How To Fix FCOM_PLANNING_CORE007 - Currency type &3 is invalid for WBS element &1; enter currency type &4

FCOM_PLANNING_CORE007 - Overview

• Message type: E = Error

• Message class: FCOM_PLANNING_CORE - Messages for Package FCOM_PLANNING_CORE

• Message number: 007

• Message text: Currency type &3 is invalid for WBS element &1; enter currency type &4

What causes this issue?

According to the planning profile &V2&, the work breakdown structure
(WBS) element &V1& must have the currency type &V4&. You currently use
the currency type &V3&.
The following currency types are available:
20 (controlling area currency)
10 (object currency)
00 (transaction currency)

System Response

In input-ready queries, you cannot enter data or change data that
contains the invalid currency type. In planning functions, the system
cannot generate data records that contain the invalid currency type.

How to fix this error?

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

FCOM_PLANNING_CORE007 - Details

• The SAP error message FCOM_PLANNING_CORE007 indicates that there is an issue with the currency type being used for a Work Breakdown Structure (WBS) element in the context of financial planning or budgeting. Here’s a breakdown of the components of the error message and how to address it:
  
  Cause:
  
  
  Invalid Currency Type: The currency type specified for the WBS element (&1) is not valid. This could be due to:
  
  The currency type not being defined in the system.
  The currency type not being allowed for the specific WBS element.
  A mismatch between the currency type expected by the system and the one provided.
  
  
  
  
  Configuration Issues: There may be configuration settings in the system that restrict the use of certain currency types for specific WBS elements.
  
  
  Data Entry Error: The user may have mistakenly entered an incorrect currency type when trying to perform a transaction related to the WBS element.
  
  
  
  Solution:
  
  
  Check Currency Type: Verify the currency type being used for