How To Fix FR011 - This currency type cannot be used here

SAP Error Message - Details

• Message type: E = Error

• Message class: FR - Messages for FI Reporting

• Message number: 011

• Message text: This currency type cannot be used here

What causes this issue?

For the remeasurement, the valuation difference determined, from, for
example, company code currency into another currency type, for example,
group currency, is translated and posted.
The translation (remeasurement) must therefore be carried out in a
different currency type.

System Response

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

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 FR011 - This currency type cannot be used here ?

  The SAP error message FR011, which states "This currency type cannot be used here," typically occurs in the context of financial transactions or reporting where a specific currency type is not allowed or recognized in the current context. This error can arise in various modules, including Financial Accounting (FI), Controlling (CO), or when dealing with currency conversion.
  Causes:
  
  Incorrect Currency Type: The currency type being used in the transaction or report is not valid for the specific context (e.g., it may be a local currency, but the transaction requires a document currency).
  Configuration Issues: The currency type may not be configured correctly in the system settings, or it may not be assigned to the relevant company code or controlling area.
  Transaction Type Restrictions: Certain transaction types may only allow specific currency types, and using an unsupported currency type will trigger this error.
  Master Data Issues: The master data (e.g., vendor, customer, or material) may have an incorrect or unsupported currency type assigned.
  
  Solutions:
  
  Check Currency Type: Verify the currency type being used in the transaction. Ensure that it is appropriate for the context and that it matches the requirements of the transaction or report.
  Review Configuration: Check the configuration settings in the SAP system for currency types. This can be done in the following areas:
  
  Transaction OX15: Check the currency settings for the company code.
  Transaction OB22: Review the settings for currency types in the financial accounting configuration.
  
  
  Adjust Master Data: If the error is related to master data, ensure that the relevant master records (e.g., vendor, customer) have the correct currency type assigned.
  Consult Documentation: Review SAP documentation or help files related to currency types and their usage in the specific module you are working with.
  Contact Support: If the issue persists, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  Related Information:
  
  Currency Types: In SAP, currency types are defined in the system and can include local currency, document currency, and others. Each currency type has specific rules regarding where and how it can be used.
  Transaction Codes: Familiarize yourself with relevant transaction codes for checking and configuring currency settings, such as OB22 (Define Currency Types) and OX15 (Assign Company Code to Currency).
  SAP Notes: Check for any SAP Notes related to this error message, as they may provide additional insights or patches that address known issues.
  
  By following these steps, you should be able to identify the cause of the FR011 error and implement a suitable solution.