How To Fix FINS_ACDOC_CUST174 - Please create global currency conversion setting for currency type &2

FINS_ACDOC_CUST174 - Overview

• Message type: E = Error

• Message class: FINS_ACDOC_CUST - Unified Journal Entry - Customizing

• Message number: 174

• Message text: Please create global currency conversion setting for currency type &2

What causes this issue?

Currency type &V2& is the corresponding currency type in legal valuation
of &V1&. If you create currency conversion settings for currency type
&V1&, you have to create currency conversion settings for currency type
&V2&, too.

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?

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

FINS_ACDOC_CUST174 - Details

• The SAP error message FINS_ACDOC_CUST174 indicates that there is a missing configuration for global currency conversion settings for a specific currency type in the system. This error typically arises when you are trying to perform financial transactions that require currency conversion, but the necessary settings have not been defined.
  
  Cause:
  The error occurs because:
  
  The global currency conversion settings for the specified currency type (indicated by &2 in the error message) have not been created or are incomplete.
  The system requires these settings to convert amounts from one currency to another during financial postings or reporting.
  
  
  Solution:
  To resolve this error, you need to create the necessary global currency conversion settings. Here are the steps to do so:
  
  
  Access the Configuration Menu:
  
  Go to the SAP Easy Access screen.
  Navigate to the following path: SPRO -> SAP Reference IMG -> Financial Accounting (New) -> Financial Accounting Global Settings -> Currencies -> Define Global Currency Conversion
  
  
  
  
  Define Global Currency Conversion:
  
  In the