How To Fix ACC_AA274 - CCode &2: Ledger &1 has currency settings that are not supported

SAP Error Message - Details

• Message type: E = Error

• Message class: ACC_AA - Message Class for Function Group ACC_AA

• Message number: 274

• Message text: CCode &2: Ledger &1 has currency settings that are not supported

What causes this issue?

You are trying to implement transfer prices in ledger &V1&. The ledger
is the representative ledger of ledger group &V3& that is used in
company code &V2& in Asset Accounting.
Asset Accounting only allows such a ledger when either only legal
currency types (such as, <AB>10</>, <AB>30</>) or mixed currency types
(z.B. <AB>10</>, <AB>30</>, <AB>31</>) are defined.
The following scenario on the other hand is <ZH>not</> allowed: Ledger
&V1& is assigned to company code &V2& as the representative ledger in
Asset Accounting. The currency type of the first currency (<AB>CURTPH</>
) is assigned that does <ZH>not</> map any legal valuation (<AB>CURTPH
</> <(><<)>> <AB>10</>).

System Response

The setting <ZH>cannot</> be saved. If you want to post an asset
transaction with this setting, it is <ZH>not</> possible to post the
document.

How to fix this error?

Correct your Customizing settings and configure one of the scenarios
that are supported.

Procedure for System Administrators

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message ACC_AA274 - CCode &2: Ledger &1 has currency settings that are not supported ?

  The SAP error message ACC_AA274 indicates that there is an issue with the currency settings of a ledger in the Asset Accounting (AA) module. Specifically, it suggests that the currency settings for the specified ledger are not compatible with the company code settings.
  Cause:
  
  
  Currency Configuration Mismatch: The ledger you are trying to use has currency settings that do not match the currency settings of the company code. This can happen if:
  
  The ledger is set to a different currency than the company code.
  The currency type (e.g., local currency, group currency) is not supported for the ledger in question.
  
  
  
  Incorrect Ledger Assignment: The ledger may not be properly assigned to the company code or may not be configured correctly in the system.
  
  
  Customizations or Changes: Recent changes in the configuration of the company code or ledger settings may have led to this inconsistency.
  
  
  Solution:
  
  
  Check Currency Settings:
  
  Go to the configuration settings for the company code and the ledger in question.
  Ensure that the currency settings (local currency, group currency) for both the company code and the ledger are compatible.
  
  
  
  Adjust Ledger Configuration:
  
  If the ledger is incorrectly configured, you may need to adjust its settings to match the company code's currency settings.
  You can do this in the SAP Customizing Implementation Guide (IMG) under:
  
  Financial Accounting (New) > Asset Accounting > Integration > Define Ledgers.
  
  
  
  
  
  Review Company Code Settings:
  
  Check the company code settings to ensure that they are correctly defined. You can do this by navigating to:
  
  Financial Accounting (New) > General Ledger Accounting > Master Data > G/L Accounts > Preparation > Define Company Code.
  
  
  
  
  
  Consult Documentation: If you are unsure about the settings, refer to SAP documentation or consult with your SAP Basis or Finance team for guidance.
  
  
  Testing: After making the necessary adjustments, perform a test transaction to ensure that the error does not reoccur.
  
  
  Related Information:
  
  Transaction Codes: You may use transaction codes like OBA7 (for ledger settings) and OX15 (for company code settings) to access the relevant configuration screens.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance.
  User Roles: Ensure that you have the necessary authorizations to make changes to the configuration settings.
  
  If the issue persists after following these steps, it may be beneficial to engage with SAP support or a consultant who specializes in SAP Financials for further assistance.