How To Fix >5704 - Specify transfer currency

>5704 - Overview

• Message type: E = Error

• Message class: >5 -

• Message number: 704

• Message text: Specify transfer currency

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

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Smart SAP Assistant

• What is the cause and solution for SAP error message >5704 - Specify transfer currency ?

  The SAP error message "5704 - Specify transfer currency" typically occurs in the context of financial transactions, particularly when dealing with currency conversions or when posting documents that involve multiple currencies. This error indicates that the system requires a specific currency to be defined for the transaction, but it has not been provided.
  
  Cause:
  
  Missing Transfer Currency: The transfer currency (the currency in which the transaction is to be processed) has not been specified in the transaction or document.
  
  Configuration Issues: There may be issues with the configuration of the currency settings in the SAP system, such as missing settings for the company code or controlling area.
  Transaction Type: The transaction type being used may require a transfer currency to be specified, but it has not been set up correctly.
  
  
  Solution:
  
  Specify Transfer Currency: When prompted with the error, check the transaction or document you are trying to process and ensure that you specify the transfer