How To Fix TPM_TRG220 - Ledger &1 manages local currency

TPM_TRG220 - Overview

• Message type: E = Error

• Message class: TPM_TRG - Treasury Position Management: Cross-Package Messages

• Message number: 220

• Message text: Ledger &1 manages local currency

Check: conduct amounts?(memory) 'first' local currency?
Trados Memory = TR

What causes this issue?

Ledger &V1& is assigned to the accounting principle &V2& and manages
amounts in the first local currency. Only amounts for currency type &V3&
are calculated from Transaction Management.

System Response

The amounts in the first local currency are calculated according to the
settings for parallel currencies in the general ledger. Values can occur
that do not serve any useful purpose, in particular for foreign currency
valuations of positions in the Transaction Manager.

How to fix this error?

The special purpose ledger should only manage amounts for the currency
type &V3&.

Procedure for System Administrators

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 TPM_TRG220 - Ledger &1 manages local currency ?

  The SAP error message TPM_TRG220 indicates that the specified ledger (denoted as &1 in the message) is configured to manage local currency, which can lead to issues when trying to perform certain operations that are not compatible with this configuration.
  
  Cause:
  This error typically arises in the context of Treasury and Risk Management (TRM) when you are trying to execute a transaction or process that involves a ledger that is set up to handle local currency only. This can happen in scenarios such as:
  
  Attempting to post transactions in a foreign currency to a ledger that only supports local currency.
  Misconfiguration of the ledger settings in the system.
  
  
  Solution:
  To resolve the TPM_TRG220 error, you can consider the following steps:
  
  
  Check Ledger Configuration:
  
  Go to the configuration settings for the ledger in question. Ensure that it is set up correctly to handle the currencies you intend to use.
  If you need to work with foreign currencies, you may need