How To Fix FTR_TREA430 - Local currency is not allowed for clearing account &1

SAP Error Message - Details

• Message type: E = Error

• Message class: FTR_TREA - Messages for TREA

• Message number: 430

• Message text: Local currency is not allowed for clearing account &1

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message FTR_TREA430 - Local currency is not allowed for clearing account &1 ?

  The SAP error message FTR_TREA430 indicates that there is an issue with the local currency being used for a clearing account in the context of financial transactions, particularly in the area of treasury and risk management. This error typically arises when you attempt to perform a transaction that involves clearing accounts that are not configured to accept local currency.
  
  Cause:
  
  Clearing Account Configuration: The clearing account specified in the transaction is not set up to allow local currency transactions. This can happen if the account is configured to only accept foreign currencies or if it is a specific type of account that does not support local currency.
  Transaction Type: The type of transaction you are trying to execute may not be compatible with local currency for the specified clearing account.
  Master Data Settings: The master data for the clearing account may not be correctly configured to handle local currency transactions.
  
  
  Solution:
  
  
  Check Clearing Account Configuration:
  
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