How To Fix ICL_CF002 - Reserves in several currencies: Contact your system administrator

ICL_CF002 - Overview

• Message type: E = Error

• Message class: ICL_CF - Insurance Solution Claims Settlement/Payment Financial Part

• Message number: 002

• Message text: Reserves in several currencies: Contact your system administrator

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 ICL_CF002 - Reserves in several currencies: Contact your system administrator ?

  The SAP error message ICL_CF002, which states "Reserves in several currencies: Contact your system administrator," typically occurs in the context of the SAP Insurance module, particularly when dealing with reserves that are maintained in multiple currencies. This error can arise due to various reasons related to configuration, data consistency, or currency settings.
  Causes:
  
  
  Currency 
  Configuration Issues: The system may not be properly configured to handle multiple currencies for reserves. This can happen if the currency settings in the master data or configuration are not aligned.
  
  
  Inconsistent Data: There may be inconsistencies in the data where reserves are recorded in different currencies without proper handling or conversion.
  
  
  Missing Currency Conversion Rates: If the necessary currency conversion rates are not maintained in the system, it can lead to this error.
  
  
  Incorrect Master Data: The master data for the insurance contracts or reserves may not be set up correctly, leading to conflicts in currency handling.
  
  
  System Configuration: The system