How To Fix FINS_ACDOC_CUST284 - Crcy types of ledger &1/CoCode &2 don't contain val. view "group val."

SAP Error Message - Details

• Message type: E = Error

• Message class: FINS_ACDOC_CUST - Unified Journal Entry - Customizing

• Message number: 284

• Message text: Crcy types of ledger &1/CoCode &2 don't contain val. view "group val."

What causes this issue?

You tried to assign a currency type representing the valuation view
?group valuation? to the combination of ledger &V1& and company &V2&.
But this currency type has not been defined in the currency and
valuation profile.

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?

Go to Customizing activity <DS:SIMG.FINSVC_LEDGER> Define Settings for
Ledgers and Currency Types</>. Assign a currency type to the combination
of ledger &V1& and company &V2& which represents the valuation view
"group valuation" and which is available in the currency and valuation
profile.

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_CUST284 - Crcy types of ledger &1/CoCode &2 don't contain val. view "group val." ?

  The SAP error message FINS_ACDOC_CUST284 indicates that there is an issue with the currency types in the specified ledger and company code. Specifically, it states that the currency types for the ledger and company code do not contain a valid view for "group valuation." This typically occurs in the context of financial accounting and controlling, particularly when dealing with multiple currencies and valuation methods.
  Cause:
  
  Missing Configuration: The currency types for the specified ledger and company code may not be properly configured to include a "group valuation" view.
  Incorrect Ledger Settings: The ledger settings may not be aligned with the requirements for group valuation, which is often used for consolidated financial reporting.
  Inconsistent Data: There may be inconsistencies in the data setup for the currency types, leading to the absence of the required view.
  
  Solution:
  
  
  Check Configuration:
  
  Go to the configuration settings in SAP (Transaction Code: SPRO).
  Navigate to Financial Accounting (New) > General Ledger Accounting (New) > Master Data > G/L Accounts > Preparation > Define Currency Types.
  Ensure that the currency types for the specified ledger and company code include the "group valuation" view.
  
  
  
  Adjust Ledger Settings:
  
  Verify the settings for the ledger in question (Transaction Code: OB22).
  Ensure that the ledger is set up to support group valuation and that the necessary currency types are assigned.
  
  
  
  Review Company Code Settings:
  
  Check the company code settings (Transaction Code: OX02) to ensure that the currency types are correctly defined and that the group valuation is included.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources for specific guidance on configuring currency types and ledgers.
  
  
  
  Testing:
  
  After making the necessary adjustments, perform a test transaction to ensure that the error no longer occurs.
  
  
  
  Related Information:
  
  Currency Types: In SAP, currency types are used to define how different currencies are handled in financial transactions. Common types include local currency, group currency, and hard currency.
  Group Valuation: This is a method used in financial reporting to consolidate financial data across different company codes and currencies, allowing for a unified view of financial performance.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as SPRO (Customizing), OB22 (Define Ledgers), and OX02 (Company Code Configuration) for troubleshooting and configuration.
  
  If the issue persists after following these steps, it may be beneficial to consult with an SAP functional consultant or your organization's SAP support team for further assistance.