How To Fix CNV20600038 - Company code &1 uses hard currency, but country &2 does not have any

CNV20600038 - Overview

• Message type: E = Error

• Message class: CNV20600 - message class for package 20600

• Message number: 038

• Message text: Company code &1 uses hard currency, but country &2 does not have any

What causes this issue?

New G/L is active.
Company code &V1& in country &V2& uses hard currency.
Country &V2& does not store a hard currency.
Number range object FAGL_DOCNR is used by company code &V1& (internal
number ranges with number levels greater than 0, or, external number
ranges exist).

System Response

Error.

How to fix this error?

Check whether company code &V1& is conversion-relevant. If yes, there is
an inconsistency in the associated country currency settings.
In this case you must correct it using view V_T005 and re-execute this
activity again.
Otherwise, you can set the status of this activity to "Warning" and
continue. Contact SAP for support.

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.

CNV20600038 - Details

• The SAP error message CNV20600038 indicates that there is a mismatch between the currency settings of a company code and the country associated with it. Specifically, it means that the company code is configured to use hard currency, but the country does not have any hard currency defined in its settings.
  
  Cause:
  
  Company Code Configuration: The company code is set up to use hard currency (for example, a currency that is stable and widely accepted, such as USD or EUR).
  Country Configuration: The country associated with the company code does not have any hard currency defined in its configuration. This could be due to missing settings in the country-specific configuration or incorrect mapping.
  
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Company Code Settings:
  
  Go to the transaction code OBY6 (or use the path: SPRO > Financial Accounting > General Settings > Define Company Code).
  Verify that the company code is correctly set up