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

SAP Error Message - Details

• 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 be issues in the customizing settings related to the ledgers and company codes.
  
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Ledger Configuration:
  
  Go to the SAP Customizing Implementation Guide (IMG) and navigate to Financial Accounting (New) > General Ledger Accounting (New) > Ledger > Define Ledgers.
  Verify that the ledger in question is correctly defined and assigned to the relevant company code.
  
  
  
  Assign Ledger to Company Code:
  
  Ensure that the ledger is assigned to the company code. This can be done in the same configuration area where you define ledgers.
  
  
  
  Review Compatibility Settings:
  
  Check the compatibility settings for the ledger and ensure they align with the requirements of the company code. This includes fiscal year variants, currency settings, and other relevant parameters.
  
  
  
  Check for Customizing Errors:
  
  Review any recent changes made in the customizing settings that might have affected the ledger or company code configuration.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or notes related to this error message for any specific guidance or updates that may apply to your version of SAP.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the above points, consider reaching out to SAP support for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: You may use transaction codes like OB22 (for defining ledgers) and OB37 (for assigning ledgers to company codes) to access the relevant configuration areas.
  SAP Notes: Check for any SAP Notes that might address this specific error or provide additional troubleshooting steps.
  System Logs: Review system logs for any additional error messages or warnings that could provide more context about the issue.
  
  By following these steps, you should be able to identify and resolve the cause of the error message FINS_ACDOC_CUST344.