How To Fix FINS_ACDOC_CUST317 - Conversion settings for Currency type &1 not defined

SAP Error Message - Details

• Message type: E = Error

• Message class: FINS_ACDOC_CUST - Unified Journal Entry - Customizing

• Message number: 317

• Message text: Conversion settings for Currency type &1 not defined

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message FINS_ACDOC_CUST317 - Conversion settings for Currency type &1 not defined ?

  The SAP error message FINS_ACDOC_CUST317 indicates that there are missing conversion settings for a specific currency type in the system. This error typically arises when the system attempts to process financial documents that involve currency conversion, but the necessary configuration for that currency type is not defined.
  Cause:
  
  Missing Configuration: The currency type specified in the error message does not have conversion settings defined in the system.
  Incorrect Currency Type: The currency type being used may not be valid or recognized in the current configuration.
  Customizing Issues: There may be issues in the customizing settings related to currency conversion.
  
  Solution:
  To resolve this error, you can follow these steps:
  
  
  Check Currency Type Configuration:
  
  Go to the SAP transaction code OB08 (or the relevant transaction for maintaining exchange rates).
  Verify if the currency type mentioned in the error message is defined and has the necessary conversion settings.
  
  
  
  Define Conversion Settings:
  
  If the currency type is missing, you will need to define it. This can typically be done in the customizing settings under Financial Accounting (FI) > General Ledger Accounting > Master Data > G/L Accounts > Preparation > Define Currency Types.
  Ensure that the conversion settings for the currency type are correctly set up.
  
  
  
  Check for Valid Exchange Rates:
  
  Ensure that there are valid exchange rates maintained for the currency type in question. You can check this in the same transaction (OB08) or through the relevant exchange rate maintenance transaction.
  
  
  
  Review Customizing Settings:
  
  If you have recently made changes to the customizing settings, review those changes to ensure that they did not inadvertently affect the currency type settings.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for more detailed guidance on configuring currency types and conversion settings.
  
  
  
  Testing:
  
  After making the necessary changes, test the transaction again to ensure that the error is resolved.
  
  
  
  Related Information:
  
  Currency Types: Currency types in SAP are used to define how different currencies are treated in financial transactions. Common currency types include local currency, group currency, and transaction currency.
  Exchange Rate Types: Different exchange rate types can be defined for various purposes, such as average rates, spot rates, etc.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance on currency configuration.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a consultant who specializes in SAP Financials for further assistance.