How To Fix FINS_ACDOC_CUST314 - Source currency type is empty for currency type &2 in CoCo &1

SAP Error Message - Details

• Message type: E = Error

• Message class: FINS_ACDOC_CUST - Unified Journal Entry - Customizing

• Message number: 314

• Message text: Source currency type is empty for currency type &2 in CoCo &1

What causes this issue?

In company code &V1& currency type &V2& is to be calculated from a
currency type. However no entry has been made for source currency type
in company code &V1&.

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?

Enter a currency type in the currency conversion settings for company
code &V1&.

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_CUST314 - Source currency type is empty for currency type &2 in CoCo &1 ?

  The SAP error message FINS_ACDOC_CUST314 indicates that there is an issue with the source currency type being empty for a specified currency type in a specific controlling area (CoCo). This error typically arises during the processing of financial documents, particularly in the context of controlling and financial accounting.
  Cause:
  
  Missing Configuration: The error often occurs when the currency type is not properly configured in the system. This can happen if the currency type is not defined for the controlling area or if the configuration is incomplete.
  Data Entry Issues: There may be a problem with the data entry where the currency type is not specified or is incorrectly set in the document being processed.
  Master Data Issues: The master data for the relevant financial objects (like cost centers, internal orders, etc.) may not have the necessary currency type defined.
  
  Solution:
  
  
  Check Configuration:
  
  Go to the configuration settings in SAP and verify that the currency types are correctly defined for the controlling area in question.
  Ensure that the source currency type is set up in the relevant configuration paths (e.g., in the controlling area settings).
  
  
  
  Review Document Entry:
  
  Check the document that triggered the error. Ensure that the currency type is specified correctly in the document.
  If the document is being created through a transaction, ensure that all required fields, including currency type, are filled out correctly.
  
  
  
  Master Data Verification:
  
  Review the master data for the relevant financial objects to ensure that they have the correct currency type assigned.
  If necessary, update the master data to include the appropriate currency type.
  
  
  
  Consult SAP Notes:
  
  Check the SAP Support Portal for any relevant SAP Notes that may address this specific error message. There may be patches or updates that resolve known issues.
  
  
  
  Testing:
  
  After making the necessary changes, test the process again to ensure that the error no longer occurs.
  
  
  
  Related Information:
  
  Currency Types: In SAP, currency types are used to differentiate between various currencies used in financial transactions (e.g., local currency, group currency, transaction currency).
  Controlling Area (CoCo): This is an organizational unit in SAP that represents a closed system used for cost accounting. Each controlling area can have its own currency settings.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OB08 (for currency settings) and OKKP (for controlling area settings) to navigate through the configuration.
  
  If the issue persists after following these steps, it may be beneficial to consult with an SAP functional consultant or reach out to SAP support for further assistance.