How To Fix FINS_IC_CUST023 - Changes were found related to currency type &1

SAP Error Message - Details

• Message type: E = Error

• Message class: FINS_IC_CUST - Manage Currencies: Customizing

• Message number: 023

• Message text: Changes were found related to currency type &1

What causes this issue?

The settings for currency types were changed after the preparation phase
of the project was completed.
Differences were found related to currency type &V1&. This currency type
is either new or it has been deleted.

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_IC_CUST023 - Changes were found related to currency type &1 ?

  The SAP error message FINS_IC_CUST023 indicates that there are changes related to a specific currency type in the intercompany (IC) accounting process. This error typically arises when there are inconsistencies or discrepancies in the currency settings or configurations between different company codes involved in intercompany transactions.
  Cause:
  
  Currency Type Mismatch: The error often occurs when there is a mismatch in the currency types defined for the involved company codes. For example, if one company code is set to use a different currency type than another, it can lead to this error.
  Configuration Issues: There may be issues in the configuration of the intercompany settings, such as the currency type settings in the financial accounting module.
  Data Entry Errors: Incorrect data entry during transaction processing can also lead to this error, especially if the currency type is not correctly specified.
  
  Solution:
  
  
  Check Currency Type Settings:
  
  Go to the configuration settings for the company codes involved in the intercompany transaction.
  Ensure that the currency types are consistent across the company codes. You can check this in the transaction code OB22 (Define Currency Types).
  
  
  
  Review Intercompany Configuration:
  
  Verify the intercompany settings in the configuration. This can be done in the transaction code SPRO (SAP Reference IMG) under Financial Accounting > Accounts Receivable and Accounts Payable > Intercompany Accounting.
  Ensure that the settings for currency types are correctly defined.
  
  
  
  Transaction Data Review:
  
  Review the transaction data that triggered the error. Check if the currency type is correctly specified and matches the expected values for both company codes.
  If necessary, correct any discrepancies in the transaction data.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or notes related to intercompany accounting and currency types for additional guidance and best practices.
  
  
  
  Testing:
  
  After making the necessary adjustments, perform a test transaction to ensure that the error no longer occurs.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OB22 for currency types, SPRO for configuration, and FB50 or FB01 for posting transactions.
  SAP Notes: Check for any SAP Notes that may address this specific error or provide additional troubleshooting steps.
  User Roles: Ensure that users have the appropriate roles and authorizations to make changes to currency settings and intercompany configurations.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a functional consultant who specializes in financial accounting and intercompany processes.