How To Fix GLE_MCA422 - G/L Account &1 is only managed in local currency

SAP Error Message - Details

• Message type: E = Error

• Message class: GLE_MCA - Multicurrency Accounting

• Message number: 422

• Message text: G/L Account &1 is only managed in local currency

What causes this issue?

The items selected in the process to
<DS:GLOS.4D0D6D6AA6273C46E10000000A421945>adjust implicit FX
transactions</> include items from G/L account &V1&. This account is
managed in the local currency only.

System Response

The items are ignored and a warning message is written to the
application log.

How to fix this error?

If the G/L account in question is used in a
<DS:GLOS.4CB2C39E634D56C7E10000000A421947>Multi Currency Accounting</>
(MCA) environment, it must not be managed in local currency only.
You must adjust the master data of the account.
You can do this on the <ZK>SAP Easy Access</> screen under
<ZK>Accounting -> Financial Accounting -> General Ledger -> Master
Records -> G/L Accounts -> Individual Processing ->
<DS:TRAN.FS00>Centrally</> (Transaction FS00).</>
If the account is meant to be managed in local currency only, adjust the
selection parameters on the selection screen the next time that you
start the report.

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 GLE_MCA422 - G/L Account &1 is only managed in local currency ?

  The SAP error message GLE_MCA422 indicates that a General Ledger (G/L) account is only managed in local currency, and you are attempting to perform an operation that requires the use of a different currency. This typically occurs in scenarios where you are trying to post a transaction in a foreign currency to a G/L account that is not set up to handle it.
  Cause:
  
  G/L Account Configuration: The G/L account in question is configured to only allow postings in the local currency. This means that it does not support transactions in foreign currencies.
  Transaction Currency: The transaction you are trying to post is in a currency other than the local currency of the G/L account.
  Currency Type: The account may be set up with a specific currency type that restricts it to local currency only.
  
  Solution:
  
  
  Check G/L Account Settings:
  
  Go to the G/L account master data (transaction code FS00).
  Check the currency settings for the account. Ensure that the account is set up to allow postings in foreign currencies if that is required for your business process.
  
  
  
  Change Transaction Currency:
  
  If the G/L account is correctly set to only allow local currency, you may need to change the transaction to use the local currency instead of a foreign currency.
  
  
  
  Create a New G/L Account:
  
  If you need to post transactions in multiple currencies, consider creating a new G/L account that is configured to handle both local and foreign currencies.
  
  
  
  Consult with Finance Team:
  
  Discuss with your finance or accounting team to understand the implications of changing the G/L account settings or creating a new account.
  
  
  
  Review Posting Logic:
  
  Ensure that the logic in your posting program or transaction is correctly identifying the currency and G/L account to avoid this error in the future.
  
  
  
  Related Information:
  
  Transaction Codes: 
  
  FS00: G/L Account Master Data
  FB50: General Ledger Account Document Entry
  
  
  SAP Notes: Check for any relevant SAP Notes that may provide additional insights or updates regarding this error message.
  Documentation: Review SAP documentation on G/L account configuration and currency management for more detailed guidance.
  
  By following these steps, you should be able to resolve the GLE_MCA422 error and ensure that your G/L account is set up correctly for your business needs.