How To Fix GG474 - Ledger & already uses currency type &

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 474

• Message text: Ledger & already uses currency type &

What causes this issue?

You want to create standard general ledger &V3& with currency type &V2&
, but standard ledger &V1& already exists with currency type &V2&. Only
one standard general ledger may store currency type &V2&.

How to fix this error?

Remove the assignment of currency type &V2& for ledger &V3&.

Procedure for System Administrators

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 GG474 - Ledger & already uses currency type & ?

  The SAP error message GG474 typically indicates that there is an issue with the currency type being used in a ledger. This error occurs when you attempt to post a transaction in a ledger that already has a specific currency type assigned to it, and the system does not allow for the same currency type to be used again in that context.
  Cause:
  
  Currency Type Conflict: The ledger you are trying to use already has a currency type assigned, and the transaction you are attempting to post is trying to use the same currency type in a way that is not permitted.
  Configuration Issues: There may be configuration settings in the SAP system that restrict the use of certain currency types in specific ledgers.
  Posting Period Issues: The posting period may be closed or restricted for the currency type you are trying to use.
  
  Solution:
  
  Check Ledger Configuration: Review the configuration of the ledger in question to ensure that the currency types are set up correctly. You can do this by navigating to the relevant configuration settings in the SAP system.
  Review Currency Type Assignment: Ensure that the currency type you are trying to use is appropriate for the ledger and that it is not already in use in a conflicting manner.
  Posting Period: Check if the posting period is open for the currency type you are trying to use. If it is closed, you may need to open it or use a different period.
  Transaction Type: Ensure that the transaction type you are using is compatible with the currency type and ledger settings.
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on the error message and its implications.
  
  Related Information:
  
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message. SAP Notes often provide solutions or workarounds for specific error messages.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OB22 (for defining currency types) and OBY6 (for defining ledgers) to help troubleshoot the issue.
  User Roles and Authorizations: Ensure that you have the necessary authorizations to post transactions in the ledger and currency type you are working with.
  
  If the issue persists after checking these areas, it may be beneficial to consult with your SAP support team or a functional consultant who specializes in financial accounting within SAP.