How To Fix GPSC525 - For Ledger & curreny type & does not exits

GPSC525 - Overview

• Message type: E = Error

• Message class: GPSC - PSC Application

• Message number: 525

• Message text: For Ledger & curreny type & does not exits

What causes this issue?

Currency Type is not configured in the selected ledger

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?

Please configure Currency Type

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

GPSC525 - Details

• The SAP error message GPSC525 typically indicates that there is an issue with the configuration of the ledger and currency type in the system. This error can occur in various contexts, such as during the posting of documents or when trying to access certain financial reports.
  
  Cause:
  
  
  Missing Configuration: The specified ledger and currency type combination does not exist in the system. This could be due to:
  
  The ledger not being defined in the system.
  The currency type not being assigned to the ledger.
  The ledger being inactive or not properly configured.
  
  
  
  Incorrect Input: The user may have entered an incorrect ledger or currency type in the transaction.
  
  
  Data Migration Issues: If data was migrated from another system, there may have been issues with the mapping of ledgers and currency types.
  
  
  
  Solution:
  
  
  Check Configuration:
  
  Go to the configuration settings in SAP (Transaction Code: SPRO).
  Navigate to Financial Accounting (FI) > General Ledger Accounting > Master Data > G/L Accounts > Prepare