How To Fix GG003 - The third currency cannot be activated

SAP Error Message - Details

• Message type: E = Error

• Message class: GG - Messages for FI-SL customizing

• Message number: 003

• Message text: The third currency cannot be activated

What causes this issue?

You have tried to activate the third currency of ledger &V1&. You
cannot do so because a third currency has not yet been defined for
ledger &V1&.

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?

If you want to activate the third currency of the ledger, you must first
define the third currency in the ledger master data.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message GG003 - The third currency cannot be activated ?

  The SAP error message GG003, which states "The third currency cannot be activated," typically occurs in the context of financial accounting when there is an attempt to activate a third currency in the system, but certain prerequisites or configurations are not met.
  Cause:
  
  Configuration Issues: The third currency feature may not be properly configured in the system. This could be due to missing settings in the company code or controlling area.
  Currency Type: The currency type for the third currency may not be defined correctly. SAP requires specific currency types to be set up for the third currency.
  Existing Data: If there are existing transactions or data that conflict with the activation of a third currency, this can prevent activation.
  User Authorizations: The user attempting to activate the third currency may not have the necessary authorizations to make changes to currency settings.
  
  Solution:
  
  
  Check Configuration:
  
  Go to the transaction code OB22 to check the configuration of the company code. Ensure that the third currency is allowed and properly set up.
  Verify that the currency types are correctly defined in the system.
  
  
  
  Define Currency Types:
  
  Use transaction code OB08 to define the currency types. Ensure that the third currency type is set up correctly.
  
  
  
  Review Existing Data:
  
  Check for any existing transactions that may be using the first or second currency and ensure that they do not conflict with the activation of the third currency.
  
  
  
  User Authorizations:
  
  Ensure that the user has the necessary authorizations to make changes to the currency settings. This may involve checking roles and permissions in the user profile.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help files for specific instructions on activating the third currency, as there may be additional steps or considerations based on your specific SAP version or configuration.
  
  
  
  SAP Notes:
  
  Check for any relevant SAP Notes that may address this issue. Sometimes, there are known issues or patches that can resolve specific error messages.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OB22 (for company code settings) and OB08 (for currency types).
  SAP Help Portal: Utilize the SAP Help Portal for detailed documentation on financial accounting and currency settings.
  Support: If the issue persists after checking the above points, consider reaching out to SAP support or your internal SAP support team for further assistance.
  
  By following these steps, you should be able to identify the cause of the GG003 error and implement the necessary solutions to activate the third currency in your SAP system.