While creating Define Currencies of Leading Ledger am getting the below error "For company code 1001, valuation type 1 is not allowed
Message no. FC445
You are trying to assign a currency type to the local currency which is not allowed.
Prerequisites for assignment are that
A controlling area has been assigned to the company code
A currency and valuation profile must have been defined in the controlling area
The currency and valuation profile is active. "
Please suggest me to solve this issue.
Thanks in advance