How To Fix FINS_IC_CUST027 - Currency type &1 isn't assigned to combination of ledger &2 and CoCode &3

FINS_IC_CUST027 - Overview

• Message type: E = Error

• Message class: FINS_IC_CUST - Manage Currencies: Customizing

• Message number: 027

• Message text: Currency type &1 isn't assigned to combination of ledger &2 and CoCode &3

What causes this issue?

The currency type &V1& cannot be used as a source currency type for the
currency conversion because it wasn't assigned to the combination of
ledger &V2& and company code &V3&.

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?

Select a currency type that is already assigned to the combination of
ledger &V2& and company code &V3&.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

FINS_IC_CUST027 - Details

• The SAP error message FINS_IC_CUST027 indicates that a specific currency type is not assigned to the combination of a ledger and a company code. This error typically arises in the context of financial transactions, particularly when dealing with intercompany transactions or when configuring financial settings in SAP.
  
  Cause:
  The error occurs due to one of the following reasons:
  
  Missing Configuration: The currency type specified in the error message is not configured for the specified ledger and company code combination in the system.
  Incorrect Settings: There may be incorrect settings in the configuration of the financial accounting module, particularly in the area of currency settings.
  Data Entry Error: The currency type being used in a transaction may not be valid for the specified ledger and company code.
  
  
  Solution:
  To resolve the error, you can follow these steps:
  
  
  Check Currency Type Configuration:
  
  Go to the SAP transaction code OB22 (or navigate through the menu: SPRO > Financial Accounting > Financial Accounting