How To Fix FINS_IC_CUST030 - Ledger &1 and company code &2 don't use crcy type &3 for target crcy &4

SAP Error Message - Details

• Message type: E = Error

• Message class: FINS_IC_CUST - Manage Currencies: Customizing

• Message number: 030

• Message text: Ledger &1 and company code &2 don't use crcy type &3 for target crcy &4

What causes this issue?

In the project configuration, currency type &V3& is specified for the
target currency &V4&. This currency type must be the same as the
currency type used in the settings for the combination of ledger &V1&
and company code &V2&.

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?

You can check and adjust the currency type of target currency &V4& for
the combination of ledger &V1& and company code &V2& in the Customizing
activity
<DS:SIMG.FINSVC_LEDGER_IC>Define Settings for Currency Types</>.

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_CUST030 - Ledger &1 and company code &2 don't use crcy type &3 for target crcy &4 ?

  The SAP error message FINS_IC_CUST030 indicates that there is a configuration issue related to currency types in the context of intercompany transactions. Specifically, it means that the specified ledger and company code do not use the specified currency type for the target currency.
  Cause:
  
  Currency Type Configuration: The currency type specified in the error message is not configured for the given ledger and company code. This can happen if the currency type is not set up in the configuration for the specific ledger or company code.
  Incorrect Settings: The settings for the currency types in the financial accounting configuration may not align with the requirements for intercompany transactions.
  Missing Entries: There may be missing entries in the configuration tables that link the currency types to the respective ledgers and company codes.
  
  Solution:
  
  
  Check Currency Type Configuration:
  
  Go to the configuration settings in SAP (Transaction Code: SPRO).
  Navigate to Financial Accounting (New) > Financial Accounting Global Settings (New) > Currencies > Define Currency Types.
  Ensure that the currency type in question is correctly defined for the relevant company code and ledger.
  
  
  
  Verify Company Code and Ledger Settings:
  
  Check the settings for the specific company code and ledger to ensure that they are configured to use the required currency type.
  You can do this by navigating to Financial Accounting (New) > General Ledger Accounting (New) > Master Data > G/L Accounts > Preparation > Define G/L Account Creation.
  
  
  
  Adjust Intercompany Settings:
  
  If this error occurs during intercompany postings, ensure that the intercompany settings are correctly configured to allow the use of the specified currency type.
  Check the settings under Financial Accounting (New) > Intercompany Accounting.
  
  
  
  Testing:
  
  After making the necessary adjustments, perform a test transaction to ensure that the error no longer occurs.
  
  
  
  Related Information:
  
  Transaction Codes: You may find it useful to use transaction codes such as OB08 (for maintaining exchange rates) and OB22 (for defining currency types) to check and adjust currency settings.
  Documentation: Refer to SAP Help documentation for detailed guidance on configuring currency types and intercompany accounting.
  Support: If the issue persists after checking the configurations, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  By following these steps, you should be able to resolve the error message FINS_IC_CUST030 and ensure that your currency configurations are correctly set up for intercompany transactions.