How To Fix FGL_PRE_CHECK003 - Curr. type &1 of ledger &2,comp.code &3 is not defined in leading ledger

SAP Error Message - Details

• Message type: E = Error

• Message class: FGL_PRE_CHECK - Pre Transition Check FI-GL

• Message number: 003

• Message text: Curr. type &1 of ledger &2,comp.code &3 is not defined in leading ledger

What causes this issue?

You company code &v3& in ledger &v1& contains currency type &v2&, which
does not exist in the leading ledger.

System Response

In the universal journal entry, there is currently a restraint that
non-leading ledgers may only contain the currency types found in the
leading ledger.
This restraint existed previously as well, meaning this ledger is
currently inconsistent.

How to fix this error?

This currency type will not be migrated. That is, the ledger will not
contain this currency type. Determine if this ledger is still in use and
if it should be migrated without this inconsistent currency type.

Procedure for System Administrators

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

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FGL_PRE_CHECK003 - Curr. type &1 of ledger &2,comp.code &3 is not defined in leading ledger ?

  The SAP error message FGL_PRE_CHECK003 indicates that there is a currency type issue related to a specific ledger and company code. This error typically arises during financial postings or when trying to execute certain transactions that involve currency settings in the General Ledger (G/L).
  Cause:
  The error message is triggered when:
  
  The currency type specified for a ledger (in this case, ledger &2) and company code (company code &3) is not defined in the leading ledger. 
  This can happen if the configuration for the currency types in the ledger is incomplete or incorrect, or if there is a mismatch between the currency settings in the leading ledger and the non-leading ledgers.
  
  Solution:
  To resolve this error, you can follow these steps:
  
  
  Check Ledger Configuration:
  
  Go to the SAP transaction code OB22 (Define Ledgers) and verify the configuration of the ledger in question. Ensure that the currency type is correctly defined for the leading ledger.
  
  
  
  Check Company Code Settings:
  
  Use transaction code OBY6 (Define Company Code) to check the settings for the company code. Ensure that the currency type is correctly assigned to the company code.
  
  
  
  Define Currency Types:
  
  If the currency type is not defined, you may need to define it. Use transaction code OB08 (Define Currency Types) to create or modify currency types as necessary.
  
  
  
  Check Document Types:
  
  Ensure that the document types being used in the transaction are compatible with the currency settings. You can check this in transaction code OBA7 (Document Types).
  
  
  
  Review Financial Document:
  
  If the error occurs during a specific transaction, review the financial document for any inconsistencies in currency settings.
  
  
  
  Consult SAP Notes:
  
  Check for any relevant SAP Notes that might address this specific error or provide additional guidance.
  
  
  
  Testing:
  
  After making the necessary changes, perform a test transaction to ensure that the error has been resolved.
  
  
  
  Related Information:
  
  
  Currency Types: In SAP, currency types are used to define how currencies are handled in financial transactions. Common currency types include:
  
  10: Company Code Currency
  20: Group Currency
  30: Hard Currency
  40: Index Currency
  
  
  
  Leading Ledger: The leading ledger is the primary ledger in SAP that is used for financial reporting. It typically reflects the main accounting principles and currency settings for the organization.
  
  
  Transaction Codes:
  
  OB22: Define Ledgers
  OBY6: Define Company Code
  OB08: Define Currency Types
  OBA7: Document Types
  
  
  
  By following these steps and checking the relevant configurations, you should be able to resolve the FGL_PRE_CHECK003 error in SAP. If the issue persists, consider reaching out to your SAP support team for further assistance.