How To Fix G5101 - Local currency & not maintained in JV ledger for company &

SAP Error Message - Details

• Message type: E = Error

• Message class: G5 - IS-Oil /Joint Venture/ Material transfer pricing

• Message number: 101

• Message text: Local currency & not maintained in JV ledger for company &

The currency &V1& has been set up as a local currency in FI for company
&V2& but not as an additional currency in JV.
Cutback will therefore calculate the amounts in &V1& based on the
current exchange rate and not based on the historic data.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message G5101 - Local currency & not maintained in JV ledger for company & ?

  The SAP error message G5101 indicates that the local currency is not maintained in the Joint Venture (JV) ledger for a specific company code. This error typically arises when you are trying to post transactions in the Joint Venture Accounting module, and the system cannot find the necessary currency settings for the specified company code.
  Cause:
  
  Missing Local Currency Configuration: The local currency for the company code has not been defined in the JV ledger settings.
  Incorrect Company Code: The company code specified in the transaction may not be correctly set up in the JV ledger.
  Configuration Issues: There may be issues with the configuration of the Joint Venture Accounting module or the related financial settings.
  
  Solution:
  To resolve the G5101 error, follow these steps:
  
  
  Check Company Code Settings:
  
  Go to the transaction code OBY6 (or navigate through the menu: SPRO > Financial Accounting > General Ledger > Master Data > G/L Accounts > Prepare G/L Account Creation).
  Ensure that the local currency is defined for the company code in question.
  
  
  
  Maintain Local Currency in JV Ledger:
  
  Use transaction code OJV1 to access the Joint Venture Ledger settings.
  Check if the local currency is maintained for the specific JV ledger associated with the company code.
  If it is not maintained, you will need to add the local currency.
  
  
  
  Review JV Configuration:
  
  Ensure that the Joint Venture Accounting configuration is correctly set up. This includes checking the JV ledger settings and ensuring that all necessary parameters are defined.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help files related to Joint Venture Accounting for any additional configuration steps that may be required.
  
  
  
  Testing:
  
  After making the necessary changes, try to post the transaction again to see if the error persists.
  
  
  
  Related Information:
  
  Transaction Codes:
  
  OBY6: Company Code Global Settings
  OJV1: Maintain Joint Venture Ledger
  
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance.
  User Roles: Ensure that you have the necessary authorizations to make changes to the company code and JV ledger settings.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a functional consultant who specializes in Joint Venture Accounting.