How To Fix 67_LOAN426 - Local currency not found

SAP Error Message - Details

• Message type: E = Error

• Message class: 67_LOAN - Messages for Fin. Asset Management for Loans - Continued

• Message number: 426

• Message text: Local currency not found

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message 67_LOAN426 - Local currency not found ?

  The SAP error message 67_LOAN426: Local currency not found typically occurs in the context of financial transactions, particularly when dealing with loans or financial instruments. This error indicates that the system cannot find the local currency for a specific entity or transaction, which is essential for processing financial data correctly.
  Causes:
  
  Missing Currency Configuration: The local currency for the company code or the relevant financial entity may not be defined in the system.
  Incorrect Master Data: The master data for the customer, vendor, or financial instrument may not have the correct currency settings.
  Currency Type Issues: The currency type used in the transaction may not be set up correctly in the system.
  Company Code Settings: The company code may not have a local currency defined, or it may be incorrectly configured.
  
  Solutions:
  
  
  Check Company Code Configuration:
  
  Go to the transaction code OBY6 (or use the path: SPRO > Financial Accounting > General Settings > Define Company Code).
  Ensure that the local currency is defined for the company code in question.
  
  
  
  Review Master Data:
  
  Check the master data for the relevant customer, vendor, or financial instrument using transaction codes like FD03 (for customers) or FK03 (for vendors).
  Ensure that the local currency is correctly specified.
  
  
  
  Currency Type Configuration:
  
  Verify the currency types in the system. You can check this in the configuration settings under SPRO > Financial Accounting > Financial Accounting Global Settings > Currencies > Define Currencies.
  Ensure that the currency type used in the transaction is available and correctly configured.
  
  
  
  Transaction Settings:
  
  If the error occurs during a specific transaction, review the transaction settings and ensure that all required fields, including currency, are filled out correctly.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for additional guidance on handling currency-related issues.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OBY6, FD03, FK03, and SPRO for configuration and master data checks.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  User Roles and Authorizations: Ensure that the user has the necessary authorizations to view and modify currency settings.
  
  If the issue persists after checking these areas, it may be beneficial to consult with your SAP support team or a functional consultant who specializes in financial accounting within SAP.