How To Fix FINS_IC_CUST120 - Cannot reset activity &1 because preparations isn't set to completed

FINS_IC_CUST120 - Overview

• Message type: E = Error

• Message class: FINS_IC_CUST - Manage Currencies: Customizing

• Message number: 120

• Message text: Cannot reset activity &1 because preparations isn't set to completed

What causes this issue?

You can only reset activities of a project if the preparation phase for
the project has been completed. <LS>Complete Preparations</> is a manual
step to set and change the project status.

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
<DS:TRAN.FINS_MPROJ_RELEAS_40>Complete Preparations</>.
After you have set the preparations for the project to completed<(>,<)>
you can try to reset activity &V1& again.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

FINS_IC_CUST120 - Details

• The SAP error message FINS_IC_CUST120 indicates that you are trying to reset an activity (identified by &1) in the context of Intercompany (IC) reconciliation or similar processes, but the system is preventing this action because the necessary preparations for that activity have not been marked as completed.
  
  Cause:
  This error typically arises in scenarios where:
  
  Incomplete Preparations: The preparatory steps required for the activity have not been fully completed. This could involve missing data entries, unprocessed transactions, or incomplete configurations.
  Process Flow: The system enforces a specific sequence of operations, and if the prior steps are not completed, it will not allow you to reset the activity.
  
  Configuration Issues: There may be configuration settings in the system that dictate how activities are managed, and these settings may not be aligned with the current process.
  
  
  Solution:
  To resolve this error, you can follow these steps:
  
  
  Check Preparations: Review the preparatory steps associated with the activity you are trying to