How To Fix 6E003 - Exactly one currency must be defined as the euro currency

SAP Error Message - Details

• Message type: E = Error

• Message class: 6E - Messages for EMU currency conversion in Treasury

• Message number: 003

• Message text: Exactly one currency must be defined as the euro currency

What causes this issue?

In Customizing, you have not defined a single target currency for the
contract currency changeover to the euro. However, only one target
currency is allowed (such as the currency code 'EUR').

System Response

Processing is canceled.

How to fix this error?

In Customizing, define exactly one currency as the target currency.
<DS:SIMG.TEILNEHMENDE_WAEHRNG>Define participating currencies for euro
changeover</>
<DS:SIMG.SIMG_CFMENUORFBOBBS>Define translation factors for currency
translation</>
<DS:SIMG.SIMG_CFMENUORFBOB08>Enter exchange rates</>

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 6E003 - Exactly one currency must be defined as the euro currency ?

  The SAP error message 6E003 ("Exactly one currency must be defined as the euro currency") typically occurs in the context of configuring currency settings in SAP, particularly when dealing with the Euro as a currency in financial transactions or reporting.
  Cause:
  This error arises when the system detects that there is either:
  
  No currency defined as the Euro in the configuration settings.
  More than one currency defined as the Euro, which is not allowed.
  
  In SAP, only one currency can be designated as the Euro for a given company code or controlling area. This is crucial for ensuring that financial reporting and transactions are consistent and compliant with regulations regarding the Euro.
  Solution:
  To resolve this error, you need to check and adjust the currency settings in your SAP system. Here are the steps to do so:
  
  
  Access the Configuration Settings:
  
  Go to the SAP Easy Access screen.
  Navigate to the following path: SPRO -> SAP Reference IMG -> Financial Accounting (New) -> Financial Accounting Global Settings (New) -> Currencies -> Define Currencies.
  
  
  
  Check Currency Definitions:
  
  In the currency configuration screen, check the list of currencies defined in your system.
  Ensure that only one currency is marked as the Euro. The Euro is typically represented by the currency code "EUR".
  
  
  
  Adjust Currency Settings:
  
  If there is no currency defined as Euro, you will need to add it.
  If there are multiple currencies marked as Euro, you will need to remove the incorrect entries, leaving only one currency defined as Euro.
  
  
  
  Save Changes:
  
  After making the necessary adjustments, save your changes.
  
  
  
  Test the Configuration:
  
  After saving, perform a test transaction or run a report that previously triggered the error to ensure that the issue has been resolved.
  
  
  
  Related Information:
  
  Transaction Codes: You may use transaction codes like OB22 (to define currencies) or OB07 (to define the Euro) to access the relevant configuration screens directly.
  Documentation: Refer to SAP Help documentation for detailed guidance on currency configuration and implications for financial reporting.
  User Roles: Ensure that you have the necessary authorizations to make changes to currency settings, as this typically requires administrative privileges.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP Basis or Finance team for further investigation, as there may be additional configuration settings or dependencies that need to be addressed.