Local currencies for company code XXXX cannot be completely determined in MIGO

Hi Experts,

While I am trying to post initial stock posting (Mov type: 561) in MIGO, I am getting below error:

Local currencies for company code XSD1 cannot be completely determined

Below is the error:

My Company code and controlling area currency has been set as 'EUR' and currency type is used as '10'

Could you please help me to resolve the error.

Please let me know if any further details required on this