How To Fix GK383 - Local crcy of target CU &1 does not equal group crcy of source CG &2

GK383 - Overview

• Message type: E = Error

• Message class: GK - Messages for SAP Consolidation

• Message number: 383

• Message text: Local crcy of target CU &1 does not equal group crcy of source CG &2

What causes this issue?

The local currency of target consolidation unit &V1& and the group
currency of source consolidation group &V2& are different. Therefore,
the data cannot be written to target consolidation unit &V1&.

System Response

Error

How to fix this error?

Make sure that the group currency of the source group is the same as
the local currency of the target consolidation unit.

Procedure for System Administrators

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Error message extract from SAP system. Copyright SAP SE.

GK383 - Details

• The SAP error message GK383 indicates a currency mismatch between the local currency of the target currency unit (CU) and the group currency of the source currency group (CG). This typically occurs during processes such as data transfers, postings, or when consolidating financial data.
  
  Cause:
  
  Currency Configuration: The local currency of the target currency unit does not match the group currency of the source currency group. This can happen if the configuration settings for currencies in the system are not aligned.
  Data Entry Errors: Incorrect data entry during the setup of currency units or groups can lead to this mismatch.
  Master Data Issues: The master data for the currency units or groups may not be correctly defined, leading to inconsistencies.
  
  
  Solution:
  
  
  Check Configuration: 
  
  Verify the configuration of the currency units and groups in the SAP system. Ensure that the local currency of the target CU matches the group currency of the source CG.
  You can check this