How To Fix GI142 - Ledger & has no group currency

GI142 - Overview

• 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.

GI142 - Details

• 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