?

You have defined currency type &V4& as FI currency &V3& in company code
&V1&, ledger &V2& but FI currency &V3& did not exists before.
Postings exist in company code &V1&, ledger &V2&.
After this change, the existing journal entries are not longer valid.

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?

If the company code is already used in your production system, you need
to revoke this change.

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_CUST166 - FI currency &3 (type &4) new in company code &1 (see longtext) ?

  The SAP error message FINS_ACDOC_CUST166 typically relates to issues with currency settings in the Financial Accounting (FI) module, particularly when dealing with new company codes. This error indicates that there is a problem with the currency configuration for a specific company code.
  
  Cause:
  
  Currency Configuration: The error usually arises when a new company code is created, and the currency settings for that company code are not properly defined. This can happen if the currency type (e.g., local currency, document currency) is not set up correctly in the system.
  Missing Currency Type: The currency type specified in the error message (type &4) may not be defined for the company code &1.
  Inconsistent Currency Settings: There may be inconsistencies between the currency settings in the company code and the settings in the controlling area or other related configurations.
  
  
  Solution:
  
  
  Check Currency Configuration:
  
  Go to the transaction code OB22 (or use the menu path: Financial Accounting > General Ledger >