How To Fix F7567 - Currency type of valuation area does not exist in company code

SAP Error Message - Details

• Message type: E = Error

• Message class: F7 - Program Error Messages

• Message number: 567

• Message text: Currency type of valuation area does not exist in company code

What causes this issue?

You want to use a valuation area for which the assigned currency type
has not been created in the company code.

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?

Choose a different valuation area.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message F7567 - Currency type of valuation area does not exist in company code ?

  The SAP error message F7567, "Currency type of valuation area does not exist in company code," typically occurs when there is a mismatch or misconfiguration related to currency settings in the financial accounting module. This error can arise in various scenarios, such as during the execution of financial transactions, posting documents, or running reports.
  Cause:
  
  Missing Currency Type Configuration: The currency type that is being referenced in the valuation area is not defined for the specified company code.
  Incorrect Valuation Area: The valuation area may not be correctly set up or may not correspond to the company code in question.
  Data Inconsistency: There may be inconsistencies in the configuration settings between the company code and the valuation area.
  Currency Type Not Assigned: The currency type (e.g., 10 for local currency, 30 for group currency) may not be assigned to the company code in the relevant configuration.
  
  Solution:
  To resolve the error, you can follow these steps:
  
  
  Check Currency Type Configuration:
  
  Go to the SAP Customizing Implementation Guide (SPRO).
  Navigate to Financial Accounting (New) > Financial Accounting Global Settings > Currencies > Define Currency Types.
  Ensure that the required currency types are defined and assigned to the relevant company code.
  
  
  
  Verify Valuation Area Settings:
  
  Check the valuation area settings in the configuration.
  Ensure that the valuation area is correctly linked to the company code and that the currency types are properly assigned.
  
  
  
  Review Company Code Settings:
  
  Go to Financial Accounting (New) > Financial Accounting Global Settings > Company Code > Edit, Copy, Delete, Check Company Code.
  Verify that the company code is set up correctly and that the currency types are assigned.
  
  
  
  Check for Data Inconsistencies:
  
  Run consistency checks to identify any discrepancies in the configuration.
  Use transaction codes like OB08 (Exchange Rate Types) to verify that the exchange rates are correctly maintained.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or notes related to currency configuration for any additional insights or updates.
  
  
  
  Testing:
  
  After making the necessary changes, test the transaction again to ensure that the error is resolved.
  
  
  
  Related Information:
  
  Transaction Codes: 
  
  OB22 (Define Currencies)
  OB08 (Maintain Exchange Rates)
  OBA7 (Define Currency Types)
  
  
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to currency types and valuation areas.
  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 consult with your SAP support team or a functional consultant who specializes in financial accounting within SAP.