How To Fix FML_CUST007 - Not an ML currency type, but is FI currency type and allowed in ML

SAP Error Message - Details

• Message type: E = Error

• Message class: FML_CUST - Message Class for ML Customizuing

• Message number: 007

• Message text: Not an ML currency type, but is FI currency type and allowed in ML

What causes this issue?

This currency is not marked as a material ledger currency, but it is
contained in FI and is allowed in ML.

System Response

The currency can 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_CUST007 - Not an ML currency type, but is FI currency type and allowed in ML ?

  The SAP error message FML_CUST007 indicates that there is a mismatch between the currency type settings in the system, specifically related to the Multi-Language (ML) functionality in Financial Accounting (FI). This error typically arises when a currency is defined as a Financial Accounting currency but is not set up as a Multi-Language currency type.
  Cause:
  
  Currency Configuration: The currency in question is configured as a Financial Accounting currency but is not recognized as a Multi-Language currency type. This can happen if the currency is not properly defined in the currency settings or if the settings do not align with the requirements for Multi-Language functionality.
  Master Data Issues: There may be inconsistencies in the master data settings for the company code or the relevant financial documents that are trying to use this currency.
  Customizing Settings: The customizing settings for the currency types in the system may not be correctly configured to allow the use of this currency in Multi-Language scenarios.
  
  Solution:
  
  
  Check Currency Configuration:
  
  Go to the transaction code OB08 (Maintain Exchange Rates) and verify the currency settings.
  Ensure that the currency is defined correctly and is marked as a Multi-Language currency type if it is intended to be used in that context.
  
  
  
  Review Company Code Settings:
  
  Use transaction code OBY6 to check the company code settings and ensure that the currency type is correctly assigned.
  Make sure that the currency type is allowed for the company code in question.
  
  
  
  Adjust Customizing Settings:
  
  Navigate to the customizing settings for currencies (transaction code SPRO).
  Under Financial Accounting (New) > Financial Accounting Global Settings (New) > Currencies, check the settings for currency types and ensure that the relevant currency is allowed for Multi-Language.
  
  
  
  Master Data Review:
  
  Review the master data for the relevant accounts, vendors, or customers to ensure that the currency settings are consistent and correct.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help notes related to currency configuration and Multi-Language settings for further guidance.
  
  
  
  Related Information:
  
  Transaction Codes: OB08 (Maintain Exchange Rates), OBY6 (Company Code Global Settings), SPRO (SAP Reference IMG).
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance on currency configuration.
  Testing: After making changes, perform tests to ensure that the error is resolved and that transactions can be processed without issues.
  
  If the problem persists after following these steps, it may be beneficial to consult with an SAP functional consultant or reach out to SAP support for further assistance.