How To Fix FINS_IC401 - Currencies were changed in fiscal year &1 for &2/&3 by &4.

SAP Error Message - Details

• Message type: E = Error

• Message class: FINS_IC - Manage Currencies

• Message number: 401

• Message text: Currencies were changed in fiscal year &1 for &2/&3 by &4.

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message FINS_IC401 - Currencies were changed in fiscal year &1 for &2/&3 by &4. ?

  The SAP error message FINS_IC401 indicates that there has been a change in currencies for a specific fiscal year and period. This error typically arises in the context of intercompany transactions or financial postings where currency settings have been modified after the fiscal year has already been closed or processed.
  Cause:
  
  
  Currency Change: The error occurs when there is a change in the currency settings for a specific fiscal year and period. This could happen due to:
  
  Changes in the exchange rate type.
  Modifications in the currency settings in the configuration.
  Manual adjustments made to the currency settings after postings have been made.
  
  
  
  Posting in Closed Periods: If there are attempts to post transactions in a fiscal year or period that has already been closed, and the currency settings have been altered, this error can be triggered.
  
  
  Intercompany Transactions: In intercompany scenarios, if one company code has different currency settings than another, it can lead to inconsistencies and trigger this error.
  
  
  Solution:
  
  
  Review Currency Settings: Check the currency settings in the configuration for the affected fiscal year and period. Ensure that no changes have been made that could affect the postings.
  
  
  Check for Open Periods: Ensure that you are not trying to post in a closed period. If necessary, reopen the period for adjustments, but be cautious as this can affect financial reporting.
  
  
  Adjust Exchange Rates: If the error is related to exchange rates, ensure that the correct exchange rates are maintained in the system for the relevant periods.
  
  
  Consult with Finance Team: Collaborate with your finance team to understand the implications of changing currency settings and ensure that all necessary adjustments are made in compliance with accounting standards.
  
  
  Transaction Logs: Review transaction logs to identify any recent changes made to currency settings that could have triggered the error.
  
  
  SAP Notes: Check for any relevant SAP Notes or updates that may address this specific error message. SAP frequently releases updates that may resolve known issues.
  
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes like OB08 (for maintaining exchange rates) or OBY6 (for fiscal year settings) to review and adjust settings.
  Documentation: Refer to SAP documentation for detailed guidance on managing currencies and fiscal year settings.
  Support: If the issue persists, consider reaching out to SAP support for assistance, providing them with the error message details and any relevant transaction logs.
  
  By following these steps, you should be able to identify the cause of the FINS_IC401 error and implement a solution to resolve it.