How To Fix FINS_ACDOC_CUST175 - Create currency conversion settings for currency type &2, CoCode &3

SAP Error Message - Details

• Message type: E = Error

• Message class: FINS_ACDOC_CUST - Unified Journal Entry - Customizing

• Message number: 175

• Message text: Create currency conversion settings for currency type &2, CoCode &3

What causes this issue?

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

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.

Smart SAP Assistant

• What is the cause and solution for SAP error message FINS_ACDOC_CUST175 - Create currency conversion settings for currency type &2, CoCode &3 ?

  The SAP error message FINS_ACDOC_CUST175 indicates that there is a missing configuration for currency conversion settings for a specific currency type and company code. This error typically arises when you attempt to perform a financial transaction that requires currency conversion, but the necessary settings have not been defined in the system.
  Cause:
  
  Missing Currency Conversion Settings: The error occurs when the system cannot find the required currency conversion settings for the specified currency type and company code.
  Incorrect Configuration: The currency type or company code may not be properly configured in the system.
  Newly Created Company Code: If a new company code has been created, the currency conversion settings may not have been set up yet.
  
  Solution:
  To resolve this error, you need to create or adjust the currency conversion settings in the SAP system. Here are the steps to do this:
  
  
  Access the Configuration Menu:
  
  Go to the SAP Easy Access screen.
  Navigate to SPRO (SAP Project Reference Object) > SAP Reference IMG.
  
  
  
  Define Currency Conversion Settings:
  
  Follow the path: Financial Accounting (New) > General Ledger Accounting (New) > Master Data > G/L Account Master Data > Define Currency Conversion.
  Here, you can define the currency conversion settings for the required currency type and company code.
  
  
  
  Create New Settings:
  
  If the settings do not exist, create a new entry for the currency type and company code that is causing the error.
  Ensure that you specify the correct parameters, such as the currency type, company code, and any other relevant details.
  
  
  
  Check Existing Settings:
  
  If settings already exist, verify that they are correct and complete. Make any necessary adjustments.
  
  
  
  Transport Changes:
  
  If you are working in a development environment, ensure that any changes are transported to the production environment.
  
  
  
  Testing:
  
  After making the changes, test the transaction that previously caused the error to ensure that the issue has been resolved.
  
  
  
  Related Information:
  
  Currency Types: Currency types are defined in the system and can include various types such as local currency, group currency, and transaction currency.
  Company Code: A company code is a legal entity in SAP and has its own set of financial statements.
  Transaction Codes: You may use transaction codes like OB08 to maintain exchange rates or OB22 to define currency types.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP Basis or Financial Accounting team for further investigation, as there may be additional underlying issues or configurations that need to be addressed.