How To Fix FML_CUST002 - ML currency type but not FI currency type

SAP Error Message - Details

• Message type: E = Error

• Message class: FML_CUST - Message Class for ML Customizuing

• Message number: 002

• Message text: ML currency type but not FI currency type

What causes this issue?

This currency is marked as a material ledger currency, but it is not
integrated in the FI component.

System Response

The currency cannot be used as a material ledger currency.

How to fix this error?

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

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FML_CUST002 - ML currency type but not FI currency type ?

  The SAP error message FML_CUST002 typically indicates an issue related to the configuration of currency types in the system, particularly when dealing with Multi-Language (ML) currencies and Financial Accounting (FI) currencies. This error usually arises when there is a mismatch or misconfiguration in the currency settings for a particular transaction or document.
  Cause:
  
  Currency Type Configuration: The error suggests that the currency type being used is defined as a Multi-Language currency type but is not recognized as a Financial Accounting currency type. This can happen if the currency type is not properly assigned in the configuration settings.
  Document Type Settings: The document type being used may not support the currency type that is being attempted.
  Master Data Issues: There may be inconsistencies in the master data related to currency settings for customers, vendors, or materials.
  Transaction Settings: The transaction being processed may not be set up to handle the specific currency type.
  
  Solution:
  
  
  Check Currency Type Configuration:
  
  Go to the configuration settings in SAP (Transaction Code: SPRO).
  Navigate to Financial Accounting (New) > Financial Accounting Global Settings (New) > Currencies > Define Currency Types.
  Ensure that the currency type in question is correctly defined and that it is marked as an FI currency type if it needs to be.
  
  
  
  Review Document Type Settings:
  
  Check the document type settings to ensure that the currency type is allowed for the specific document type you are working with.
  This can be done in the configuration under Financial Accounting > Accounts Receivable and Accounts Payable > Document Types.
  
  
  
  Validate Master Data:
  
  Review the master data for customers, vendors, or materials to ensure that the currency settings are correct and consistent.
  Check if the currency type is correctly assigned in the master records.
  
  
  
  Transaction Configuration:
  
  If the error occurs during a specific transaction, review the configuration for that transaction to ensure it supports the currency type being used.
  
  
  
  Testing:
  
  After making the necessary changes, perform a test transaction to ensure that the error has been resolved.
  
  
  
  Related Information:
  
  SAP Notes: Check SAP Notes for any specific notes related to the error message FML_CUST002. SAP frequently updates their knowledge base with solutions for common issues.
  Documentation: Review SAP documentation related to currency types and financial accounting to understand the implications of different currency settings.
  Support: If the issue persists after checking the above configurations, consider reaching out to SAP support or your internal SAP support team for further assistance.
  
  By following these steps, you should be able to identify and resolve the cause of the FML_CUST002 error in your SAP system.