How To Fix GG432 - Transaction currency only allowed for legal valuation

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 432

• Message text: Transaction currency only allowed for legal valuation

What causes this issue?

A ledger can only carry a transaction currency if the ledger was
created with legal valuation. The reason for this is that the
transaction currency can only be posted in the system with legal
valuation.

System Response

The system removes the indicator for the transaction currency.

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.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message GG432 - Transaction currency only allowed for legal valuation ?

  The SAP error message GG432, which states "Transaction currency only allowed for legal valuation," typically occurs in the context of financial transactions and valuations in SAP. This error is related to the configuration of currency settings in the system, particularly when dealing with legal valuations and transaction currencies.
  Cause:
  
  
  Currency Configuration: The error often arises when the system is trying to perform a valuation or transaction in a currency that is not set up correctly for legal valuation. This can happen if the transaction currency is not aligned with the legal currency settings in the system.
  
  
  Valuation Method: The valuation method being used may not support transaction currencies, or the settings for the valuation method may not be configured to allow for transaction currencies.
  
  
  Master Data Issues: There may be issues with the master data of the financial documents or accounts involved, such as missing or incorrect currency settings.
  
  
  Solution:
  
  
  Check Currency Settings: Verify the currency settings in the relevant configuration areas. Ensure that the transaction currency is allowed for legal valuation in the system settings.
  
  
  Review Valuation Methods: Check the valuation methods configured in the system. Ensure that the method being used supports transaction currencies and is set up correctly.
  
  
  Adjust Master Data: Review the master data for the accounts or documents involved in the transaction. Ensure that the currency settings are correct and that the accounts are set up to handle the transaction currency.
  
  
  Consult Documentation: Refer to SAP documentation or help resources for specific configuration steps related to currency and valuation settings.
  
  
  SAP Notes and Support: Check for any relevant SAP Notes that may address this specific error. If the issue persists, consider reaching out to SAP support for further assistance.
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with transaction codes related to currency configuration, such as OB22 (Define Currency Types) and OB08 (Exchange Rate Types).
  Financial Accounting (FI) Module: Understanding the FI module's configuration can help in troubleshooting currency-related issues.
  Legal Valuation: Be aware of the legal valuation requirements in your region, as they may affect how currencies are handled in financial transactions.
  
  By following these steps, you should be able to identify the root cause of the GG432 error and implement the necessary changes to resolve it.