How To Fix OM516 - Currency/valuation profile &1 active in controlling area &2

OM516 - Overview

• Message type: E = Error

• Message class: OM - Customizing Materialwirtschaft

• Message number: 516

• Message text: Currency/valuation profile &1 active in controlling area &2

What causes this issue?

You want to cancel the activation of the material ledger.
The system has discovered that the currency and valuation profile &V1&
for parallel valuation approaches/transfer prices is already active in
controlling area &V2&.
If you wish to use parallel valuation in controlling area &V2&, the
material ledger must be active in valuation area &V3&.

System Response

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

How to fix this error?

1. Set the indicator to activate the material ledger for
valuation area &V3&
or cancel the activation of parallel valuation approaches
(transfer prices) in controlling area &V2&.
2. If you wish to use parallel valuation approaches,
check the Customizing settings in the material ledger. If
the Customizing settings are in order, set the material
ledger in valuation area &V3& to "productive".


Contact your system administrator.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message OM516 - Currency/valuation profile &1 active in controlling area &2 ?

  The SAP error message OM516 indicates that there is an issue related to the currency or valuation profile in the controlling area. This error typically arises when you are trying to perform a transaction that requires a specific currency or valuation profile, but the system finds that the profile is already active in the specified controlling area.
  
  Cause:
  
  Active Currency/Valuation Profile: The error occurs when the currency or valuation profile you are trying to use is already active in the controlling area. This can happen if you are attempting to assign a new profile or make changes to an existing one that conflicts with the current settings.
  
  Configuration Issues: There may be inconsistencies in the configuration of the controlling area, such as incorrect settings for currency types or valuation profiles.
  Multiple Assignments: The same currency/valuation profile might be assigned to multiple controlling areas, leading to conflicts.
  
  
  Solution:
  
  
  Check Active Profiles: Go to the configuration settings in