How To Fix CA_TTE695 - Currency Type invalid &1 &2 &3 &4

SAP Error Message - Details

• Message type: E = Error

• Message class: CA_TTE - TTE Messages

• Message number: 695

• Message text: Currency Type invalid &1 &2 &3 &4

What causes this issue?

No tax value was found for tax event &V1& and tax element key &V2& /
&V3& / &V4&.

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?

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 CA_TTE695 - Currency Type invalid &1 &2 &3 &4 ?

  The SAP error message CA_TTE695 "Currency Type invalid &1 &2 &3 &4" typically indicates that there is an issue with the currency type being used in a transaction or configuration. This error can arise in various contexts, such as during the posting of financial documents, when working with cost centers, or in other financial transactions.
  Causes:
  
  Invalid Currency Type: The currency type specified in the transaction does not exist or is not defined in the system.
  Configuration Issues: The currency type may not be properly configured in the relevant settings (e.g., in the controlling area or company code).
  Master Data Issues: The master data (such as cost centers, internal orders, etc.) may have an invalid or missing currency type.
  Transaction Data Issues: The transaction data being processed may reference a currency type that is not valid for the current context.
  
  Solutions:
  
  
  Check Currency Type Configuration:
  
  Go to the configuration settings in SAP and verify that the currency type is defined correctly.
  Use transaction code OB08 to check the currency types and their definitions.
  
  
  
  Review Master Data:
  
  Check the master data for the relevant objects (e.g., cost centers, internal orders) to ensure that the currency type is valid and correctly assigned.
  Use transaction codes like KS01 (Create Cost Center) or KO01 (Create Internal Order) to review and update the master data.
  
  
  
  Validate Transaction Data:
  
  Review the transaction data being processed to ensure that it references a valid currency type.
  If applicable, check the document that triggered the error for any inconsistencies.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific details about the currency types and their usage in your version of SAP.
  
  
  
  Contact Support:
  
  If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting with SAP support for further assistance.
  
  
  
  Related Information:
  
  Currency Types: In SAP, currency types are used to differentiate between various currencies in financial transactions (e.g., local currency, group currency, transaction currency).
  Transaction Codes: Familiarize yourself with relevant transaction codes for checking and configuring currency types and master data.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.