How To Fix FB_ICRC161 - Currency type &1 not assigned to ledger &2

SAP Error Message - Details

• Message type: E = Error

• Message class: FB_ICRC - Messages for package FB_ICRC

• Message number: 161

• Message text: Currency type &1 not assigned to ledger &2

What causes this issue?

You want to use currency type <ZH>&V1&</> in the current context.
However, the currency type <ZH>&V1&</> is not assigned to ledger
<ZH>&V2&</>. Therefore this currency type cannot be used at the moment.

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?

Assign the currency type <ZH>&V1&</> to ledger <ZH>&V2&</>.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FB_ICRC161 - Currency type &1 not assigned to ledger &2 ?

  The SAP error message FB_ICRC161 indicates that a specific currency type is not assigned to a particular ledger in the system. This error typically arises during financial transactions or postings when the system attempts to process currency-related information but finds that the necessary configuration is missing.
  Cause:
  
  Missing Configuration: The currency type specified in the transaction is not assigned to the ledger in the configuration settings.
  Incorrect Ledger: The ledger being used may not support the currency type being referenced.
  Customizations: If there have been customizations or changes in the system, it may have led to the currency type not being properly linked to the ledger.
  
  Solution:
  To resolve the FB_ICRC161 error, follow these steps:
  
  
  Check Currency Type Assignment:
  
  Go to the SAP Customizing Implementation Guide (SPRO).
  Navigate to Financial Accounting (New) > General Ledger Accounting (New) > Ledger > Define Ledgers.
  Check the configuration for the ledger in question and ensure that the currency type is assigned correctly.
  
  
  
  Assign Currency Type to Ledger:
  
  If the currency type is not assigned, you can add it by editing the ledger settings.
  Ensure that the currency type you are trying to use is included in the list of assigned currency types for that ledger.
  
  
  
  Review Transaction Data:
  
  Check the transaction data to ensure that the correct ledger and currency type are being used.
  If necessary, modify the transaction to use a different ledger or currency type that is correctly configured.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources for any specific notes related to your version of SAP, as there may be additional considerations or updates.
  
  
  
  Testing:
  
  After making the necessary changes, perform a test transaction to ensure that the error no longer occurs.
  
  
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes like OB22 (for defining currency types) or OBA7 (for defining ledgers) to access the relevant configuration settings.
  SAP Notes: Check for any relevant SAP Notes that may provide additional insights or solutions related to this error.
  User Roles: Ensure that you have the necessary authorizations to make changes to the ledger and currency type configurations.
  
  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.