FINS_ML_UTIL004 - Cannot process valuation area &. Too many currency types

SAP Error Message - Details

• Message type: E = Error

• Message class: FINS_ML_UTIL - Message Class for FINS_ML_UTIL package

• Message number: 004

• Message text: Cannot process valuation area &. Too many currency types

What causes this issue?

Valuation area &V1& contains more than 12 currency and valuation types.

System Response

The transaction can only process valuation areas that contain a maximum
of 12 currency and valuation types.

How to fix this error?

If you have more than 12 currency and valuation types in a valuation
area, use the Fiori app <LS>Manage Material Valuations</>. This app
allows any number of currency and valuation types.

Procedure for System Administrators

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

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FINS_ML_UTIL004 - Cannot process valuation area &. Too many currency types ?

  The SAP error message FINS_ML_UTIL004 indicates that there are too many currency types defined for a specific valuation area in the system. This error typically arises in the context of the Material Ledger (ML) when the system is unable to process the valuation due to the excessive number of currency types associated with a particular valuation area.
  Cause:
  
  Excessive Currency Types: The valuation area has more currency types defined than the system can handle. This can happen if multiple currencies are configured for a single valuation area, exceeding the limits set by SAP.
  Configuration Issues: Incorrect configuration in the Material Ledger settings or in the currency settings for the valuation area can lead to this error.
  Data Migration Issues: If data has been migrated from another system or if there have been changes in the currency settings, it may lead to inconsistencies.
  
  Solution:
  
  
  Review Currency Configuration:
  
  Go to the configuration settings for the Material Ledger and check the currency types defined for the valuation area in question.
  Ensure that the number of currency types does not exceed the allowed limit.
  
  
  
  Adjust Currency Types:
  
  If there are unnecessary currency types defined, consider removing or consolidating them to reduce the total count.
  You can do this in the configuration settings under Material Ledger > Valuation > Define Currency Types.
  
  
  
  Check Valuation Area Settings:
  
  Verify the settings for the valuation area to ensure they are correctly configured and do not have redundant or conflicting currency types.
  
  
  
  Consult SAP Notes:
  
  Check for any relevant SAP Notes that may address this specific error. SAP frequently releases notes that provide fixes or workarounds for known issues.
  
  
  
  Testing:
  
  After making changes, perform tests to ensure that the error no longer occurs and that the system processes valuations correctly.
  
  
  
  Contact SAP Support:
  
  If the issue persists after trying the above solutions, consider reaching out to SAP Support for further assistance. They may provide additional insights or patches if this is a known issue.
  
  
  
  Related Information:
  
  Material Ledger: A component in SAP that allows for the management of inventory valuation in multiple currencies and provides detailed information on material movements.
  Currency Types: In SAP, currency types are used to define how different currencies are handled in financial transactions, including local currency, group currency, and transaction currency.
  Valuation Area: This is typically defined at the plant level in SAP and is used to manage the valuation of materials.
  
  By addressing the configuration and ensuring that the number of currency types is within acceptable limits, you should be able to resolve the FINS_ML_UTIL004 error.