How To Fix FINS_ML_ERD017 - Invalid: Currency type &1, valuation type &2, company code &3, ledger &4

FINS_ML_ERD017 - Overview

• Message type: E = Error

• Message class: FINS_ML_ERD - Material Ledger: Exchange Rate Differences

• Message number: 017

• Message text: Invalid: Currency type &1, valuation type &2, company code &3, ledger &4

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FINS_ML_ERD017 - Invalid: Currency type &1, valuation type &2, company code &3, ledger &4 ?

  The SAP error message FINS_ML_ERD017 indicates that there is an issue with the currency type, valuation type, company code, or ledger in the context of the Multi-Layered (ML) accounting. This error typically arises during the execution of financial transactions or when trying to post documents in the system.
  
  Cause:
  The error can be caused by several factors, including:
  
  Invalid Currency Type: The currency type specified in the transaction does not exist or is not configured correctly in the system.
  Invalid Valuation Type: The valuation type may not be defined for the specified currency type or is not valid for the given company code and ledger.
  Company Code Issues: The company code may not be set up correctly or may not have the necessary configurations for the specified currency and valuation types.
  Ledger Configuration: The ledger specified may not be active or may not support the currency type and valuation type being used.
  Master Data Issues: There may