How To Fix GLFLEX001 - Valuation & does not exist

SAP Error Message - Details

• Message type: E = Error

• Message class: GLFLEX - Flexible G/L Customizing

• Message number: 001

• Message text: Valuation & does not exist

What causes this issue?

Valuation &V1& does not exist. There is an error in the parallel
currencies of the financial accounting.

System Response

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

How to fix this error?

Check the parallel currencies for company code &V2&.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message GLFLEX001 - Valuation & does not exist ?

  The SAP error message GLFLEX001 typically indicates that there is an issue with the valuation area or the valuation type in the context of General Ledger (G/L) accounting. This error often arises when the system cannot find the specified valuation area or when the configuration for the valuation type is incomplete or incorrect.
  Cause:
  
  Missing Valuation Area: The valuation area specified in the transaction does not exist in the system.
  Incorrect Configuration: The valuation type or area may not be properly configured in the system.
  Data Entry Error: There may be a typo or incorrect entry in the transaction that references the valuation area.
  Master Data Issues: The master data for the relevant accounts or materials may not be set up correctly.
  
  Solution:
  
  
  Check Valuation Area:
  
  Verify that the valuation area you are trying to use exists in the system. You can do this by navigating to the configuration settings in SAP.
  Use transaction code OBY6 to check the configuration of your company code and ensure that the valuation area is correctly assigned.
  
  
  
  Review Configuration:
  
  Go to the configuration settings for G/L accounts and ensure that the valuation types are correctly defined.
  Use transaction code OBY6 to check the settings for the valuation area and ensure that it is properly configured.
  
  
  
  Correct Data Entry:
  
  Double-check the entries you are making in the transaction. Ensure that there are no typos or incorrect references to valuation areas or types.
  
  
  
  Check Master Data:
  
  Ensure that the master data for the relevant accounts is correctly set up. This includes checking the G/L account settings and ensuring that they are linked to the correct valuation area.
  
  
  
  Consult Documentation:
  
  If the issue persists, refer to SAP documentation or consult with your SAP support team for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OBY6 (for company code settings) and FS00 (for G/L account master data).
  SAP Notes: Check SAP Notes for any known issues or patches related to the GLFLEX001 error.
  User Roles: Ensure that you have the necessary authorizations to access and modify the relevant configuration settings.
  
  If you continue to experience issues after following these steps, it may be beneficial to engage with your SAP support team or a consultant who specializes in SAP Financials for more in-depth troubleshooting.