How To Fix GC408 - Company & has different currency (&) than subgroup

GC408 - Overview

• Message type: E = Error

• Message class: GC - Error Messages for Consolidation/Extended General Ledger

• Message number: 408

• Message text: Company & has different currency (&) than subgroup

What causes this issue?

The subgroup currency differs from the ledger currency, and the local
currency of the company differs from the subgroup currency.
In general, the subgroup currency can be different than the ledger
currency. But, in this case, all companies within the subgroup must
use the subgroup's currency as their local currency. Subgroups like
this are refered to as local currency groups.

System Response

Error message

How to fix this error?

Please check the local currency in the related company's master record.
Actions

<ds:TRAN.GC12>Proceed</>
ENDIF

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message GC408 - Company & has different currency (&) than subgroup ?

  The SAP error message GC408 indicates that there is a mismatch in the currency settings between a company code and its associated subgroup. This typically occurs in the context of financial transactions or reporting where the currency of the company code does not match the currency of the subgroup (such as a controlling area or a profit center).
  
  Cause:
  
  Currency Mismatch: The primary cause of this error is that the company code is set up with a different currency than the subgroup it is associated with. For example, if the company code is in USD and the subgroup is in EUR, this error will occur.
  
  Configuration Issues: Incorrect configuration in the SAP system regarding currency settings for company codes and subgroups.
  Data Entry Errors: Manual entry errors during the setup of company codes or subgroups can lead to mismatched currencies.
  
  
  Solution:
  
  
  Check Configuration:
  
  Go to the configuration settings for the company code and the subgroup.
  Ensure that the