How To Fix GLFLEX_EMU001 - No local currency is maintained in company code &

GLFLEX_EMU001 - Overview

• Message type: E = Error

• Message class: GLFLEX_EMU - Euro Conversion for Flexible General Ledger

• Message number: 001

• Message text: No local currency is maintained in company code &

What causes this issue?

During the local currency changeover, company code <(>&<)>V1& is
entered in table EWUORG for the changeover. However, this company code
has no local currency.

System Response

The program outputs a warning. The company code is not included in the
changeover.

How to fix this error?

Check the Customizing setting for this company code. If the setting is
correct, the warning can be ignored. Otherwise, make a change to the
Customizing setting and restart the local currency changeover with a
new package.

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 GLFLEX_EMU001 - No local currency is maintained in company code & ?

  The SAP error message GLFLEX_EMU001 indicates that there is no local currency maintained for a specific company code in the system. This error typically arises when you are trying to perform transactions that require a local currency setting, such as posting journal entries or generating financial reports.
  
  Cause:
  The primary cause of this error is that the company code in question does not have a local currency defined in its configuration. Every company code in SAP must have a local currency assigned, which is usually the currency of the country where the company code operates.
  
  Solution:
  To resolve the error, you need to maintain the local currency for the affected company code. Here are the steps to do this:
  
  
  Access the Company Code Configuration:
  
  Go to the SAP Easy Access screen.
  Navigate to SPRO (SAP Project Reference Object) > IMG (Implementation Guide).
  Follow the path: Financial Accounting (New) > Financial Accounting Global Settings (New) > Company Code >