How To Fix FINS_IC_CUST044 - Source crcy type &1 in ledger &2 CoCode &3 is not valid for entry view

SAP Error Message - Details

• Message type: E = Error

• Message class: FINS_IC_CUST - Manage Currencies: Customizing

• Message number: 044

• Message text: Source crcy type &1 in ledger &2 CoCode &3 is not valid for entry view

What causes this issue?

Source currency type <(>&<)>1 in ledger <(>&<)>2 Company Code <(>&<)>3
is not valid for entry view

System Response

The source currency type <(>&<)>1 for the combination of ledger <(>&<)>2
company code <(>&<)>3 cannot be used in the entry view

How to fix this error?

If source currency type for the newly introduced currency is group
currency (currency type 30), the group currency type has to be valid for
the entry view.

Procedure for System Administrators

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FINS_IC_CUST044 - Source crcy type &1 in ledger &2 CoCode &3 is not valid for entry view ?

  The SAP error message FINS_IC_CUST044 indicates that there is an issue with the currency type specified in the entry view for a particular ledger and company code. This error typically arises in the context of intercompany accounting or when dealing with multiple currencies in financial transactions.
  Cause:
  The error message is triggered when:
  
  The currency type specified (denoted as &1 in the error message) is not valid for the specified ledger (&2) and company code (&3).
  The configuration for the currency types in the ledger or company code does not include the specified currency type.
  There may be a mismatch between the currency type used in the transaction and the allowed currency types configured in the system.
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Currency Type Configuration:
  
  Go to the configuration settings for the ledger and company code in SAP.
  Verify the allowed currency types for the specified ledger and company code. You can do this by navigating to:
  
  SPRO > Financial Accounting > General Ledger > Master Data > G/L Account > Prepare G/L Account Creation > Define Account Groups.
  
  
  Ensure that the currency type you are trying to use is included in the configuration.
  
  
  
  Review Transaction Data:
  
  Check the transaction data you are trying to post. Ensure that the currency type used in the transaction matches one of the allowed currency types for the specified ledger and company code.
  
  
  
  Adjust Entry View Settings:
  
  If necessary, adjust the entry view settings to include the correct currency type. This can be done in the configuration settings for the financial accounting module.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources for more details on currency types and their configurations.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the configurations and transaction data, consider reaching out to SAP support for further assistance.
  
  
  
  Related Information:
  
  Currency Types in SAP: Currency types in SAP are used to differentiate between various currencies used in financial transactions, such as local currency, group currency, and transaction currency.
  Intercompany Accounting: This error is often encountered in intercompany transactions where multiple company codes are involved, and different currency types may be used.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OB22 (for defining currency types) and OBY6 (for defining company code settings) to help troubleshoot the issue.
  
  By following these steps, you should be able to identify and resolve the cause of the FINS_IC_CUST044 error in your SAP system.