How To Fix FINS_ACDOC_CUST344 - Ledger &1 cannot be used as compat. view ledger for CoCode &2, &3

FINS_ACDOC_CUST344 - Overview

• Message type: E = Error

• Message class: FINS_ACDOC_CUST - Unified Journal Entry - Customizing

• Message number: 344

• Message text: Ledger &1 cannot be used as compat. view ledger for CoCode &2, &3

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</> = <LS>&V3&</>.

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 &V4&.
This means that this ledger can't be assigned as ledger for
compatibility views in Controlling. These views need to have the amounts
for all transfer price valuation views in this ledger.

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_CUST344 - Ledger &1 cannot be used as compat. view ledger for CoCode &2, &3 ?

  The SAP error message FINS_ACDOC_CUST344 indicates that there is an issue with the compatibility of a ledger in relation to a company code. Specifically, the message states that the specified ledger cannot be used as a compatibility view ledger for the given company code.
  
  Cause:
  This error typically arises due to one or more of the following reasons:
  
  
  Incompatible Ledger Settings: The ledger you are trying to use may not be configured correctly for the specified company code. This can happen if the ledger is not assigned to the company code or if the settings do not match the requirements for compatibility.
  
  
  Missing Configuration: The ledger may not have been set up properly in the system, or it may not be activated for the company code in question.
  
  
  Incorrect Ledger Type: The ledger type may not be compatible with the company code's settings, such as the fiscal year variant or currency settings.
  
  
  Customizing Issues: There may