How To Fix FGL_PRE_CHECK021 - Currency type &1 of FI and CO is not supported in ML (valuation area &2)

FGL_PRE_CHECK021 - Overview

• Message type: E = Error

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

• Message number: 021

• Message text: Currency type &1 of FI and CO is not supported in ML (valuation area &2)

What causes this issue?

Currency type &V1& is supported in Financial Accounting (FI) and
Controlling (CO)<(>,<)> but not in the Material Ledger (ML) in valuation
area &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?

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.

FGL_PRE_CHECK021 - Details

• The SAP error message FGL_PRE_CHECK021 indicates that there is an issue with the currency type being used in the context of Multi-Level (ML) valuation in Financial Accounting (FI) and Controlling (CO). Specifically, it states that the currency type specified (denoted as &1) is not supported for the valuation area indicated (denoted as &2).
  
  Cause:
  
  Unsupported Currency Type: The currency type being used in the configuration for the valuation area is not compatible with the Multi-Level valuation process. This could be due to the currency type being set incorrectly or being a type that is not recognized by the system for ML purposes.
  
  Configuration Issues: There may be a misconfiguration in the settings for the valuation area in the FI or CO modules, particularly regarding currency settings.
  Customizations: If there are custom developments or modifications in the system, they might be affecting the currency settings.
  
  
  Solution:
  
  
  Check Currency Type Configuration:
  
  Go to the configuration settings for the valuation