How To Fix AO016 - Company code currency &1 was adopted

AO016 - Overview

• Message type: E = Error

• Message class: AO - Appropriation requests - Master data / Customizing

• Message number: 016

• Message text: Company code currency &1 was adopted

What causes this issue?

The system adopted company code currency &V1& as the object currency.

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?

Check the object currency that was adopted.
Note:
The object currency is currently not used for planning on appropriation
requests. The object currency, however, is transferred to measures when
measures are created.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AO016 - Company code currency &1 was adopted ?

  The SAP error message AO016 indicates that the company code currency has been adopted, which typically means that there is an issue related to the currency settings for a specific company code in the Asset Accounting (FI-AA) module. This error can occur during various transactions, such as when trying to post an asset transaction or when performing a year-end closing.
  
  Cause:
  The error message AO016 usually arises due to one of the following reasons:
  
  
  Currency Configuration: The company code may not have the correct currency settings configured in the system. This can happen if the currency is not set up properly in the company code settings.
  
  
  Asset Master Data: The asset master data may have been created with a currency that does not match the company code currency.
  
  
  Transaction Currency: The transaction being processed may be in a different currency than what is defined for the company code.
  
  
  Currency Type: The currency type used in the