How To Fix 6E004 - Loan currency &3 is not a basket currency

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 004

• Message text: Loan currency &3 is not a basket currency

What causes this issue?

INCLUDE TRLO_EMU_LOAN_KEY OBJECT DOKU ID TX
The loan currency &v3& is not a subcurrency of the euro. Since the
contract currency changeover is only permitted for participating
currencies (basket currencies), the loan is not converted.

System Response

Processing is terminated.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 6E004 - Loan currency &3 is not a basket currency ?

  The SAP error message 6E004 indicates that the loan currency specified in a transaction is not recognized as a "basket currency." This typically occurs in the context of financial transactions involving loans, where certain currencies are expected to be part of a predefined set of currencies (basket currencies) that can be used for specific financial operations.
  Cause:
  
  Incorrect Currency: The currency used for the loan is not defined as a basket currency in the system.
  Configuration Issues: The configuration settings for basket currencies may not include the currency you are trying to use.
  Data Entry Error: There may be a typo or incorrect entry in the currency field when creating or processing the loan.
  
  Solution:
  
  
  Check Currency Configuration:
  
  Go to the configuration settings in SAP and verify the list of basket currencies. Ensure that the currency you are trying to use is included in this list.
  You can check this in the transaction code OB08 (for maintaining exchange rates) or through the relevant configuration path in the IMG (Implementation Guide).
  
  
  
  Update Loan Currency:
  
  If the currency is not a basket currency and you need to use it, consider changing the loan currency to one that is defined as a basket currency.
  Ensure that the currency is valid for the specific loan type you are working with.
  
  
  
  Consult Documentation:
  
  Review the SAP documentation or help files related to loan processing and basket currencies to understand the requirements and limitations.
  
  
  
  Contact SAP Support:
  
  If you are unable to resolve the issue through configuration or data entry, consider reaching out to SAP support for assistance. They may provide insights specific to your system configuration.
  
  
  
  Related Information:
  
  Basket Currencies: These are typically a set of currencies that are allowed for specific financial transactions. The definition of basket currencies can vary based on the organization's financial policies and the specific SAP implementation.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OB22 (for defining currency types) and OB07 (for defining exchange rate types) to manage currency settings.
  User Roles and Authorizations: Ensure that you have the necessary permissions to view and modify currency settings in the SAP system.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.