How To Fix FINS_ACDOC_CUST356 - No valuation profile assigned to CO area &1 (Ledger &2 CCode &3)

FINS_ACDOC_CUST356 - Overview

• Message type: E = Error

• Message class: FINS_ACDOC_CUST - Unified Journal Entry - Customizing

• Message number: 356

• Message text: No valuation profile assigned to CO area &1 (Ledger &2 CCode &3)

What causes this issue?

A currency type that represents a valuation view has been assigned to
company code &V3& in ledger &V2&. However, no currency and valuation
profile has been assigned to controlling area &V1&.

System Response

The system displays an error.

How to fix this error?

If you want to use valuation currency types, you need to assign a
profile to the controlling area.

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_CUST356 - No valuation profile assigned to CO area &1 (Ledger &2 CCode &3) ?

  The SAP error message FINS_ACDOC_CUST356 indicates that there is no valuation profile assigned to a controlling (CO) area for a specific ledger and company code. This error typically arises during the posting of financial transactions when the system cannot determine how to value the transactions for the specified controlling area.
  
  Cause:
  
  Missing Valuation Profile: The primary cause of this error is that the controlling area does not have a valuation profile assigned. Valuation profiles are necessary for determining how costs and revenues are valued in the controlling area.
  
  Configuration Issues: There may be issues in the configuration settings of the controlling area, ledger, or company code.
  Inconsistent Settings: The settings for the controlling area, ledger, and company code may not be consistent or properly linked.
  
  
  Solution:
  To resolve this error, you can follow these steps:
  
  
  Check Valuation Profile Assignment:
  
  Go to the SAP transaction code OKKP (Controlling Area) and check the settings for the controlling area in question.
  Ensure