How To Fix FINS_IC_CUST014 - Account missing in adjustment category "&1" for CoCode &2 / ChtAccts &3

SAP Error Message - Details

• Message type: E = Error

• Message class: FINS_IC_CUST - Manage Currencies: Customizing

• Message number: 014

• Message text: Account missing in adjustment category "&1" for CoCode &2 / ChtAccts &3

What causes this issue?

For company code &V2&, the adjustment category "&V1&" in chart of
accounts &V3& is missing an account. This account is required to
eliminate balances caused by rounding differences during data processing
in the project cockpit.

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?

Maintain the missing account for chart of account &V3& and adjustment
category "&V1&" in
<DS:SIMG.FINS_IC_INFO>Managing Currencies</>.

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_IC_CUST014 - Account missing in adjustment category "&1" for CoCode &2 / ChtAccts &3 ?

  The SAP error message FINS_IC_CUST014 indicates that there is an issue with the configuration of intercompany adjustments in the system. Specifically, it means that an account is missing for the specified adjustment category in the given company code and chart of accounts.
  Cause:
  This error typically arises due to one of the following reasons:
  
  Missing Configuration: The account that should be used for the specified adjustment category is not defined in the system.
  Incorrect Customization: The adjustment category may not be properly set up in the configuration settings for intercompany accounting.
  Chart of Accounts Issues: The chart of accounts assigned to the company code may not have the necessary accounts defined for the adjustment category.
  
  Solution:
  To resolve this error, you can follow these steps:
  
  
  Check Configuration:
  
  Go to the SAP Customizing Implementation Guide (SPRO).
  Navigate to Financial Accounting (New) > Financial Accounting Global Settings > Intercompany Accounting > Define Adjustment Categories.
  Verify that the adjustment category specified in the error message has the required accounts assigned.
  
  
  
  Define Missing Accounts:
  
  If the account is indeed missing, you will need to create or assign the appropriate account in the chart of accounts.
  Ensure that the account is active and has the correct settings for the adjustment category.
  
  
  
  Review Company Code Settings:
  
  Check the settings for the company code mentioned in the error message to ensure that it is correctly configured to use the specified chart of accounts.
  
  
  
  Test the Configuration:
  
  After making the necessary changes, perform a test transaction to ensure that the error no longer occurs.
  
  
  
  Consult Documentation:
  
  If you are unsure about the correct accounts to use, refer to your organization's financial policies or consult with your finance team.
  
  
  
  Related Information:
  
  Adjustment Categories: These are used in intercompany accounting to categorize different types of adjustments that may occur between companies.
  Chart of Accounts: This is a listing of all accounts used in the general ledger of an organization, and it is crucial for proper financial reporting.
  Intercompany Accounting: This involves transactions that occur between different legal entities within the same organization, and proper configuration is essential for accurate financial reporting.
  
  If the issue persists after following these steps, it may be beneficial to consult with an SAP expert or your internal SAP support team for further assistance.