How To Fix FINS_ACDOC_CUST343 - Ledger &1 cannot be used as compat. view ledger for CoCode &2

SAP Error Message - Details

• Message type: E = Error

• Message class: FINS_ACDOC_CUST - Unified Journal Entry - Customizing

• Message number: 343

• Message text: Ledger &1 cannot be used as compat. view ledger for CoCode &2

What causes this issue?

In the Customizing settings for
<DS:SIMG.V_FCML_MLCO_COFI>Multiple Accounting Principles in Controlling
(COGM)</>, you entered ledger &V1& as compatibility view ledger in
company code &V2& for <LS>Update Exclusively in Leading or Parallel
Version</> = 1 (that is, exclusively to leading version, valuation 0).

System Response

You are not allowed to do this. In Customizing activity
<DS:SIMG.FINSVC_LEDGER> Define Settings for Ledgers and Currency Types
</>, this ledger is assigned to valuation view &V3&, which is different
from the <DS:SIMG.SIMG_CFMENUORK3OKEQ>valuation &V4& of the version 000
</>.

How to fix this error?

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

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_CUST343 - Ledger &1 cannot be used as compat. view ledger for CoCode &2 ?

  The SAP error message FINS_ACDOC_CUST343 indicates that a specific ledger cannot be used as a compatibility view ledger for a given company code. This error typically arises in the context of Financial Accounting (FI) and the use of ledgers in the New General Ledger (New GL) functionality.
  Cause:
  The error can occur due to several reasons:
  
  Incompatible Ledger Settings: The ledger specified in the error message may not be configured correctly for the company code. This could be due to settings that do not align with the requirements for compatibility views.
  Missing Configuration: The ledger may not be assigned to the company code in the configuration settings.
  Incorrect Ledger Type: The ledger type may not be compatible with the requirements for the company code.
  Data Migration Issues: If you are migrating data from an older version of SAP or from another system, there may be inconsistencies in how ledgers are defined.
  
  Solution:
  To resolve the error, you can take the following steps:
  
  
  Check Ledger Configuration:
  
  Go to the configuration settings for the ledgers in the SAP system (Transaction Code: OB22).
  Ensure that the ledger in question is properly configured and assigned to the relevant company code.
  
  
  
  Verify Compatibility View Settings:
  
  Check if the ledger is set up as a compatibility view ledger. This can be done in the New GL settings.
  Ensure that the ledger is marked as a compatibility view ledger if it is intended to be used in that capacity.
  
  
  
  Review Company Code Settings:
  
  Ensure that the company code is correctly set up to use the specified ledger.
  Check if the company code has the necessary settings to allow the use of the ledger.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or notes related to the specific error message for any additional guidance or updates.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the above settings, consider reaching out to SAP support for further assistance. They may provide specific notes or patches that address the issue.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OB22 (for ledger configuration) and OBY6 (for company code settings).
  SAP Notes: Search for SAP Notes related to FINS_ACDOC_CUST343 for any known issues or fixes.
  New GL Functionality: Understanding the New General Ledger functionality and its requirements can help in troubleshooting similar issues in the future.
  
  By following these steps, you should be able to identify the root cause of the error and implement the necessary changes to resolve it.