How To Fix OM467 - Currency type '10' is not allocated to any material ledger type

OM467 - Overview

• Message type: E = Error

• Message class: OM - Customizing Materialwirtschaft

• Message number: 467

• Message text: Currency type '10' is not allocated to any material ledger type

What causes this issue?

Material ledger types containing the currency of the company code have
not been assigned to the valuation area.

System Response

The system can not activate valuation area &v1& for the material
ledger.

How to fix this error?

Assign currency type <LS>10</> (currency of the company code) to one of
the material ledger types assigned.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message OM467 - Currency type '10' is not allocated to any material ledger type ?

  The SAP error message OM467 indicates that the currency type '10' (which typically represents the transaction currency) is not allocated to any material ledger type in the system. This can occur during various transactions related to material management, especially when dealing with material valuation and accounting.
  
  Cause:
  
  Missing Configuration: The primary cause of this error is that the currency type '10' has not been assigned to any material ledger type in the configuration settings of the SAP system.
  Incorrect Material Ledger Type: The material ledger type being used in the transaction may not be set up to handle the specified currency type.
  System Settings: There may be inconsistencies in the system settings or configurations related to currency types and material ledger types.
  
  
  Solution:
  To resolve the error OM467, you can follow these steps:
  
  
  Check Material Ledger Configuration:
  
  Go to the SAP Easy Access screen and navigate to the following path:SPRO -> IMG -> Controlling -> Product Cost Controlling