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

SAP Error Message - Details

• 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.

Smart SAP Assistant

• What is the cause and solution for SAP error message GK383 - Local crcy of target CU &1 does not equal group crcy of source CG &2 ?

  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 in the SAP Customizing Implementation Guide (IMG) under Financial Accounting (FI) settings.
  
  
  
  Review Master Data:
  
  Check the master data for the currency units and groups involved. Ensure that they are set up correctly and that the currencies are aligned.
  You can use transaction codes like OB22 (for currency types) or OBA1 (for defining company codes) to review and adjust settings.
  
  
  
  Data Entry Validation:
  
  Ensure that any data entries related to currency units and groups are accurate and consistent. This includes checking any manual entries or uploads that may have been performed.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidance on handling currency-related errors. This can provide insights into best practices for currency configuration.
  
  
  
  Testing:
  
  After making any changes, perform tests to ensure that the error does not recur. This may involve running the same transaction or process that initially triggered the error.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OB22 (for currency types), OBA1 (for company code settings), and others that may help in reviewing currency configurations.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message. SAP Notes can provide additional context or solutions that may not be covered in standard documentation.
  User Forums: Engage with SAP community forums or user groups where similar issues may have been discussed. Other users may have encountered the same error and can provide insights or solutions.
  
  By following these steps, you should be able to identify the cause of the GK383 error and implement a solution to resolve it.