How To Fix VVOZINS007 - Charges posting only in currency &2; &1 is not permitted

SAP Error Message - Details

• Message type: E = Error

• Message class: VVOZINS - Balance Interest Calculation for Insurance Objects

• Message number: 007

• Message text: Charges posting only in currency &2; &1 is not permitted

What causes this issue?

During a currency change for an insurance object with account balance
interest calculation, the charges can only be posted in the new deposit
currency.

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?

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 VVOZINS007 - Charges posting only in currency &2; &1 is not permitted ?

  The SAP error message VVOZINS007 indicates that there is an issue with posting charges in a currency that is not permitted for the transaction you are trying to execute. This error typically arises in the context of logistics or billing processes where specific currency settings are enforced.
  Cause:
  
  Currency Mismatch: The transaction is attempting to post charges in a currency that is not allowed for the specific document or transaction type.
  Configuration Settings: The configuration settings in the SAP system may restrict certain currencies for specific types of postings or transactions.
  Master Data Issues: The master data (such as customer or vendor records) may not be set up to allow transactions in the currency being used.
  Document Type Restrictions: Certain document types may have restrictions on the currencies that can be used for postings.
  
  Solution:
  
  Check Currency Settings: Verify the currency settings in the relevant configuration. Ensure that the currency you are trying to use is allowed for the transaction type.
  Review Master Data: Check the master data for the involved business partner (customer or vendor) to ensure that it is set up to allow transactions in the desired currency.
  Transaction Type Configuration: Review the configuration for the transaction type you are working with to ensure that it allows postings in the currency you are trying to use.
  Use Allowed Currency: If the currency you are trying to use is not permitted, consider using a different currency that is allowed for the transaction.
  Consult Documentation: Refer to SAP documentation or consult with your SAP support team for specific configuration settings related to currency postings.
  
  Related Information:
  
  Transaction Codes: You may want to check transaction codes related to the specific module you are working with (e.g., SD for Sales and Distribution, MM for Materials Management).
  SAP Notes: Look for relevant SAP Notes that may address this specific error or provide additional guidance on currency settings.
  User Roles and Authorizations: Ensure that the user executing the transaction has the necessary authorizations to post in the desired currency.
  
  If the issue persists after checking these areas, it may be beneficial to engage with your SAP support team or a consultant who can provide deeper insights into the specific configuration of your SAP environment.