How To Fix GLE_MCA316 - No valuation scheme, company code &1 excluded from processing

GLE_MCA316 - Overview

• Message type: E = Error

• Message class: GLE_MCA - Multicurrency Accounting

• Message number: 316

• Message text: No valuation scheme, company code &1 excluded from processing

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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message GLE_MCA316 - No valuation scheme, company code &1 excluded from processing ?

  The SAP error message GLE_MCA316 indicates that there is no valuation scheme defined for a specific company code in the context of the General Ledger (G/L) accounting. This error typically arises during the processing of financial transactions, particularly in the context of asset accounting or when dealing with financial statements.
  
  Cause:
  
  Missing Valuation Scheme: The primary cause of this error is that the valuation scheme for the specified company code has not been defined in the system. Valuation schemes are necessary for determining how financial transactions are valued and reported.
  
  Configuration Issues: There may be issues in the configuration settings related to the company code or the valuation methods.
  Data Inconsistencies: Inconsistencies in the master data or transaction data can also lead to this error.
  
  
  Solution:
  To resolve the GLE_MCA316 error, you can follow these steps:
  
  
  Define Valuation Scheme:
  
  Go to the SAP Easy Access screen.
  Navigate to the following path: Financial Accounting (FI) -> General Ledger -> Master