How To Fix FML_CUST040 - Only one currency for profit center valuation is allowed

FML_CUST040 - Overview

• Message type: E = Error

• Message class: FML_CUST - Message Class for ML Customizuing

• Message number: 040

• Message text: Only one currency for profit center valuation is allowed

What causes this issue?

The material ledger type can be defined with up to three currencies and
valuations.
For profit center valuation, however, only one currency can be defined.
Two currencies at once is not allowed since the currency and valuation
profile can contain only one currency per valuation.

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

System Response

How to fix this error?

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_CUST040 - Only one currency for profit center valuation is allowed ?

  The SAP error message FML_CUST040 indicates that there is an issue with the configuration of profit center valuation in the system. Specifically, it means that the system has detected multiple currencies assigned to a profit center, which is not allowed. Profit centers can only be valued in a single currency.
  
  Cause:
  
  
  Multiple Currencies Assigned: The primary cause of this error is that the profit center is configured with more than one currency in the system. This can happen if:
  
  The profit center is linked to multiple company codes that use different currencies.
  There are inconsistencies in the currency settings in the controlling area or profit center master data.
  
  
  
  
  Configuration Issues: There may be issues in the configuration settings for the controlling area or profit center that allow for multiple currencies.
  
  
  
  Solution:
  To resolve the error, you can follow these steps:
  
  
  Check Profit Center Configuration:
  
  Go to the transaction code KE52 (Change Profit Center) and check the currency settings for