FINS_ML_START017 - Material Ledger type does not contain currency and valuation type &

SAP Error Message - Details

• Message type: E = Error

• Message class: FINS_ML_START - Messages for package FINS_ML_START

• Message number: 017

• Message text: Material Ledger type does not contain currency and valuation type &

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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FINS_ML_START017 - Material Ledger type does not contain currency and valuation type & ?

  The SAP error message FINS_ML_START017 indicates that the Material Ledger type you are trying to use does not contain the specified currency and valuation type. This error typically arises during the processing of material documents or when attempting to perform a valuation in the Material Ledger.
  Cause:
  
  Missing Configuration: The Material Ledger type may not be properly configured to include the specified currency and valuation type.
  Incorrect Settings: The settings for the Material Ledger may not align with the transaction you are trying to execute.
  Data Inconsistency: There may be inconsistencies in the data related to the Material Ledger configuration.
  
  Solution:
  To resolve this error, you can follow these steps:
  
  
  Check Material Ledger Configuration:
  
  Go to the transaction code OBY6 (or navigate through the menu: SPRO > Financial Accounting > General Ledger > Material Ledger > Activate Material Ledger).
  Ensure that the Material Ledger type you are using is correctly configured to include the necessary currencies and valuation types.
  
  
  
  Review Valuation Types:
  
  Use transaction code OMWB to check the valuation types assigned to the Material Ledger.
  Ensure that the valuation type you are trying to use is defined and linked to the appropriate Material Ledger type.
  
  
  
  Currency Settings:
  
  Check the currency settings in the Material Ledger configuration. Ensure that the currency you are trying to use is included in the configuration for the Material Ledger type.
  
  
  
  Check Material Master Data:
  
  Review the material master data for the specific material in question. Ensure that the valuation type and currency are correctly set up in the material master.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for detailed guidance on configuring the Material Ledger and resolving related issues.
  
  
  
  Testing:
  
  After making the necessary changes, test the transaction again to see if the error persists.
  
  
  
  Related Information:
  
  Transaction Codes: 
  
  OBY6: Activate Material Ledger
  OMWB: Valuation Types
  MM03: Display Material Master
  
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional troubleshooting steps.
  User Roles: Ensure that you have the necessary authorizations to make changes to the Material Ledger configuration.
  
  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 Material Management and Financial Accounting.