How To Fix FQ766 - No rounding unit defined for company code group & and currency &

FQ766 - Overview

• Message type: E = Error

• Message class: FQ - Payment Requests and Payment Program

• Message number: 766

• Message text: No rounding unit defined for company code group & and currency &

What causes this issue?

You have not assigned a rounding unit to company code group &V1& and
currency &V2&.

System Response

No rounding is entered.

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.

Error message extract from SAP system. Copyright SAP SE.

FQ766 - Details

• The SAP error message FQ766 indicates that there is no rounding unit defined for a specific company code group and currency in the system. This error typically arises during financial transactions or when processing documents that require currency conversion or rounding.
  
  Cause:
  
  Missing Rounding Unit Configuration: The primary cause of this error is that the rounding unit for the specified company code group and currency has not been defined in the system.
  Incorrect Configuration: There may be an incorrect or incomplete configuration in the financial settings related to currency handling.
  Company Code Group Issues: The company code group may not be properly set up or linked to the relevant currencies.
  
  
  Solution:
  To resolve the FQ766 error, follow these steps:
  
  
  Define Rounding Units:
  
  Go to the SAP transaction code OB37 (or navigate through the menu: Financial Accounting > Financial Accounting Global Settings > Currencies > Define Rounding Units).
  Check if the rounding unit for the relevant company code group and