How To Fix GC877 - Reclassification in transaction currency only is not permitted

GC877 - Overview

• Message type: E = Error

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

• Message number: 877

• Message text: Reclassification in transaction currency only is not permitted

What causes this issue?

<GL:reclassification>Reclassifications</> in
<GL:transaction_currency>transaction currency</> require an additional
currency to be assigned. This can be
the local currency in a local currency group (group currency is the
same as the local currency of the companies of the group)
the <GL:group_currency>group currency</>, that is the same as the
ledger currency

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Check the <GL:document_type>document type</> you are using with regard
to the currency assignment.

Error message extract from SAP system. Copyright SAP SE.

GC877 - Details

• The SAP error message GC877, which states "Reclassification in transaction currency only is not permitted," typically occurs during the reclassification of financial documents or postings in SAP. This error indicates that the system does not allow reclassification when it involves only the transaction currency without a corresponding reclassification in the local currency.
  
  Cause:
  
  Transaction Currency Only: The error arises when an attempt is made to reclassify a document or transaction that is recorded only in the transaction currency without any adjustments or reclassifications in the local currency.
  Configuration Settings: The system may be configured to require that any reclassification must involve both the transaction currency and the local currency.
  Document Type Restrictions: Certain document types may have restrictions that prevent reclassification in transaction currency only.
  
  
  Solution:
  
  Check Currency Settings: Ensure that the reclassification process includes both transaction currency and local currency adjustments. You may need to adjust the document to include local currency values.
  Review Configuration: Check