How To Fix G01535 - Group currency value was transferred from local currency value

SAP Error Message - Details

• Message type: E = Error

• Message class: G01 - SAP Consolidation

• Message number: 535

• Message text: Group currency value was transferred from local currency value

What causes this issue?

This is the scenario:
The document type &V1& posts in the local currency and group currency.
The local currency key of consolidation unit &V2& is identical to group
currency key &V3&.

System Response

In the scenario above, the system also transfers the local currency
value as the group company value automatically when posting reported
financial data (to account assignment level zero).

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.

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 G01535 - Group currency value was transferred from local currency value ?

  The SAP error message G01535, which states "Group currency value was transferred from local currency value," typically occurs in the context of financial postings and currency conversions in SAP. This error indicates that the system is trying to derive the group currency value from the local currency value, but it is unable to do so due to certain conditions not being met.
  Cause:
  
  Missing Exchange Rate: The most common cause is that there is no valid exchange rate defined for the currency pair (local currency to group currency) in the system for the date of the transaction.
  Currency Type Issues: The currency type used in the transaction may not be set up correctly in the system.
  Configuration Issues: There may be configuration issues in the financial settings related to currency types or group currency settings.
  Posting Period Issues: The posting period may be closed, preventing the system from accessing the necessary exchange rates.
  
  Solution:
  
  
  Check Exchange Rates:
  
  Go to the transaction code OB08 to check if the exchange rates for the relevant currencies are maintained for the required date.
  If not, you will need to enter the appropriate exchange rate.
  
  
  
  Review Currency Configuration:
  
  Ensure that the currency types are correctly configured in the system. This can be checked in the configuration settings under Financial Accounting (FI) > General Ledger Accounting > Master Data > G/L Accounts > Prepare G/L Account Creation.
  
  
  
  Check Posting Period:
  
  Ensure that the posting period is open for the transaction date. You can check this in the transaction code OB52.
  
  
  
  Review Document:
  
  Check the document that is causing the error for any inconsistencies or missing information related to currency.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or notes related to currency handling and postings for any additional insights or updates.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  OB08: Maintain exchange rates.
  OB52: Open/close posting periods.
  FB03: Display document to review the document causing the error.
  
  
  
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  
  
  User Roles: Ensure that the user has the necessary authorizations to perform currency-related transactions.
  
  
  If the issue persists after checking the above points, it may be beneficial to consult with your SAP support team or a functional consultant who specializes in financial accounting within SAP.