How To Fix FINS_IC_CUST035 - Currency type &1 can be used only once for ledger &2 / comp. code &3.

FINS_IC_CUST035 - Overview

• Message type: E = Error

• Message class: FINS_IC_CUST - Manage Currencies: Customizing

• Message number: 035

• Message text: Currency type &1 can be used only once for ledger &2 / comp. code &3.

What causes this issue?

Currency type &V1& is used several times in the currency settings for
the combination of ledger &V2& and company code &V3&. In the project
<LS>Manage Currencies</>, currency type &V1& can be used only once for
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?

You can check and adjust the currency types that are used in the project
configuration and for the combination of ledger &V2& and company code
&V3& 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.

FINS_IC_CUST035 - Details

• The SAP error message FINS_IC_CUST035 indicates that a specific currency type is being used more than once for a particular ledger and company code combination. This error typically arises in the context of intercompany accounting or when configuring currency settings in SAP.
  
  Cause:
  The error occurs when:
  
  You have defined the same currency type (e.g., local currency, group currency, etc.) multiple times for the same ledger and company code in the configuration settings.
  The system expects each currency type to be unique for a given ledger and company code combination.
  
  
  Solution:
  To resolve this error, you can follow these steps:
  
  
  Check Configuration Settings:
  
  Go to the configuration settings for the ledger and company code in question.
  Navigate to the path: Financial Accounting (New) > Financial Accounting Global Settings (New) > Ledgers > Define Ledgers.
  Review the currency types assigned to the ledger and company code.
  
  
  
  Identify Duplicate Entries:
  
  Look for any duplicate entries of currency types for the same ledger and company