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

SAP Error Message - Details

• 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.

Smart SAP Assistant

• What is the cause and solution for SAP error message FINS_IC_CUST035 - Currency type &1 can be used only once for ledger &2 / comp. code &3. ?

  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 code.
  Ensure that each currency type is assigned only once.
  
  
  
  Modify or Remove Duplicates:
  
  If you find duplicates, modify the configuration to ensure that each currency type is unique for the specified ledger and company code.
  Save the changes and exit the configuration.
  
  
  
  Test the Changes:
  
  After making the necessary adjustments, test the transaction or process that triggered the error to ensure that it no longer occurs.
  
  
  
  Consult Documentation:
  
  If you are unsure about the correct configuration, refer to SAP documentation or consult with your SAP functional consultant for guidance.
  
  
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes like OB22 (for defining currency types) or OBY6 (for company code settings) to access the relevant configuration areas.
  SAP Notes: Check for any relevant SAP Notes that might address this specific error or provide additional context.
  Intercompany Settings: If this error is related to intercompany transactions, ensure that the intercompany settings are correctly configured in the system.
  
  By following these steps, you should be able to resolve the FINS_IC_CUST035 error and ensure that your currency configurations are set up correctly.