How To Fix 5Z164 - Currency for reporting period cannot be determined

SAP Error Message - Details

• Message type: E = Error

• Message class: 5Z - IS-HR/PSG Public Sector Payroll - Germany

• Message number: 164

• Message text: Currency for reporting period cannot be determined

What causes this issue?

The currency translation carried out in the course of the euro
changeover requires the currency that is valid in the reporting month.
This could not be determined.

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?

Check the currency setting in table T500C.

Procedure for System Administrators

Table T500C is read to determine the currency. January 31 of the
reporting year is the key date, for which the current key is &V1&. "DE"
is predefined as the key for the country.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 5Z164 - Currency for reporting period cannot be determined ?

  The SAP error message 5Z164, "Currency for reporting period cannot be determined," typically occurs in the context of financial reporting or when trying to generate reports that require currency conversion or currency determination based on specific reporting periods. This error indicates that the system is unable to find a valid currency for the specified reporting period, which can hinder the generation of financial statements or reports.
  Causes:
  
  Missing Currency Configuration: The currency settings for the reporting period may not be properly configured in the system.
  Incorrect or Missing Master Data: The master data for the relevant financial objects (like cost centers, profit centers, etc.) may not have the necessary currency information.
  Period Locking: The reporting period may be locked for posting, which can prevent the system from determining the currency.
  Currency Translation Settings: There may be issues with the currency translation settings in the system, such as missing exchange rates or translation keys.
  Data Inconsistencies: There may be inconsistencies in the data that prevent the system from determining the correct currency.
  
  Solutions:
  
  
  Check Currency Configuration:
  
  Go to the configuration settings in SAP and ensure that the currency settings for the relevant reporting period are correctly defined.
  Verify that the currency types and exchange rates are maintained in the system.
  
  
  
  Review Master Data:
  
  Check the master data for the relevant financial objects to ensure that they have the correct currency information.
  Update any missing or incorrect currency details.
  
  
  
  Unlock Reporting Period:
  
  If the reporting period is locked, consider unlocking it temporarily to allow for currency determination, if appropriate.
  
  
  
  Verify Currency Translation Settings:
  
  Check the currency translation settings in the system to ensure that all necessary exchange rates and translation keys are maintained.
  Ensure that the exchange rates are valid for the reporting period in question.
  
  
  
  Run Consistency Checks:
  
  Use SAP tools to run consistency checks on the financial data to identify and resolve any inconsistencies that may be causing the error.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidance related to the error message and the context in which it occurs.
  
  
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes like OB08 (for maintaining exchange rates) or OBA1 (for currency settings) to check and update the relevant configurations.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  Support: If the issue persists, consider reaching out to SAP support or your internal SAP team for further assistance.
  
  By following these steps, you should be able to identify the root cause of the error and implement the necessary solutions to resolve it.