How To Fix FINS_IC_CUST107 - Preparations for project &1 haven't been completed

FINS_IC_CUST107 - Overview

• Message type: E = Error

• Message class: FINS_IC_CUST - Manage Currencies: Customizing

• Message number: 107

• Message text: Preparations for project &1 haven't been completed

What causes this issue?

Since preparations of the project haven't been completed, the selected
operation isn't supported.
To complete the preparation phase, you must manually change the project
status and set the preparations to completed.

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 change the current project status in the Customizing
activity
<DS:SIMG.FINS_MPROJ_RELEAS_40>Complete Preparations.</>
After you have manually set the preparations to completed, you can try
to perform the operation again.
However, please be sure to resolve any other existing errors first.
Otherwise, this operation might fail again.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

FINS_IC_CUST107 - Details

• The SAP error message FINS_IC_CUST107 indicates that preparations for a specific project (identified by the project number &1) have not been completed. This error typically arises in the context of SAP's Financials or Project Systems modules, particularly when dealing with intercompany processes or project-related transactions.
  
  Cause:
  The error can occur due to several reasons, including but not limited to:
  
  Incomplete Project Setup: The project may not have been fully configured or activated in the system.
  Missing Customizing Settings: Certain necessary customizing settings related to intercompany transactions or project management may not have been completed.
  Authorization Issues: The user may not have the necessary authorizations to access or modify the project.
  Data Inconsistencies: There may be inconsistencies in the data related to the project, such as missing master data or configuration settings.
  
  
  Solution:
  To resolve the error, you can take the following steps:
  
  
  Check Project Status:
  
  Verify that the project is in the correct status and that all necessary preparatory steps