How To Fix ACE049 - Currency key &1 does not exist

SAP Error Message - Details

• Message type: E = Error

• Message class: ACE - Nachrichten zur Accrual Engine

• Message number: 049

• Message text: Currency key &1 does not exist

Self-Explanatory Message

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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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message ACE049 - Currency key &1 does not exist ?

  The SAP error message ACE049, which states "Currency key &1 does not exist," typically occurs when the system is unable to find a specified currency key in the currency table. This can happen in various scenarios, such as during financial transactions, reporting, or when trying to post documents that involve currency conversion.
  Causes:
  
  Non-Existent Currency Key: The currency key specified in the transaction does not exist in the system's currency table (TCURC).
  Incorrect Configuration: The currency may not be properly configured in the system, or it may have been deleted or not activated.
  Data Entry Error: There may be a typographical error in the currency key entered by the user.
  Missing Currency in Company Code: The currency may not be assigned to the relevant company code or controlling area.
  
  Solutions:
  
  Check Currency Key: Verify that the currency key you are using is correct. Ensure there are no typographical errors.
  Check Currency Table: Use transaction code OB08 to check the currency table (TCURC) and see if the currency key exists. If it does not, you may need to create it.
  Create Missing Currency: If the currency key does not exist, you can create it using transaction code OB08. Make sure to enter the correct currency code and description.
  Assign Currency to Company Code: Ensure that the currency is assigned to the relevant company code. You can check this in the company code settings.
  Consult with Configuration Team: If you are unsure about the currency configuration, consult with your SAP configuration team or a functional consultant to ensure that all necessary settings are in place.
  
  Related Information:
  
  Transaction Codes:
  
  OB08: Maintain exchange rates and currency keys.
  OBY6: Check company code settings for currencies.
  
  
  Currency Types: Understand the different types of currencies in SAP (e.g., local currency, group currency, and transaction currency).
  Documentation: Refer to SAP Help documentation for more details on currency configuration and management.
  
  If the issue persists after checking the above points, it may be necessary to involve your SAP support team or consult SAP Notes for any known issues related to this error message.