How To Fix FINS_FI_MIG347 - Error in migration of currency use for segment &1

SAP Error Message - Details

• Message type: E = Error

• Message class: FINS_FI_MIG - SAP S/4HANA Finance: Data Migration

• Message number: 347

• Message text: Error in migration of currency use for segment &1

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message FINS_FI_MIG347 - Error in migration of currency use for segment &1 ?

  The SAP error message FINS_FI_MIG347 indicates that there is an issue during the migration of currency use for a specific segment in the Financial Accounting (FI) module. This error typically arises during the migration process when moving data from an older version of SAP to a newer one, or when implementing new functionalities that require currency data to be migrated correctly.
  Cause:
  The error can be caused by several factors, including:
  
  Missing Configuration: The segment in question may not be properly configured for currency use in the system.
  Data Inconsistencies: There may be inconsistencies or missing data in the source system that prevent the migration process from completing successfully.
  Currency Settings: The currency settings for the segment may not align with the expected values in the target system.
  Authorization Issues: The user performing the migration may not have the necessary authorizations to access or modify the currency data for the segment.
  
  Solution:
  To resolve the FINS_FI_MIG347 error, you can take the following steps:
  
  
  Check Configuration:
  
  Verify that the segment is correctly configured for currency use in the target system. Ensure that all necessary settings are in place.
  
  
  
  Review Migration Data:
  
  Check the data being migrated for the specific segment. Look for any inconsistencies or missing entries that could be causing the error.
  
  
  
  Validate Currency Settings:
  
  Ensure that the currency settings for the segment match the expected values in the target system. This includes checking the currency types and their assignments.
  
  
  
  Authorization Check:
  
  Confirm that the user performing the migration has the appropriate authorizations to access and modify the currency data for the segment.
  
  
  
  Consult Migration Documentation:
  
  Review the SAP migration documentation for any specific requirements or steps that need to be followed for migrating currency data.
  
  
  
  Use Transaction Codes:
  
  Utilize relevant transaction codes (such as SCC1 for client copy or S/4HANA Migration Cockpit) to assist in the migration process and troubleshoot any issues.
  
  
  
  Check SAP Notes:
  
  Look for any relevant SAP Notes that may address this specific error or provide additional guidance on resolving it.
  
  
  
  Contact SAP Support:
  
  If the issue persists after following the above steps, consider reaching out to SAP Support for further assistance.
  
  
  
  Related Information:
  
  SAP Migration Cockpit: This tool is often used for data migration in SAP S/4HANA projects. Familiarize yourself with its functionalities and best practices.
  SAP Notes and Knowledge Base Articles: Regularly check for updates or patches that may address known issues related to migration errors.
  Training and Documentation: Ensure that your team is well-trained in the migration process and has access to the latest documentation.
  
  By following these steps, you should be able to identify the root cause of the FINS_FI_MIG347 error and implement a solution to successfully complete the migration process.