How To Fix KM441 - Currency type &1 is not allowed for parallel valuation

KM441 - Overview

• Message type: E = Error

• Message class: KM - Error messages for Profit Center Accounting

• Message number: 441

• Message text: Currency type &1 is not allowed for parallel valuation

What causes this issue?

At this time only certain currency types are allowed for multiple
valuation methods throughout the system.

How to fix this error?

Display the possible entries.

Error message extract from SAP system. Copyright SAP SE.

KM441 - Details

• The SAP error message KM441, which states "Currency type &1 is not allowed for parallel valuation," typically occurs in the context of Financial Accounting (FI) and Controlling (CO) when dealing with parallel valuation methods in Asset Accounting (FI-AA) or when using multiple currencies in financial reporting.
  
  Cause:
  The error arises when a currency type that is not configured for parallel valuation is used in a transaction or configuration. In SAP, currency types are defined in the system, and certain currency types may be restricted from being used in specific valuation scenarios. Common currency types include:
  
  00: Transaction currency
  10: Local currency
  20: Hard currency
  30: Index-based currency
  
  If a currency type that is not allowed for parallel valuation is used, the system will throw this error.
  
  Solution:
  To resolve the KM441 error, you can take the following steps:
  
  
  Check Currency Type Configuration:
  
  Go to the configuration settings in SAP (Transaction code SPRO).
  Navigate to Financial Accounting (FI) > Asset Accounting > Valuation