How To Fix GI142 - Ledger & has no group currency

SAP Error Message - Details

• Message type: E = Error

• Message class: GI - FI-SL update

• Message number: 142

• Message text: Ledger & has no group currency

What causes this issue?

This ledger should store a group currency. However, you have not
defined a currency key in the master data.

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?

Please check the ledger definition in Table T881.
<DS:TRAN.GCL2>Check ledger definition</>

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message GI142 - Ledger & has no group currency ?

  The SAP error message GI142 indicates that a ledger does not have a group currency assigned to it. This can occur in the context of Financial Accounting (FI) and Controlling (CO) modules when dealing with ledgers in the New General Ledger (New GL) functionality.
  Cause:
  
  Missing Group Currency Assignment: The ledger in question has not been assigned a group currency. This is typically required for consolidation purposes and reporting across different company codes.
  Configuration Issues: The configuration settings for the ledger may not have been set up correctly, leading to the absence of a group currency.
  Data Migration Issues: If data was migrated from an older version of SAP or from another system, the group currency settings may not have been transferred correctly.
  
  Solution:
  
  
  Assign Group Currency:
  
  Go to the configuration settings for the ledger in the SAP system.
  Navigate to the path: Financial Accounting (New) > General Ledger Accounting (New) > Master Data > Ledger > Define Ledgers.
  Select the ledger that is causing the issue and ensure that a group currency is assigned to it.
  Save the changes.
  
  
  
  Check Company Code Settings:
  
  Ensure that the company code associated with the ledger has a valid group currency defined.
  You can check this in the configuration under Financial Accounting > Financial Accounting Global Settings > Company Code > Define Company Code.
  
  
  
  Review Currency Settings:
  
  Verify that the currency settings for the company code and the ledger are consistent and correctly configured.
  
  
  
  Consult Documentation: If you are unsure about the changes, refer to SAP documentation or consult with your SAP Basis or FI/CO consultant for guidance.
  
  
  Related Information:
  
  Transaction Codes: You may use transaction codes like OB22 (for defining currencies) and OBY6 (for defining company code settings) to check and modify currency settings.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance on configuration.
  Testing: After making changes, perform tests to ensure that the error is resolved and that financial reporting functions as expected.
  
  If the issue persists after following these steps, it may be necessary to engage with SAP support or a qualified SAP consultant for further assistance.