How To Fix GLO_FIAA_JP_ANNEX16002 - Currency code &1 is not supported, only JPY; check dep. area &2

GLO_FIAA_JP_ANNEX16002 - Overview

• Message type: E = Error

• Message class: GLO_FIAA_JP_ANNEX16 - FIAA G11N Japan - Annex16

• Message number: 002

• Message text: Currency code &1 is not supported, only JPY; check dep. area &2

What causes this issue?

You have entered a currency key other than Japanese Yen (JPY).

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

System Response

How to fix this error?

Enter JPY as the currency key for depreciation area &v2& in the IMG
activity <DS:SIMG.ORFA_BEREICH_FREMD>Define Depreciation Areas for
Foreign Currencies.</>

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

GLO_FIAA_JP_ANNEX16002 - Details

• The SAP error message GLO_FIAA_JP_ANNEX16002 indicates that there is an issue with the currency code being used in a specific context, particularly in relation to Japanese accounting or financial reporting. The error message specifies that only the Japanese Yen (JPY) is supported for the operation you are trying to perform, and it references a specific depreciation area.
  
  Cause:
  
  Incorrect Currency Code: The error occurs when a currency code other than JPY is used in a transaction or report that is specifically designed for Japanese accounting standards.
  
  Configuration Issues: There may be a configuration issue in the system where the depreciation area is set up to only accept JPY, but a different currency is being used.
  Data Entry Error: A user may have mistakenly entered a currency code that is not supported.
  
  
  Solution:
  
  Check Currency Code: Ensure that the currency code being used in the transaction or report is set to JPY. If you are using a