How To Fix F3101 - The local currency &1 is not valid for this payment method

F3101 - Overview

• Message type: E = Error

• Message class: F3 - Payment program configuration

• Message number: 101

• Message text: The local currency &1 is not valid for this payment method

What causes this issue?

"Foreign Currency Allowed" has been switched off. &V1& is not included
as a valid currency in the country-specific entries for the payment
method.

How to fix this error?

You should either check the "Foreign Currency Allowed" box or enter the
the local currency &V1& as a permitted currency in table T042W.

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 F3101 - The local currency &1 is not valid for this payment method ?

  The SAP error message F3101, which states "The local currency &1 is not valid for this payment method," typically occurs when there is a mismatch between the local currency of a company code and the currency settings for a specific payment method in the SAP system. Here’s a breakdown of the cause, potential solutions, and related information:
  
  Cause:
  
  Currency Configuration: The payment method you are trying to use is not configured to accept the local currency of the company code. Each payment method can be restricted to specific currencies.
  Company Code Settings: The company code may have a local currency that is not compatible with the payment method settings.
  Payment Method Settings: The payment method may be set up to only allow certain currencies, and the local currency of the transaction does not match any of those allowed currencies.
  
  
  Solution:
  
  
  Check Payment Method Configuration:
  
  Go to the transaction code OBPM1 (for payment method configuration).
  Check the settings for