How To Fix FKKPREP086 - &1 is not permitted as an alternative currency in company code &2

FKKPREP086 - Overview

• Message type: E = Error

• Message class: FKKPREP - Prepaid Functions

• Message number: 086

• Message text: &1 is not permitted as an alternative currency in company code &2

What causes this issue?

During a currency changeover, prepaid accounts can temporarily be posted
in two currencies. They are the currency to be replaced, and the
replacement currency. Currently, the currency &V3& is entered in the
prepaid account. You can always post in this currency. To permit posting
in a different currency, you must make an entry to that effect in
Customizing.

System Response

Error message, because currency &V1& is not entered as an alternative
currency for &V3& in company code &V2&.

How to fix this error?

If the transaction to be posted in currency &V1& is correct for the
situation, you have to add an entry in Customizing.

Procedure for System Administrators

In table TFKPPCNV, add or correct the entry for company code &V2&.

Error message extract from SAP system. Copyright SAP SE.

FKKPREP086 - Details

• The SAP error message FKKPREP086 indicates that a specific currency is not permitted as an alternative currency in the specified company code. This error typically arises in the context of financial transactions, particularly in the area of contract accounts receivable and payable (FI-CA).
  
  Cause:
  The error occurs when:
  
  A transaction is attempted that involves an alternative currency that has not been configured for the specified company code.
  The currency settings in the company code do not allow for the use of the specified alternative currency.
  
  
  Solution:
  To resolve this error, you can follow these steps:
  
  
  Check Company Code Settings:
  
  Go to the transaction code OBY6 (or navigate through the menu: Financial Accounting > Financial Accounting Global Settings > Company Code > Edit, Copy, Delete, Check Company Code).
  Verify the currency settings for the company code in question. Ensure that the alternative currency you are trying to use is listed and permitted.
  
  
  
  Configure Alternative Currencies:
  
  If the alternative currency is not configured,