How To Fix G0783 - Consolidation unit &1: Specification of source of group crcy key missing

SAP Error Message - Details

• Message type: E = Error

• Message class: G0 - Messages for SAP Consolidation

• Message number: 783

• Message text: Consolidation unit &1: Specification of source of group crcy key missing

What causes this issue?

You have specified the following settings for consolidation unit &V1&:
On the <LS>Data Collection</> tab page, you have selected the <LS>Read
from Universal Document</> data transfer method.
You have not specified a value for the source of the group currency
code.
On the <LS>Methods</> tab page, you have set the <LS>Entry in group
currency</> indicator.
In this case, you have to specify a non-initial value for the source of
the local currency code and for the source of the group currency code.
This value indicates the field in the universal document that the system
takes into account when reading the reported data for consolidation unit
&V1& and treats as group currency within consolidation.

System Response

The settings for consolidation unit &V1& are inconsistent and cannot be
saved.

How to fix this error?

Specify a non-initial value for the source of the local currency code
and for the source of the group currency code for consolidation unit
&V1&.
You specify the source of the local currency code on the <LS>Master Data
</> tab page.
To access the input fields for the source of the group currency code
dependent on the consolidation processing ledger, choose <LS>Goto -> FY
Variant</>.

Procedure for System Administrators

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.

Smart SAP Assistant

• What is the cause and solution for SAP error message G0783 - Consolidation unit &1: Specification of source of group crcy key missing ?

  The SAP error message G0783 indicates that there is a missing specification for the source of the group currency key in the context of a consolidation unit. This typically occurs in the Financial Consolidation module of SAP, particularly when dealing with group reporting and currency conversions.
  Cause:
  The error arises when the system cannot find the necessary configuration or data that specifies how to derive the group currency for a particular consolidation unit. This can happen due to several reasons, including:
  
  Missing Configuration: The group currency key is not defined for the consolidation unit in the system.
  Incorrect Master Data: The master data for the consolidation unit may be incomplete or incorrectly set up.
  Data Migration Issues: If data has been migrated from another system, the necessary configurations may not have been transferred correctly.
  Changes in Currency Settings: Changes in the currency settings or group currency definitions may not have been updated in the relevant consolidation units.
  
  Solution:
  To resolve the G0783 error, you can follow these steps:
  
  
  Check Configuration:
  
  Go to the configuration settings for the consolidation unit in the SAP system.
  Ensure that the group currency key is correctly defined for the consolidation unit in question.
  
  
  
  Review Master Data:
  
  Verify the master data for the consolidation unit. Ensure that all required fields, including the group currency key, are filled out correctly.
  You can check this in the relevant transaction (e.g., transaction code OBY6 for defining the group currency).
  
  
  
  Update Missing Information:
  
  If the group currency key is missing, you will need to enter the appropriate value. This may involve consulting with your finance or accounting team to determine the correct group currency.
  
  
  
  Check for Data Migration Issues:
  
  If the error occurred after a data migration, review the migration process to ensure that all necessary configurations were included.
  
  
  
  Test the Changes:
  
  After making the necessary updates, test the consolidation process again to see if the error persists.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for additional guidance on configuring group currencies and consolidation units.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OBY6 (for defining group currencies) and GCR1 (for managing consolidation units).
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  User Roles: Ensure that you have the necessary authorizations to make changes to the configuration and master data.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a consultant who specializes in SAP Financial Consolidation.