How To Fix GK387 - Posting in local currency of the investee unit &1 is not possible

SAP Error Message - Details

• Message type: E = Error

• Message class: GK - Messages for SAP Consolidation

• Message number: 387

• Message text: Posting in local currency of the investee unit &1 is not possible

What causes this issue?

You have specified investee unit &V1&. No consolidation of investments
method used for posting goodwill in local currency is assigned to this
investee unit in &V3&/&V2&.

System Response

The fields are no longer ready for input. If you have already entered
the book value in the local currency of the investee unit or the date of
acquisition, the system deletes these entries.

How to fix this error?

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

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message GK387 - Posting in local currency of the investee unit &1 is not possible ?

  The SAP error message GK387, which states "Posting in local currency of the investee unit &1 is not possible," typically occurs in the context of financial transactions involving investments or equity accounting. This error indicates that there is an issue with the currency settings for the investee unit in question.
  Cause:
  
  Currency Mismatch: The local currency of the investee unit does not match the currency of the transaction being posted. This can happen if the transaction is being recorded in a currency that is not supported by the investee unit's configuration.
  Incorrect Configuration: The investee unit may not be properly configured to allow postings in its local currency. This could be due to settings in the company code or controlling area.
  Missing Exchange Rate: If the transaction currency is different from the local currency, there may be a missing exchange rate for the conversion.
  Posting Period Issues: The posting period may be closed or not open for the currency being used.
  
  Solution:
  
  Check Currency Settings: Verify the local currency settings for the investee unit. Ensure that the currency in which you are trying to post matches the local currency of the investee unit.
  Review Transaction Currency: Ensure that the transaction is being posted in the correct currency. If necessary, convert the transaction amount to the local currency of the investee unit.
  Update Configuration: If the investee unit is not configured correctly, you may need to update the settings in the company code or controlling area to allow postings in the local currency.
  Exchange Rate Maintenance: Check if the necessary exchange rates are maintained in the system. If not, you may need to enter the required exchange rates in the system.
  Open Posting Period: Ensure that the posting period is open for the currency you are trying to use. If it is closed, you may need to open it or post in a different period.
  
  Related Information:
  
  Transaction Codes: You may use transaction codes like OB08 (for maintaining exchange rates) or OBA7 (for checking currency settings) to help resolve the issue.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance.
  Documentation: Review SAP documentation related to currency settings, financial postings, and investment accounting for further insights.
  
  If the issue persists after checking these areas, it may be beneficial to consult with your SAP support team or a functional consultant who specializes in financial accounting within SAP.