How To Fix FINS_ACDOC_CUST240 - Valuation area &1 can't use curr.type &2 with real-time conversion

SAP Error Message - Details

• Message type: E = Error

• Message class: FINS_ACDOC_CUST - Unified Journal Entry - Customizing

• Message number: 240

• Message text: Valuation area &1 can't use curr.type &2 with real-time conversion

What causes this issue?

You have defined a valuation area for use as an inception run.

System Response

Error, since the valuation method uses a currency type with real-time
conversion

How to fix this error?

If a currency type is updated in real-time, an inception run does not
make sense. If you want to set up a valuation area for an inception run,
you need to specify a currency type that is not updated in real-time. An
inception run is used to create initial values for non-real-time
currencies.
If the valuation area is not for use as an inception run, remove the
inception indicator.

Procedure for System Administrators

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

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FINS_ACDOC_CUST240 - Valuation area &1 can't use curr.type &2 with real-time conversion ?

  The SAP error message FINS_ACDOC_CUST240 indicates that there is an issue with the currency type being used in conjunction with real-time currency conversion in the context of a valuation area. This error typically arises in the Financial Accounting (FI) or Controlling (CO) modules when there is a mismatch between the configuration settings for currency types and the settings for real-time currency conversion.
  Cause:
  
  Currency Type Configuration: The currency type specified (in this case, &2) is not allowed for the valuation area specified (in this case, &1) when using real-time currency conversion.
  Valuation Area Settings: The valuation area may not be configured to support the specified currency type for real-time conversion.
  Master Data Issues: There may be inconsistencies in the master data related to the valuation area or currency settings.
  
  Solution:
  
  
  Check Configuration:
  
  Go to the configuration settings for the valuation area in the SAP system. You can do this by navigating to SPRO > Financial Accounting > Financial Accounting Global Settings > Currencies > Define Currency Types.
  Ensure that the currency type you are trying to use is allowed for the valuation area in question.
  
  
  
  Review Real-Time Conversion Settings:
  
  Check the settings for real-time currency conversion in the system. This can be found under SPRO > Financial Accounting > Financial Accounting Global Settings > Currencies > Define Real-Time Currency Conversion.
  Make sure that the currency type is correctly configured to be used with real-time conversion.
  
  
  
  Adjust Master Data:
  
  Review the master data for the relevant accounts or entities to ensure that they are set up correctly with the appropriate currency types.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help notes related to currency types and real-time conversion for additional guidance.
  
  
  
  Testing:
  
  After making the necessary changes, perform a test transaction to ensure that the error no longer occurs.
  
  
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes like OB08 (for maintaining exchange rates) or OB22 (for defining currency types) to make necessary adjustments.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional troubleshooting steps.
  User Roles: Ensure that you have the necessary authorizations to make changes to configuration settings.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a functional consultant who specializes in FI/CO configurations.