How To Fix FINS_ACDOC_CUST503 - Accounting principle &1 is assigned in company code &2 to ledger &3.

SAP Error Message - Details

• Message type: E = Error

• Message class: FINS_ACDOC_CUST - Unified Journal Entry - Customizing

• Message number: 503

• Message text: Accounting principle &1 is assigned in company code &2 to ledger &3.

What causes this issue?

You tried to assign the same accounting principle &V1& to company code
&V2& in ledger &V3& and &V4&.
This is not allowed. An accounting principle can only be assigned to one
ledger for a given company code.

System Response

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

How to fix this error?

Please change either the accounting principle of company code &V2& for
ledger &V3& or ledger &V4&.

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_CUST503 - Accounting principle &1 is assigned in company code &2 to ledger &3. ?

  The SAP error message FINS_ACDOC_CUST503 indicates that there is an issue with the assignment of accounting principles to ledgers in a specific company code. This error typically arises when there is a mismatch or misconfiguration in the settings related to accounting principles and ledgers.
  Cause:
  
  Missing Assignment: The accounting principle specified in the error message is not properly assigned to the ledger in the specified company code.
  Configuration Issues: There may be issues in the configuration settings of the ledgers or accounting principles in the Financial Accounting (FI) module.
  Inconsistent Data: There could be inconsistencies in the data related to the accounting principles and ledgers, such as incorrect entries or missing data.
  Customizing Settings: The customizing settings for the ledgers and accounting principles may not be correctly set up.
  
  Solution:
  
  
  Check Assignments:
  
  Go to the SAP Customizing Implementation Guide (IMG) and navigate to Financial Accounting (New) > General Ledger Accounting (New) > Ledger > Define Ledger.
  Verify that the accounting principle is correctly assigned to the specified ledger for the company code in question.
  
  
  
  Review Configuration:
  
  Ensure that the configuration for the accounting principles and ledgers is correctly set up. This includes checking the settings for the relevant company code and ensuring that all necessary entries are made.
  
  
  
  Adjust Customizing Settings:
  
  If there are any discrepancies in the customizing settings, make the necessary adjustments. This may involve adding or modifying assignments in the configuration.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or notes related to the specific error message for any additional guidance or updates that may be relevant.
  
  
  
  Testing:
  
  After making changes, perform tests to ensure that the error no longer occurs and that the accounting processes function as expected.
  
  
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes such as OB22 (for defining ledgers) or OBY6 (for company code settings) to access the relevant configuration settings.
  SAP Notes: Check for any SAP Notes that may address this specific error or provide additional troubleshooting steps.
  User Roles: Ensure that you have the necessary authorizations to make changes to the configuration settings in SAP.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a consultant who specializes in SAP Financial Accounting for further assistance.