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

5Z164 - Overview

• 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.

5Z164 - Details

• 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