How To Fix UCMI020 - Doc.type &1: The "Translate to Group Currency" ind. may not be selected

UCMI020 - Overview

• Message type: E = Error

• Message class: UCMI - Messages for Breakdown Category, Item, Document Type, ...

• Message number: 020

• Message text: Doc.type &1: The "Translate to Group Currency" ind. may not be selected

What causes this issue?

You can only select the "Translation to Group Currency" indicator if you
selected the following key figures:
"Group Currency" and "Transaction Currency" and/or
"Group Currency" and "Local Currency"
Furthermore, you can only select one of the following posting levels:
01 - Adjustments to Reported Financial Data
10 - Standardizing Entry
The indicator is set in document type &V1&, although the above
conditions are not met.

System Response

Processing is terminated.

How to fix this error?

Remove the "Translate to Group Currency" indicator in the document type.

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.

UCMI020 - Details

• The SAP error message UCMI020 indicates that there is an issue with the configuration of document types in relation to the "Translate to Group Currency" indicator. This error typically arises when you attempt to post a document using a document type that has not been configured to allow translation to group currency.
  
  Cause:
  The error occurs due to one of the following reasons:
  
  The document type you are using does not have the "Translate to Group Currency" indicator activated in its configuration.
  The company code settings or the document type settings do not allow for currency translation, which is necessary for certain financial reporting requirements.
  
  
  Solution:
  To resolve the error, you need to check and modify the configuration of the document type in question. Here are the steps to do that:
  
  
  Access Document Type Configuration:
  
  Go to the SAP Easy Access screen.
  Navigate to the following path: SPRO -> IMG -> Financial Accounting -> General Ledger -> Document ->