How To Fix GK263 - Consolidated data can only be validated in group currency

GK263 - Overview

• Message type: E = Error

• Message class: GK - Messages for SAP Consolidation

• Message number: 263

• Message text: Consolidated data can only be validated in group currency

What causes this issue?

<DS:GLOS.consolidated_financial_data>Consolidated financial data</> is
always checked in <DS:GLOS.group_currency>group currency</>.

System Response

Program terminated

How to fix this error?

Either specify a different valuation, or validate the consolidated data
using the group currency.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message GK263 - Consolidated data can only be validated in group currency ?

  The SAP error message GK263, which states "Consolidated data can only be validated in group currency," typically occurs in the context of financial consolidation processes within SAP systems, particularly when using the SAP Financial Consolidation (FC) or SAP Business Planning and Consolidation (BPC) modules. This error indicates that the system is attempting to validate consolidated financial data that is not in the designated group currency.
  
  Cause:
  
  Currency Mismatch: The data being validated is in a local currency rather than the group currency. Consolidation processes require that all data be converted and validated in the group currency to ensure consistency and accuracy.
  
  Configuration Issues: There may be issues with the configuration of the currency settings in the consolidation application or the master data settings for the entities involved.
  Missing Currency Conversion: The necessary currency conversion routines may not have been executed, or the conversion rates may not be set up correctly.
  
  
  Solution:
  
  Check Currency Settings: Ensure that