How To Fix AX153 - Currency position not found: Company code &1, ledger &2, currency type &3

SAP Error Message - Details

• Message type: E = Error

• Message class: AX - Asset Accounting XPRA messages

• Message number: 153

• Message text: Currency position not found: Company code &1, ledger &2, currency type &3

What causes this issue?

An error occurred when converting the depreciation areas in parallel
currencies: A currency position could <ZH>not</> be determined for this
combination of company code, representative ledger and currency type.
This may be caused by an inconsistency in the central configuration of
ledger and currencies in application <LS>General Ledger Accounting
(FI-GL)</>.
INCLUDE XPRA_1902_SEVERE_ERROR OBJECT DOKU ID TX

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 AX153 - Currency position not found: Company code &1, ledger &2, currency type &3 ?

  The SAP error message AX153, which states "Currency position not found: Company code &1, ledger &2, currency type &3," typically occurs in the context of financial accounting and currency management within the SAP system. This error indicates that the system is unable to find a currency position for the specified company code, ledger, and currency type.
  Causes:
  
  Missing Currency Position: The currency position for the specified company code and ledger may not have been created or may have been deleted.
  Incorrect Configuration: The configuration settings for currency types or ledgers may not be set up correctly.
  Data Entry Errors: There may be a mistake in the data entry, such as incorrect company code, ledger, or currency type.
  Period Closure: The financial period may be closed, and no currency positions can be created or modified for that period.
  Authorization Issues: The user may not have the necessary authorizations to access the currency position data.
  
  Solutions:
  
  Check Currency Position: Verify