How To Fix FGL_PRE_CHECK020 - ML currency type &1 does not match crcy type in FI and CO (val. area &2)

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 020

• Message text: ML currency type &1 does not match crcy type in FI and CO (val. area &2)

What causes this issue?

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

System Response

How to fix this error?

Please use transaction CKM9 to get an overview of the currency settings
in FI, CO, and ML for the corresponding plant.

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 FGL_PRE_CHECK020 - ML currency type &1 does not match crcy type in FI and CO (val. area &2) ?

  The SAP error message FGL_PRE_CHECK020 indicates a mismatch between the currency type defined in the Material Ledger (ML) and the currency type used in Financial Accounting (FI) and Controlling (CO) for a specific valuation area. This error typically arises during processes such as closing periods, posting transactions, or during the execution of certain reports.
  Cause:
  The error occurs due to the following reasons:
  
  Currency Type Mismatch: The currency type defined in the Material Ledger for a specific material does not match the currency type used in the Financial Accounting and Controlling modules for the same valuation area.
  Configuration Issues: There may be inconsistencies in the configuration settings for currency types in the Material Ledger and the FI/CO modules.
  Data Entry Errors: Incorrect data entry during the setup of materials or valuation areas can lead to this mismatch.
  
  Solution:
  To resolve the error, you can follow these steps:
  
  
  Check Currency Type Configuration:
  
  Go to the configuration settings for the Material Ledger and check the currency type settings.
  Ensure that the currency type for the Material Ledger matches the currency type used in FI and CO for the same valuation area.
  
  
  
  Review Material Master Data:
  
  Use transaction code MM03 to display the material master data.
  Check the currency type in the accounting view and ensure it aligns with the currency type in the Material Ledger.
  
  
  
  Adjust Valuation Area Settings:
  
  Use transaction code OBY6 to check the settings for the valuation area in FI.
  Ensure that the currency type settings are consistent with those in the Material Ledger.
  
  
  
  Update Material Ledger Settings:
  
  If necessary, you may need to update the Material Ledger settings to ensure they are aligned with the FI/CO settings.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or notes related to this error message for any specific guidance or patches that may address the issue.
  
  
  
  Testing:
  
  After making the necessary adjustments, perform a test transaction to ensure that the error no longer occurs.
  
  
  
  Related Information:
  
  Transaction Codes:
  
  MM03: Display Material Master
  OBY6: Configuration for Company Code
  CKM3N: Display Material Ledger Document
  
  
  SAP Notes: Check for any relevant SAP Notes that may provide additional insights or solutions for this specific error.
  Material Ledger Configuration: Familiarize yourself with the configuration of the Material Ledger, especially regarding currency types and valuation areas.
  
  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 FI/CO and Material Ledger configurations.