How To Fix FINS_ACDOC_POST032 - Open-item managed accounts cannot be used for currency type &

SAP Error Message - Details

• Message type: E = Error

• Message class: FINS_ACDOC_POST - FIN UDoc posting: Message from posting

• Message number: 032

• Message text: Open-item managed accounts cannot be used for currency type &

What causes this issue?

For postings using currency type &V1&, it is not possible to use
open-item managed accounts.

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?

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_POST032 - Open-item managed accounts cannot be used for currency type & ?

  The SAP error message FINS_ACDOC_POST032 indicates that there is an issue with posting to open-item managed accounts when using a specific currency type. This error typically arises in the context of financial accounting, particularly when dealing with accounts that are set up to manage open items (like accounts receivable or accounts payable) and when there is a mismatch or restriction related to currency types.
  Cause:
  
  Currency Type Restrictions: The account you are trying to post to may not be configured to handle the specified currency type. For example, if the account is set up for local currency only, and you are trying to post in a foreign currency, this error will occur.
  Account Configuration: The account may not be set up correctly in the system to allow postings in the currency type you are using.
  Transaction Type: The type of transaction you are trying to post may not be compatible with the currency type for the open-item managed account.
  Document Type: Certain document types may have restrictions on the currencies that can be used.
  
  Solution:
  
  Check Account Configuration: Review the configuration of the account in question. Ensure that it is set up to allow postings in the currency type you are trying to use. This can be done in the account master data.
  Use Correct Currency: If the account is restricted to a specific currency type, ensure that you are using the correct currency for your posting.
  Review Transaction and Document Types: Check if the transaction type and document type you are using allow for the currency type in question. You may need to adjust your posting or use a different document type.
  Consult with Finance Team: If you are unsure about the account settings or the appropriate currency to use, consult with your finance or accounting team for guidance.
  SAP Notes and Documentation: Check SAP Notes or the official SAP documentation for any specific guidance or updates related to this error message.
  
  Related Information:
  
  Open Item Management: This is a feature in SAP that allows for tracking of individual items in accounts, particularly useful for accounts receivable and accounts payable.
  Currency Types: In SAP, currency types can include local currency, group currency, and transaction currency. Each account can be configured to accept specific types.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as FS00 (to view or change account master data) and FB50 (to post general ledger entries) to troubleshoot and resolve issues.
  
  If the problem persists after checking these areas, it may be beneficial to engage with your SAP support team or consult SAP's support resources for further assistance.