How To Fix AW644 - No parallel currency area exists

AW644 - Overview

• Message type: E = Error

• Message class: AW - AuC messages

• Message number: 644

• Message text: No parallel currency area exists

What causes this issue?

For the settlement of capital investment measures an area for each
parallel currency in a company code has to be managed at the asset
under construction.

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?

Please check your Customzing settings.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AW644 - No parallel currency area exists ?

  The SAP error message AW644 ("No parallel currency area exists") typically occurs when you are trying to perform a transaction that requires a parallel currency area, but the configuration for that area is not set up in the system. This can happen in various modules, such as Financial Accounting (FI) or Controlling (CO), where multiple currencies are used.
  
  Cause:
  
  Missing Configuration: The primary cause of this error is that the company code or controlling area does not have a parallel currency area defined in the system.
  Transaction Type: The transaction you are trying to execute may require a parallel currency area, but it is not available for the specified company code or controlling area.
  Currency Settings: The settings for currencies in the company code or controlling area may not be properly configured.
  
  
  Solution:
  To resolve the AW644 error, you can follow these steps:
  
  
  Check Company Code Settings:
  
  Go to the transaction code OB22 (for company code settings).
  Verify that