How To Fix GI504 - Posting with trans. currency also requires local currency

GI504 - Overview

• Message type: E = Error

• Message class: GI - FI-SL update

• Message number: 504

• Message text: Posting with trans. currency also requires local currency

What causes this issue?

The local currency is missing for the document type you selected.

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?

In document type maintenance, you select the currencies to be
displayed. You should only use a document type that also selects the
local currency.
<DS:TRAN.GCBX>Maintain Actual Document Types</>
<DS:TRAN.GCBA>Maintain Plan Document Types</>

Error message extract from SAP system. Copyright SAP SE.

GI504 - Details

• The SAP error message GI504 ("Posting with transaction currency also requires local currency") typically occurs when you are trying to post a transaction in a currency that is not the local currency of the company code, and the system requires that both the transaction currency and the local currency be specified.
  
  Cause:
  
  Currency Configuration: The company code may be configured to require both local and transaction currencies for certain types of postings.
  Missing Local Currency: The transaction you are trying to post does not include the local currency amount, which is mandatory in this case.
  Document Type Settings: The document type you are using may have settings that enforce the requirement for local currency.
  Currency Type: The currency type used in the transaction may not be recognized as valid for the posting.
  
  
  Solution:
  
  Check Local Currency: Ensure that you are entering the local currency amount along with the transaction currency amount in your posting.
  Review Company Code Settings: