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

SAP Error Message - Details

• 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.

Smart SAP Assistant

• What is the cause and solution for SAP error message FINS_IC_CUST120 - Cannot reset activity &1 because preparations isn't set to completed ?

  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 reset. Ensure that all required tasks have been completed. This may include:
  
  Completing all necessary data entries.
  Processing any outstanding transactions.
  Ensuring that all relevant documents are posted.
  
  
  
  Review Activity Status: Check the status of the activity in question. If it is in a state that does not allow for resetting, you may need to complete or finalize it before attempting to reset.
  
  
  Consult Documentation: Refer to the SAP documentation or help files related to the specific module you are working with (e.g., Intercompany reconciliation). This can provide insights into the required steps and configurations.
  
  
  System Configuration: If you suspect that the issue may be related to system configuration, consult with your SAP Basis or configuration team to ensure that the settings are correct and that there are no restrictions preventing the reset.
  
  
  Error Logs: Check the system logs for any additional error messages or warnings that may provide more context about why the preparations are not marked as completed.
  
  
  Contact Support: If you are unable to resolve the issue through the above steps, consider reaching out to your internal SAP support team or SAP support for further assistance.
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes that may help you navigate the intercompany processes, such as FB03 (Display Document), FBL1N (Vendor Line Item Display), or FBL3N (G/L Account Line Item Display).
  SAP Notes: Search for SAP Notes related to the error message or the specific activity you are working on. SAP Notes often contain fixes or workarounds for known issues.
  User Forums: Engage with SAP community forums or user groups where similar issues may have been discussed, and solutions shared.
  
  By following these steps, you should be able to identify the root cause of the error and take appropriate action to resolve it.