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

SAP Error Message - Details

• 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.

Smart SAP Assistant

• What is the cause and solution for SAP error message KM441 - Currency type &1 is not allowed for parallel valuation ?

  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 > Define Currency Types.
  Ensure that the currency type you are trying to use is allowed for parallel valuation.
  
  
  
  Review Parallel Valuation Settings:
  
  Check the settings for parallel valuation in your asset accounting configuration.
  Ensure that the currency types you are using are correctly assigned to the valuation areas and that they are set up to allow parallel valuation.
  
  
  
  Adjust Transaction Data:
  
  If the error occurs during a specific transaction, review the transaction data to ensure that the correct currency type is being used.
  If necessary, change the currency type to one that is allowed for parallel valuation.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources for more details on currency types and parallel valuation settings.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the configuration and transaction data, consider reaching out to SAP support for further assistance.
  
  
  
  Related Information:
  
  Parallel Valuation: This refers to the ability to manage multiple valuation methods for assets, such as book value and tax value, which may require different currency types.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OADB (for asset accounting) and OB22 (for currency type configuration).
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to currency types and parallel valuation.
  
  By following these steps, you should be able to identify the cause of the KM441 error and implement the necessary changes to resolve it.