How To Fix 68588 - Enter a valid currency code

SAP Error Message - Details

• Message type: E = Error

• Message class: 68 - Message for DARWIN Loans (continued)

• Message number: 588

• Message text: Enter a valid currency code

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 68588 - Enter a valid currency code ?

  The SAP error message "68588 Enter a valid currency code" typically occurs when a user attempts to enter a currency code that is not recognized or is invalid in the context of the transaction or data entry they are performing. This can happen in various SAP modules, such as Financial Accounting (FI), Controlling (CO), or Materials Management (MM).
  Causes:
  
  Invalid Currency Code: The currency code entered does not exist in the system or is misspelled.
  Currency Not Activated: The currency may not be activated in the system settings or is not available for the specific company code or transaction.
  Configuration Issues: There may be configuration issues in the currency settings within the SAP system.
  User Input Error: The user may have made a typographical error while entering the currency code.
  
  Solutions:
  
  Check Currency Code: Verify that the currency code entered is correct. Common currency codes include USD (US Dollar), EUR (Euro), GBP (British Pound), etc.
  Review Currency Settings:
  
  Go to the transaction code OB08 to check the exchange rate table and ensure that the currency code is listed.
  Ensure that the currency is activated for the relevant company code.
  
  
  Configuration Check: If you have access, check the configuration settings in the SAP system to ensure that the currency is properly set up.
  Consult Documentation: Refer to SAP documentation or help files for the specific transaction you are working with to understand the valid currency codes.
  Contact Support: If the issue persists, consider reaching out to your SAP support team or system administrator for further assistance.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OB08 (Maintain Exchange Rates) and OBY6 (Define Company Code Global Parameters) for currency settings.
  Currency Types: Understand the difference between local currency, group currency, and transaction currency in SAP.
  User Training: Ensure that users are trained on the correct entry of currency codes and the importance of using valid codes in transactions.
  
  By following these steps, you should be able to resolve the error message and continue with your SAP transactions.