How To Fix FML_CUST003 - Not an ML currency type. Is FI currency type but out of ML scope

FML_CUST003 - Overview

• Message type: E = Error

• Message class: FML_CUST - Message Class for ML Customizuing

• Message number: 003

• Message text: Not an ML currency type. Is FI currency type but out of ML scope

What causes this issue?

This currency is not marked as a material ledger currency. It is
contained in FI but is not allowed in ML because the FI currency is not
included in the ML scope.
The ML scope includes the following currency types:
Local currency
Global currency
1st freely defined currency
2nd freely defined currency

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.

FML_CUST003 - Details

• The SAP error message FML_CUST003 indicates that there is an issue with the currency type being used in a transaction that is related to the Multi-Language (ML) functionality in SAP. Specifically, this error suggests that the currency type is recognized as a Financial Accounting (FI) currency type but is not included in the Multi-Language scope.
  
  Cause:
  
  Currency Type Configuration: The currency type being used in the transaction is not configured to be part of the Multi-Language (ML) functionality. This can happen if the currency type is set up incorrectly in the system or if it is not included in the ML settings.
  Transaction Type: The transaction you are trying to execute may require a specific currency type that is not compatible with the ML settings.
  Master Data Issues: The master data (such as vendor or customer records) may have been set up with a currency type that is not recognized as part of the