How To Fix 64550 - Only issue or settlement currency permitted as charges currency

SAP Error Message - Details

• Message type: E = Error

• Message class: 64 - Treasury Management: Securities

• Message number: 550

• Message text: Only issue or settlement currency permitted as charges 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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message 64550 - Only issue or settlement currency permitted as charges currency ?

  The SAP error message "64550: Only issue or settlement currency permitted as charges currency" typically occurs in the context of financial transactions, particularly when dealing with charge calculations in SAP systems. This error indicates that the currency used for charges in a transaction does not match the allowed currencies, which are either the issue currency or the settlement currency.
  Cause:
  
  Currency Mismatch: The charge currency specified in the transaction does not match the issue currency or the settlement currency defined for that transaction.
  Configuration Issues: The system may not be properly configured to allow the specified charge currency.
  Data Entry Errors: Incorrect data entry when inputting transaction details, leading to the use of an unsupported currency for charges.
  
  Solution:
  
  
  Check Currency Settings:
  
  Verify the issue currency and settlement currency for the transaction. Ensure that the charge currency matches one of these.
  You can check this in the relevant transaction or document where the error occurred.
  
  
  
  Adjust Charge Currency:
  
  If the charge currency is incorrect, change it to either the issue currency or the settlement currency as required by the transaction.
  
  
  
  Review Configuration:
  
  If the issue persists, review the configuration settings in the SAP system related to currency handling for the specific module (e.g., FI, CO, etc.). Ensure that the system is set up to allow the necessary currencies for charges.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidelines on currency settings and charge calculations.
  
  
  
  Contact Support:
  
  If you are unable to resolve the issue, consider reaching out to your SAP support team or consulting with an SAP expert who can provide further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Depending on the context, you may be using transaction codes like FB60 (Invoice), FB70 (Customer Invoice), or others related to financial postings.
  Currency Types: Familiarize yourself with the different types of currencies in SAP, such as local currency, document currency, and group currency.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance on handling currency-related issues.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.