How To Fix 69424 - Currency & does not exist - Enter a valid value

SAP Error Message - Details

• Message type: E = Error

• Message class: 69 - Central Functions of Financial Asset Management

• Message number: 424

• Message text: Currency & does not exist - Enter a valid value

What causes this issue?

The currency you have used (<(>&<)>) does not exist. Enter a valid
value.
Compare the currency you have used to the currencies defined in table
TCURC.

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?

Repeat the entry using a valid currency.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 69424 - Currency & does not exist - Enter a valid value ?

  The SAP error message "69424 Currency & does not exist - Enter a valid value" typically occurs when a user attempts to enter a currency code that is not recognized by the SAP system. This can happen in various transactions, such as when creating or posting documents that involve currency fields.
  Cause:
  
  Invalid Currency Code: The currency code entered does not exist in the system. This could be due to a typo or using a currency that has not been defined in the system.
  Currency Not Activated: The currency might exist in the system but is not activated for the specific company code or controlling area.
  Configuration Issues: There may be issues with the configuration of currency settings in the SAP system, such as missing entries in the currency tables.
  
  Solution:
  
  Check Currency Code: Verify that the currency code entered is correct. Ensure there are no typos or incorrect characters.
  Currency Configuration:
  
  Go to the transaction code OB08 (Maintain Exchange Rates) to check if the currency is defined.
  If the currency is not listed, you may need to add it or ensure it is activated for the relevant company code.
  
  
  Activate Currency: If the currency exists but is not activated, you may need to activate it for the relevant company code or controlling area. This can typically be done in the configuration settings.
  Consult with SAP Administrator: If you do not have the necessary permissions to make changes, consult with your SAP administrator or the finance team to ensure that the currency is properly configured in the system.
  
  Related Information:
  
  Transaction Codes: 
  
  OB08: To maintain exchange rates and check currency definitions.
  OBY6: To check and maintain company code settings related to currencies.
  
  
  SAP Notes: Check SAP Notes for any known issues or updates related to currency handling in your version of SAP.
  Documentation: Refer to SAP documentation for details on currency configuration and management.
  
  If the issue persists after checking the above points, it may be beneficial to reach out to SAP support for further assistance.