How To Fix FINS_ML_MIG034 - All & entries exist in corresponding parallel currencies

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 034

• Message text: All & entries exist in corresponding parallel currencies

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message FINS_ML_MIG034 - All & entries exist in corresponding parallel currencies ?

  The SAP error message FINS_ML_MIG034 indicates that there are entries in the system that exist in the corresponding parallel currencies during a migration process, typically related to the migration of the General Ledger (G/L) to the new Universal Journal (ACDOCA) in SAP S/4HANA.
  Cause:
  This error usually occurs during the migration of financial data when the system detects that there are entries in the old G/L that have parallel currency amounts, but the migration process is not able to handle them correctly. This can happen due to:
  
  Inconsistent Currency Data: The entries in the old G/L may have been recorded in multiple currencies, and the migration process is unable to reconcile these entries properly.
  Missing Configuration: The system may not be configured correctly to handle parallel currencies during the migration.
  Data Integrity Issues: There may be issues with the data integrity of the financial records, such as missing or incorrect currency information.
  
  Solution:
  To resolve the FINS_ML_MIG034 error, you can follow these steps:
  
  
  Check Configuration: Ensure that the configuration for parallel currencies is set up correctly in your SAP system. This includes checking the settings for currency types and ensuring that all necessary currencies are defined.
  
  
  Data Validation: Validate the data in the old G/L to ensure that all entries have the correct currency information. You may need to run reports to identify any inconsistencies or missing data.
  
  
  Adjust Migration Settings: Review the migration settings in the Migration Cockpit or the relevant migration tools to ensure that they are configured to handle parallel currencies appropriately.
  
  
  Data Cleansing: If there are entries with missing or incorrect currency data, you may need to cleanse the data before attempting the migration again. This could involve correcting entries or removing problematic records.
  
  
  Consult SAP Notes: Check for any relevant SAP Notes that may provide additional guidance or patches related to this error. SAP frequently updates its knowledge base with solutions for common issues encountered during migrations.
  
  
  Testing: After making the necessary adjustments, perform a test migration to ensure that the error does not occur again. Monitor the logs for any other potential issues.
  
  
  Related Information:
  
  Migration Cockpit: Familiarize yourself with the SAP S/4HANA Migration Cockpit, which provides tools and templates for migrating data, including financial data.
  SAP S/4HANA Documentation: Review the official SAP documentation for guidelines on migrating financial data, especially regarding handling parallel currencies.
  SAP Community: Engage with the SAP Community forums to seek advice from other users who may have encountered similar issues.
  
  If the problem persists after following these steps, it may be beneficial to consult with an SAP expert or your SAP support team for further assistance.