How To Fix FINS_ACDOC_CUST348 - Ledger &1 is an extension ledger (CoCode &2 / acctg principle &3)

SAP Error Message - Details

• Message type: E = Error

• Message class: FINS_ACDOC_CUST - Unified Journal Entry - Customizing

• Message number: 348

• Message text: Ledger &1 is an extension ledger (CoCode &2 / acctg principle &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 for
Controlling for company code &V2&, accounting principle &V3&, and
<LS>Excl. Update</> = &V4&.

System Response

Ledger &V1& has ledger type <LS>Extension Ledger</>. You can't assign an
extension ledger here.

How to fix this error?

Please enter a ledger with ledger type <LS>Standard Ledger</>.
You can check the ledger type using
<DS:TRAN.FINSC_LEDGER>transaction FINSC_LEDGER</>.

Procedure for System Administrators

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

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FINS_ACDOC_CUST348 - Ledger &1 is an extension ledger (CoCode &2 / acctg principle &3) ?

  The SAP error message FINS_ACDOC_CUST348 indicates that you are trying to perform an operation that is not allowed on an extension ledger. This error typically occurs in the context of financial accounting when dealing with ledgers in SAP S/4HANA, particularly when working with extension ledgers that are linked to a specific company code and accounting principle.
  Cause:
  
  Extension Ledger: The error message specifies that the ledger you are trying to use is an extension ledger. Extension ledgers are used to create additional reporting views or to accommodate specific accounting requirements without affecting the underlying leading ledger.
  Incompatible Operations: Certain operations, such as posting transactions or executing specific reports, may not be allowed on extension ledgers. This is because extension ledgers are designed to complement the leading ledger rather than serve as standalone ledgers.
  
  Solution:
  
  Check Ledger Type: Verify that you are using the correct ledger for the operation you are trying to perform. If the operation is intended for the leading ledger, switch to that ledger instead.
  Review Configuration: Ensure that the extension ledger is properly configured in the system. Check the settings in the Financial Accounting (FI) module to confirm that the extension ledger is set up correctly for the intended use.
  Use Leading Ledger: If you need to perform a posting or transaction that is not allowed on the extension ledger, consider using the leading ledger instead. This may involve changing the ledger in your transaction or report.
  Consult Documentation: Refer to SAP documentation or help resources for specific guidelines on working with extension ledgers. This can provide insights into what operations are permissible and how to handle them correctly.
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional context on working with extension ledgers.
  Transaction Codes: Familiarize yourself with transaction codes related to ledger management, such as OB22 (Define Ledgers) and FAGL3 (Display General Ledger Account).
  Training and Support: If you are unsure about how to proceed, consider reaching out to your SAP support team or consulting with an SAP expert who can provide guidance based on your specific configuration and requirements.
  
  By following these steps, you should be able to resolve the error and understand the limitations associated with extension ledgers in SAP.