How To Fix GJ156 - Enter Currency Type and Valuation Method.

SAP Error Message - Details

• Message type: E = Error

• Message class: GJ - Joint Venture Accounting

• Message number: 156

• Message text: Enter Currency Type and Valuation Method.

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

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Smart SAP Assistant

• What is the cause and solution for SAP error message GJ156 - Enter Currency Type and Valuation Method. ?

  The SAP error message GJ156, which states "Enter Currency Type and Valuation Method," typically occurs in the context of financial transactions or when dealing with currency valuation in SAP. This error indicates that the system requires specific information regarding the currency type and the valuation method to proceed with the transaction or process.
  Cause:
  
  Missing Data: The currency type and valuation method fields are not filled in the relevant transaction or configuration screen.
  Configuration Issues: The system may not be properly configured to handle the currency types or valuation methods required for the transaction.
  Transaction Type: The specific transaction you are trying to execute may require additional parameters that have not been provided.
  
  Solution:
  
  
  Enter Required Fields: 
  
  Navigate to the transaction or screen where the error occurred.
  Look for fields labeled "Currency Type" and "Valuation Method."
  Enter the appropriate values for these fields. The currency type could be something like "01" for local currency, and the valuation method could be "M" for moving average, depending on your organization's configuration.
  
  
  
  Check Configuration:
  
  Ensure that the currency types and valuation methods are correctly configured in the system. This can typically be done in the SAP Customizing Implementation Guide (IMG) under Financial Accounting (FI) or Controlling (CO) settings.
  Verify that the currency types and valuation methods you are trying to use are active and correctly set up.
  
  
  
  Consult Documentation: 
  
  Review SAP documentation or help files related to the specific transaction you are working with to understand the required fields and their valid values.
  
  
  
  User Authorization: 
  
  Ensure that you have the necessary permissions to enter or modify the currency type and valuation method in the system.
  
  
  
  Contact Support: 
  
  If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Depending on the context, you may be using various transaction codes (e.g., FB01 for posting documents, MR21 for changing material prices, etc.) that require currency information.
  SAP Notes: Check for any relevant SAP Notes that might address this specific error or provide additional guidance.
  Training and Documentation: Ensure that users are trained on the importance of entering all required fields in financial transactions to avoid such errors.
  
  By following these steps, you should be able to resolve the GJ156 error and proceed with your SAP transactions.