How To Fix OM487 - More than 3 currency types/valuations defined in FI and CO

SAP Error Message - Details

• Message type: E = Error

• Message class: OM - Customizing Materialwirtschaft

• Message number: 487

• Message text: More than 3 currency types/valuations defined in FI and CO

What causes this issue?

In Customizing for Financial Accounting and Controlling, more than three
parallel currencies or valuations have been defined. But the material
ledger only supports a maximum of three.

System Response

The material ledger category cannot be assigned.

Procedure for System Administrators

Check Customizing for Financial Accounting for company code &V1&.
Check Customizing for Controlling for controlling area &V2&.


Contact your system administrator.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message OM487 - More than 3 currency types/valuations defined in FI and CO ?

  The SAP error message OM487 indicates that there are more than three currency types or valuations defined in the Financial Accounting (FI) and Controlling (CO) modules. This is a limitation in SAP that restricts the number of currency types that can be used in certain configurations.
  Cause:
  The error typically arises when:
  
  You have defined more than three currency types in your company code settings.
  The system is trying to process a transaction that involves more than the allowed number of currency types.
  There may be inconsistencies in the configuration of currency types in FI and CO.
  
  Solution:
  To resolve the OM487 error, you can take the following steps:
  
  
  Review Currency Configuration:
  
  Go to the configuration settings in SAP for both FI and CO.
  Check the currency types defined in your company code settings. You can do this by navigating to:
  
  FI: SPRO ? Financial Accounting ? Financial Accounting Global Settings ? Currencies ? Define Currency Types
  CO: SPRO ? Controlling ? General Controlling ? Currencies ? Define Currency Types
  
  
  
  
  
  Limit Currency Types:
  
  Ensure that you are only using the three allowed currency types. Typically, these are:
  
  10 - Transaction currency
  20 - Controlling area currency
  30 - Group currency
  
  
  If you have additional currency types defined, consider removing or consolidating them.
  
  
  
  Check Transaction Settings:
  
  Review the specific transaction that is causing the error. Ensure that it is not attempting to use more than three currency types.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for more detailed guidance on currency configuration and limitations.
  
  
  
  Testing:
  
  After making changes, test the transactions again to ensure that the error is resolved.
  
  
  
  Seek Help from SAP Support:
  
  If you are unable to resolve the issue, consider reaching out to SAP support or your SAP consultant for further assistance.
  
  
  
  Related Information:
  
  Currency Types: In SAP, currency types are used to define how different currencies are used in financial transactions. The most common types are transaction currency, local currency, and group currency.
  Configuration: Proper configuration of currency types is crucial for accurate financial reporting and analysis in SAP.
  Documentation: Always refer to the latest SAP notes and documentation for updates or changes related to currency handling in your specific version of SAP.
  
  By following these steps, you should be able to resolve the OM487 error and ensure that your currency configuration is compliant with SAP's limitations.