How To Fix FINS_ML_MIG030 - Parallel currencies do not exist for corresponding valuation area

FINS_ML_MIG030 - Overview

• Message type: E = Error

• Message class: FINS_ML_MIG - Messages for S/4HANA Material Ledger Migration

• Message number: 030

• Message text: Parallel currencies do not exist for corresponding valuation area

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FINS_ML_MIG030 - Parallel currencies do not exist for corresponding valuation area ?

  The SAP error message FINS_ML_MIG030 indicates that there is an issue with parallel currencies in the context of a valuation area during a migration or data processing task. This error typically arises when the system expects certain parallel currency settings to be configured but finds that they are missing or not properly set up.
  
  Cause:
  
  Missing Parallel Currency Configuration: The valuation area (which could be a company code or a controlling area) does not have the necessary parallel currency settings defined in the system.
  Incorrect Configuration: The parallel currencies may be incorrectly configured, leading to discrepancies in the expected data.
  Migration Issues: If you are migrating data from an older version of SAP or from another system, the necessary parallel currency settings may not have been migrated correctly.
  
  
  Solution:
  
  
  Check Configuration:
  
  Go to the transaction code OB22 (for company code) or OKKP (for controlling area) to check the parallel currency settings.
  Ensure that the parallel currencies are defined