How To Fix FINS_IC_CUST119 - Cannot run activity &1 because preparations not set to completed

FINS_IC_CUST119 - Overview

• Message type: E = Error

• Message class: FINS_IC_CUST - Manage Currencies: Customizing

• Message number: 119

• Message text: Cannot run activity &1 because preparations not set to completed

What causes this issue?

You can only run activities of a project if the preparation phase for
the project has been completed. 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 set the preparations for the project to completed, you
can try to run activity &V1& again.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

FINS_IC_CUST119 - Details

• The SAP error message FINS_IC_CUST119 indicates that a specific activity cannot be executed because the necessary preparations have not been completed. This error typically arises in the context of the SAP Financial Services module, particularly when dealing with intercompany processes or transactions.
  
  Cause:
  The error occurs when:
  
  Incomplete Preparations: The required preparatory steps for the activity have not been completed. This could involve missing configurations, incomplete data entries, or unprocessed prior activities.
  Workflow Issues: There may be a workflow or process that needs to be completed before the current activity can be executed.
  Authorization Issues: Sometimes, the user may not have the necessary authorizations to complete the preparatory steps.
  
  
  Solution:
  To resolve the error, you can take the following steps:
  
  
  Check Preparatory Steps:
  
  Review the documentation or guidelines for the specific activity you are trying to execute. Ensure that all required preparatory steps have been completed.
  Look for any prerequisite activities that need to be finalized before proceeding.
  
  
  
  Review Configuration Settings:
  
  If