How To Fix FINS_IC_CUST043 - Target crcy &1 doesn't exist in currency settings (ledger &2 / CoCode &3)

SAP Error Message - Details

• Message type: E = Error

• Message class: FINS_IC_CUST - Manage Currencies: Customizing

• Message number: 043

• Message text: Target crcy &1 doesn't exist in currency settings (ledger &2 / CoCode &3)

What causes this issue?

For the freely defined currencies 1 ? 8, the existence of the target
currency is checked in the ledger settings.

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 view and modify your currency and ledger settings 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_CUST043 - Target crcy &1 doesn't exist in currency settings (ledger &2 / CoCode &3) ?

  The SAP error message FINS_IC_CUST043 indicates that there is an issue with the currency settings in the system. Specifically, it means that the target currency specified in the transaction does not exist in the currency settings for the specified ledger and company code.
  Cause:
  
  Missing Currency Configuration: The target currency (denoted as &1 in the error message) is not defined in the currency settings for the specified ledger (denoted as &2) and company code (denoted as &3).
  Incorrect Currency Code: The currency code used in the transaction might be incorrect or misspelled.
  Inconsistent Settings: There may be inconsistencies in the configuration of the currency settings across different ledgers or company codes.
  
  Solution:
  
  
  Check Currency Configuration:
  
  Go to the transaction code OB22 (or the relevant configuration path) to check the currency settings for the specified ledger and company code.
  Ensure that the target currency is defined in the currency settings.
  
  
  
  Add Missing Currency:
  
  If the target currency is not listed, you will need to add it. This can typically be done in the same configuration area where you checked the settings.
  Make sure to save your changes.
  
  
  
  Verify Transaction Data:
  
  Double-check the transaction data to ensure that the correct currency code is being used. Look for any typos or incorrect entries.
  
  
  
  Check for Consistency:
  
  Ensure that the currency settings are consistent across all relevant ledgers and company codes. If you have multiple ledgers, make sure that the target currency is defined for each one as needed.
  
  
  
  Consult Documentation:
  
  If you are unsure about the configuration steps, refer to SAP documentation or consult with your SAP Basis or Finance team for assistance.
  
  
  
  Related Information:
  
  Transaction Codes: 
  
  OB22: Configuration for currency settings.
  OB08: Maintain exchange rates, if applicable.
  
  
  SAP Notes: Check for any relevant SAP Notes that might address this specific error or provide additional guidance.
  User Roles: Ensure that you have the necessary authorizations to make changes to currency settings in the system.
  
  By following these steps, you should be able to resolve the error message FINS_IC_CUST043 and ensure that the target currency is properly configured in your SAP system.