How To Fix OM474 - 'Currency types from FI'. Currency types are being reset

SAP Error Message - Details

• Message type: E = Error

• Message class: OM - Customizing Materialwirtschaft

• Message number: 474

• Message text: 'Currency types from FI'. Currency types are being reset

What causes this issue?

You have set the <LS>Currency type from FI</> indicator.

System Response

The system will cancel any further entries for currency types 1, 2, and
3.

How to fix this error?

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message OM474 - 'Currency types from FI'. Currency types are being reset ?

  The SAP error message OM474, which states "Currency types from FI," typically occurs in the context of configuring currency types in the Financial Accounting (FI) module. This error can arise when there are inconsistencies or issues with the currency types defined in the system, particularly when they are being reset or modified.
  Cause of OM474 Error
  
  
  Inconsistent Currency Configuration: The error may occur if there are inconsistencies in the currency types defined in the FI module. This can happen if the currency types are not properly assigned or if there are discrepancies between the configuration in FI and other modules.
  
  
  Missing or Incorrect Settings: If the currency types are not set up correctly in the system or if there are missing entries in the configuration tables, this can lead to the error.
  
  
  Data Migration Issues: If data has been migrated from another system or if there have been changes in the currency settings, this can lead to inconsistencies that trigger the error.
  
  
  User Authorizations: Sometimes, the error can be related to user authorizations, where the user does not have the necessary permissions to view or modify currency types.
  
  
  Solution to OM474 Error
  
  
  Check Currency Type Configuration:
  
  Go to the configuration settings in SAP (Transaction Code: SPRO).
  Navigate to Financial Accounting (FI) > Financial Accounting Global Settings > Currencies > Define Currency Types.
  Ensure that the currency types are correctly defined and that there are no missing entries.
  
  
  
  Review Related Customizing Settings:
  
  Check if the currency types are correctly assigned to the relevant company codes and controlling areas.
  Ensure that the currency types are consistent across all relevant modules (e.g., CO, MM).
  
  
  
  Data Consistency Check:
  
  Run consistency checks to identify any discrepancies in the currency settings.
  Use transaction codes like SE16 or SE11 to check the relevant tables (e.g., T001 for company codes, T001W for currency types).
  
  
  
  User Authorizations:
  
  Verify that the user encountering the error has the necessary authorizations to access and modify currency types.
  Check the user roles and profiles to ensure they include the required permissions.
  
  
  
  Consult SAP Notes:
  
  Check the SAP Support Portal for any relevant SAP Notes that may address this specific error. There may be patches or updates that resolve known issues related to currency types.
  
  
  
  Testing in Development Environment:
  
  If changes are made, test them in a development or quality assurance environment before applying them to the production system to ensure that they do not introduce new issues.
  
  
  
  Related Information
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as SPRO (Customizing), SE16 (Data Browser), and SE11 (Data Dictionary).
  Documentation: Review SAP documentation related to currency types and financial settings to understand the implications of changes.
  SAP Community: Engage with the SAP Community forums for insights and solutions from other users who may have encountered similar issues.
  
  If the problem persists after following these steps, it may be beneficial to consult with an SAP expert or reach out to SAP support for further assistance.