How To Fix G00414 - Document type &1 exclusively posts in group currency

SAP Error Message - Details

• Message type: E = Error

• Message class: G00 - SAP Consolidation

• Message number: 414

• Message text: Document type &1 exclusively posts in group currency

What causes this issue?

You want to use document type &V1& for the automatic postings of the
consolidation of investments. This is not possible, because the
document type &V1& is not only planned for posting in group currency.
You can only use such document types in the consolidation of
investments, when they are not posted in group currency and in any
other currency.

System Response

Error message

How to fix this error?

In the Customizing of consolidation, check which currencies are
assigned to document type &V1&, or choose a different document type,
which posts exclusively in group currency.

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 G00414 - Document type &1 exclusively posts in group currency ?

  The SAP error message G00414 indicates that a document type is configured to exclusively post in group currency. This means that the transaction you are trying to execute is not allowed to post in local currency or any other currency, and it can only be processed in the group currency.
  Cause:
  
  Document Type Configuration: The document type you are using is set up in such a way that it only allows postings in group currency. This is typically defined in the configuration settings of the document type in the SAP system.
  Currency Settings: The currency settings for the company code or the specific transaction may not allow for local currency postings, leading to this error when attempting to post in a currency other than the group currency.
  
  Solution:
  
  
  Check Document Type Configuration:
  
  Go to the SAP Customizing Implementation Guide (SPRO).
  Navigate to Financial Accounting (New) > Financial Accounting Global Settings (New) > Document > Document Types > Define Document Types.
  Find the document type that is causing the error and check its settings. Ensure that it is configured to allow postings in local currency if that is required for your transactions.
  
  
  
  Review Currency Settings:
  
  Check the currency settings for the company code. Ensure that the local currency is correctly defined and that the group currency is also set up properly.
  You can check this in the company code settings under Financial Accounting > General Ledger > Master Data > G/L Account > Create/Change.
  
  
  
  Use a Different Document Type:
  
  If the document type you are using is strictly for group currency postings, consider using a different document type that allows for local currency postings if applicable.
  
  
  
  Consult with SAP Support:
  
  If you are unable to resolve the issue through configuration changes, consider reaching out to SAP support or your internal SAP team for further assistance.
  
  
  
  Related Information:
  
  Group Currency: This is a currency that is used for reporting purposes across multiple company codes or entities within a corporate group. It is often used in consolidated financial statements.
  Local Currency: This is the currency in which a company code operates and records its transactions.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OBY6 (for defining document types) and OX15 (for company code settings) to navigate the configuration settings more efficiently.
  
  By following these steps, you should be able to address the G00414 error and ensure that your postings are processed correctly in the desired currency.