How To Fix FAGL_LEDGER_CUST037 - Currency type &3 is not permitted

SAP Error Message - Details

• Message type: E = Error

• Message class: FAGL_LEDGER_CUST - New General Ledger: Customizing

• Message number: 037

• Message text: Currency type &3 is not permitted

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message FAGL_LEDGER_CUST037 - Currency type &3 is not permitted ?

  The SAP error message FAGL_LEDGER_CUST037 indicates that a specific currency type is not permitted for the ledger you are trying to use. This error typically arises in the context of financial accounting, particularly when dealing with ledgers and currency settings in SAP.
  Cause:
  The error can occur due to several reasons:
  
  Incorrect Currency Type Configuration: The currency type you are trying to use (indicated by &3 in the error message) is not allowed for the specific ledger or company code configuration.
  Missing Configuration: The currency type may not be defined in the configuration settings for the ledger or may not be assigned to the relevant company code.
  Transaction Type Restrictions: Certain transaction types may have restrictions on the currency types that can be used.
  
  Solution:
  To resolve the FAGL_LEDGER_CUST037 error, you can take the following steps:
  
  
  Check Currency Type Configuration:
  
  Go to the configuration settings in SAP (Transaction Code: SPRO).
  Navigate to Financial Accounting (New) > General Ledger Accounting (New) > Master Data > G/L Accounts > Preparation > Define Currency Types.
  Ensure that the currency type you are trying to use is defined and permitted for the ledger in question.
  
  
  
  Review Ledger Settings:
  
  Check the settings for the specific ledger you are using (Transaction Code: OB22).
  Ensure that the currency type is allowed for that ledger.
  
  
  
  Company Code Settings:
  
  Verify the company code settings to ensure that the currency type is allowed for the company code associated with the ledger.
  
  
  
  Transaction Type:
  
  If applicable, check if the transaction type you are using has any restrictions on currency types. You may need to adjust the transaction type settings.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or consult with your SAP Basis or Finance team for any specific configurations that may be affecting the currency type settings.
  
  
  
  Testing:
  
  After making the necessary changes, test the transaction again to see if the error persists.
  
  
  
  Related Information:
  
  Currency Types in SAP: Currency types in SAP are used to define how currencies are handled in financial transactions. Common currency types include:
  
  10: Company Code Currency
  30: Group Currency
  40: Hard Currency
  50: Index Currency
  
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OB22 (for ledger settings) and SPRO (for configuration).
  
  If the issue persists after following these steps, it may be beneficial to consult with an SAP expert or your organization's SAP support team for further assistance.