How To Fix FMCA2240 - Enter the local currency of the company code as the currency (&1)

SAP Error Message - Details

• Message type: E = Error

• Message class: FMCA2 - PSCD: Messages for Document Interface

• Message number: 240

• Message text: Enter the local currency of the company code as the currency (&1)

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.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message FMCA2240 - Enter the local currency of the company code as the currency (&1) ?

  The SAP error message FMCA2240 indicates that there is an issue with the currency settings in a financial transaction or document. Specifically, it suggests that the local currency for the company code is not being correctly specified or is missing in the transaction you are trying to process.
  Cause:
  
  Incorrect Currency Entry: The currency entered in the transaction does not match the local currency defined for the company code.
  Missing Configuration: The company code may not have been properly configured with a local currency in the system.
  Transaction Type: The transaction type you are trying to execute may require a specific currency that is not being provided.
  Data Entry Error: There may be a simple data entry error where the currency field was left blank or incorrectly filled.
  
  Solution:
  
  
  Check Company Code Settings:
  
  Go to the transaction code OBY6 (or SPRO -> Financial Accounting -> General Settings -> Define Company Code) and verify that the local currency for the company code is correctly defined.
  
  
  
  Verify Transaction Currency:
  
  Ensure that the currency you are entering in the transaction matches the local currency of the company code. If you are entering a different currency, you may need to convert it or change the transaction settings.
  
  
  
  Review Transaction Type:
  
  Check if the transaction type you are using has specific currency requirements. You may need to adjust the settings or use a different transaction type.
  
  
  
  Data Entry:
  
  Double-check the data entry for any mistakes. Ensure that all required fields, especially the currency field, are filled out correctly.
  
  
  
  Consult Documentation:
  
  If you are unsure about the currency settings or how to proceed, consult the SAP documentation or reach out to your SAP support team for assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OBY6, SPRO, and others related to financial settings.
  Currency Types: Understand the difference between local currency, document currency, and group currency in SAP.
  SAP Notes: Check for any SAP Notes related to currency issues or the specific error message for additional guidance or patches.
  User Roles: Ensure that you have the necessary permissions to make changes to company code settings or financial transactions.
  
  By following these steps, you should be able to resolve the FMCA2240 error and proceed with your financial transactions in SAP.