How To Fix GU212 - A currency translation group does not exist for global company &

GU212 - Overview

• Message type: E = Error

• Message class: GU - FI-SL utilities

• Message number: 212

• Message text: A currency translation group does not exist for global company &

What causes this issue?

A currency translation method is not assigned to the global company.

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?

Assign a currency translation method to the global company.

Error message extract from SAP system. Copyright SAP SE.

GU212 - Details

• The SAP error message GU212 indicates that there is an issue with currency translation in the context of a global company. Specifically, it means that the system cannot find a currency translation group for the specified global company. This can occur in various scenarios, such as during financial reporting, consolidation, or when performing currency translations in SAP.
  
  Cause:
  
  Missing Currency Translation Group: The primary cause of this error is that the currency translation group has not been defined for the global company in the system.
  Incorrect Configuration: The configuration settings for the global company may be incomplete or incorrect, leading to the absence of a valid currency translation group.
  Data Entry Error: There may be a typographical error in the global company code or the currency translation group being referenced.
  
  
  Solution:
  To resolve the GU212 error, you can follow these steps:
  
  
  Check Configuration:
  
  Go to the SAP Customizing Implementation Guide (IMG) and navigate to the following path:Financial Accounting