How To Fix GZ216 - Currency type & for reporting currency of ledger & not supported

SAP Error Message - Details

• Message type: E = Error

• Message class: GZ - Message class for FI-LC

• Message number: 216

• Message text: Currency type & for reporting currency of ledger & not supported

What causes this issue?

In ledger &V2&, currency type &V1& was assigned for the third currency
(reporting or ledger currency). Here you may only use the currency
types 30 or 80.

System Response

Processing terminated

How to fix this error?

Assign the valid currency types in the Implementation Guide in the step
<DS:SIMG.SIMG_CFMENUORFCOC37>Set up Ledgers</> in the chapter 'Master
Data'.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message GZ216 - Currency type & for reporting currency of ledger & not supported ?

  The SAP error message GZ216 indicates that there is an issue with the currency type being used for a specific ledger in the system. This error typically arises when the currency type specified for a transaction or reporting does not match the configuration settings in the SAP system.
  Cause:
  
  Currency Type Mismatch: The currency type specified in the transaction does not match the currency type defined for the ledger in the system.
  Configuration Issues: The ledger may not be configured to support the specified currency type.
  Missing Currency Settings: The currency settings for the company code or ledger may not be properly defined.
  Transaction Type: The transaction being processed may not support the currency type being used.
  
  Solution:
  
  
  Check Currency Type Configuration:
  
  Go to the configuration settings for the ledger in SAP (Transaction Code: OB22).
  Verify that the currency type you are trying to use is supported for the ledger in question.
  
  
  
  Review Company Code Settings:
  
  Ensure that the company code is set up correctly with the appropriate currency types (Transaction Code: OX15).
  Check if the reporting currency is defined correctly.
  
  
  
  Adjust Transaction Data:
  
  If you are entering a transaction, ensure that you are using the correct currency type that is supported by the ledger.
  If necessary, change the currency type in the transaction to one that is valid for the ledger.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help files related to currency types and ledgers to understand the requirements and limitations.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the configurations and settings, consider reaching out to SAP support for further assistance.
  
  
  
  Related Information:
  
  Currency Types in SAP: SAP uses different currency types (e.g., 10 for company code currency, 20 for group currency, etc.) to manage financial transactions. Understanding these types is crucial for proper configuration.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OB22 (for ledger settings) and OX15 (for company code settings).
  SAP Notes: Check for any SAP Notes related to currency types and error GZ216 for additional insights or patches that may resolve the issue.
  
  By following these steps, you should be able to identify the cause of the GZ216 error and implement a solution to resolve it.