How To Fix FINS_ACDOC_CUST261 - Global currency field must use currency type &1 in ledger &3 / cocode &4

SAP Error Message - Details

• Message type: E = Error

• Message class: FINS_ACDOC_CUST - Unified Journal Entry - Customizing

• Message number: 261

• Message text: Global currency field must use currency type &1 in ledger &3 / cocode &4

What causes this issue?

If a valuation is assigned to a ledger, then the currency type of the
global currency field (KSL) must contain accordingly the currency and
valuation type for currency of the controlling area in that valuation.
If no valuation is assigned to the ledger then currency type of he
controlling area in legal valuation must be used for the global currency
field (KSL).

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

System Response

Currency and valuation type &V2& cannot be used in ledger &V3& and
Company Code &V4&.

How to fix this error?

Try the following procedure to correct the global currency type:
In the IMG activity <DS:SIMG.FINSVC_LEDGER> Define Settings for Ledgers
and Currency Types</> in section <ls>Company Code Settings for the
Ledger</> delete the company code &V4& from the ledger &V3&. Save your
changes.
Start the IMG activity anew and assign the company code &V4& again to
ledger &V3&.
Afterwards the global currency type should have the correct value.

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 FINS_ACDOC_CUST261 - Global currency field must use currency type &1 in ledger &3 / cocode &4 ?

  The SAP error message FINS_ACDOC_CUST261 indicates that there is a mismatch in the currency type being used in a financial document. Specifically, it states that the global currency field must use a specific currency type in the specified ledger and company code.
  Cause:
  This error typically occurs due to one of the following reasons:
  
  
  Incorrect Currency Type: The currency type used in the document does not match the expected currency type defined for the ledger and company code. For example, if the system expects a local currency but a document is being posted with a different currency type (like a hard currency or group currency), this error will be triggered.
  
  
  Configuration Issues: There may be configuration issues in the Financial Accounting (FI) module, particularly in the settings for ledgers and currency types.
  
  
  Document Type Settings: The document type being used may not be configured correctly to allow the currency type being used in the transaction.
  
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Currency Type: Verify the currency type being used in the transaction. Ensure that it matches the expected currency type for the specified ledger and company code.
  
  
  Review Ledger Settings: Go to the configuration settings for the ledger in question. Check the currency type settings to ensure they are correctly defined. You can do this in the SAP Customizing Implementation Guide (SPRO) under:
  
  Financial Accounting (New) -> General Ledger Accounting (New) -> Master Data -> G/L Accounts -> Prepare G/L Account Creation -> Define Account Groups and Field Status.
  
  
  
  Document Type Configuration: Check the configuration of the document type being used. Ensure that it allows for the currency type you are trying to use.
  
  
  Transaction Code: Use transaction code OB22 to check the settings for the currency types and ensure that they are correctly assigned to the relevant company code and ledger.
  
  
  Test with Different Currency: If possible, try posting the document with a different currency type that is known to be valid for the ledger and company code.
  
  
  Consult Documentation: Review SAP documentation or consult with your SAP support team for specific guidance related to your system configuration.
  
  
  Related Information:
  
  Currency Types: In SAP, currency types are defined in the system and can include local currency, hard currency, and group currency. Each ledger can have specific requirements for which currency types are acceptable.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as:
  
  OB22: For configuring currency types.
  FB50: For posting general ledger entries.
  FBL1N: For vendor line items.
  FBL3N: For G/L account line items.
  
  
  
  If the issue persists after checking the above points, it may be necessary to involve your SAP Basis or functional consultant for further investigation.