How To Fix UCMI065 - Document type &1: Cannot post entries in local currency

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 065

• Message text: Document type &1: Cannot post entries in local currency

What causes this issue?

You have selected to post entries in local currency for document type
&V1&. However, document type &V1& posts to level 35 for a manual posting
task specific to the consolidation group. You cannot post this type of
task in local currency.

System Response

The Customizing settings for document type &V1& are inconsistent and
cannot be saved.

How to fix this error?

Define document type &V1& to post entries in group currency only.

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 UCMI065 - Document type &1: Cannot post entries in local currency ?

  The SAP error message UCMI065, which states "Document type &1: Cannot post entries in local currency," typically occurs when there is an issue with the configuration or settings related to document types and currency in the SAP system. Here’s a breakdown of the potential causes, solutions, and related information:
  Causes:
  
  
  Document Type Configuration: The document type specified in the error message may not be configured to allow postings in local currency. This can happen if the document type is set to only allow postings in a foreign currency.
  
  
  Currency Settings: The currency settings for the company code or the specific document type may not be correctly defined. For example, if the local currency is not set up properly in the company code settings, it can lead to this error.
  
  
  Posting Period: The posting period may be closed or restricted for the document type in question, preventing any postings in local currency.
  
  
  Transaction Type Restrictions: Certain transaction types may have restrictions on currency postings, which can lead to this error.
  
  
  User Authorizations: The user may not have the necessary authorizations to post in local currency for the specified document type.
  
  
  Solutions:
  
  
  Check Document Type Configuration:
  
  Go to the configuration settings for the document type in question (Transaction Code: OBA7).
  Ensure that the document type is allowed to post in local currency. Adjust the settings if necessary.
  
  
  
  Review Company Code Currency Settings:
  
  Check the currency settings for the company code (Transaction Code: OX15).
  Ensure that the local currency is correctly defined and that the document type is allowed to use it.
  
  
  
  Verify Posting Period:
  
  Check if the posting period is open for the document type (Transaction Code: OB52).
  If the period is closed, you may need to open it or create a new posting period.
  
  
  
  Check Transaction Type Settings:
  
  Review the transaction type settings to ensure there are no restrictions on local currency postings.
  
  
  
  User Authorizations:
  
  Ensure that the user has the necessary authorizations to post in local currency for the specified document type. This may involve checking roles and authorizations in the user profile.
  
  
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance.
  Documentation: Review SAP documentation related to financial accounting and document types for more detailed information on configuration and settings.
  Support: If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  By following these steps, you should be able to identify and resolve the issue causing the UCMI065 error in your SAP system.