How To Fix FC502 - You are not permitted to delete the parallel local currency

FC502 - Overview

• Message type: E = Error

• Message class: FC - FI configuration error messages

• Message number: 502

• Message text: You are not permitted to delete the parallel local currency

What causes this issue?

You are not permitted to delete the parallel local currency.
At least one combination of company code/ledger is still using the
parallel currencies (company code &V1&/ledger &V2&).

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?

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 FC502 - You are not permitted to delete the parallel local currency ?

  The SAP error message FC502, which states "You are not permitted to delete the parallel local currency," typically occurs when a user attempts to delete or modify a parallel currency setting in the financial accounting module of SAP. This error is related to the configuration of the company code and its currency settings.
  
  Cause:
  
  User Authorization: The user may not have the necessary authorizations to delete or modify the parallel local currency settings.
  System Configuration: The parallel currency is a critical configuration in SAP, and certain settings may prevent its deletion to maintain data integrity.
  Data Dependencies: There may be existing transactions or data that depend on the parallel currency, making it impossible to delete without first addressing those dependencies.
  
  
  Solution:
  
  Check User Authorizations: Ensure that the user has the appropriate authorizations to modify currency settings. This can be done by checking the user's roles and authorizations in the SAP system.
  Review Configuration: If you have the