How To Fix FINS_IC_CUST046 - Currency for trgt crcy &1 (ledger &2 / CoCode &3) could not be determined

FINS_IC_CUST046 - Overview

• Message type: E = Error

• Message class: FINS_IC_CUST - Manage Currencies: Customizing

• Message number: 046

• Message text: Currency for trgt crcy &1 (ledger &2 / CoCode &3) could not be determined

What causes this issue?

The currency isn't maintained in <LS>Target Currency Type</> field. This
prevents the data conversion.

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 maintain these settings by selecting <LS>Global Currency
Conversion Settings</> or <LS>Currency Conversion Settings for Company
Codes</> 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_CUST046 - Details

• The SAP error message FINS_IC_CUST046 indicates that the system is unable to determine the currency for a target currency in a specific ledger and company code. This error typically arises in the context of intercompany transactions or when dealing with multiple currencies in financial postings.
  
  Cause:
  
  Missing Currency Configuration: The target currency may not be properly configured in the system for the specified ledger and company code.
  Incorrect Settings in Customizing: The settings in the SAP Customizing (SPRO) for currency types, ledgers, or company codes may not be correctly defined.
  Inconsistent Currency Settings: There may be inconsistencies between the currency settings in the source and target company codes or ledgers.
  Missing Exchange Rate: The exchange rate for the currency pair may not be maintained in the system.
  
  
  Solution:
  
  
  Check Currency Configuration:
  
  Go to the SAP Customizing (SPRO) and navigate to Financial Accounting (New) > General Ledger Accounting (New) > Master Data > G/L Accounts > Preparation > Define