How To Fix CMS_GENERAL029 - No valid house currency and rate type are maintained

CMS_GENERAL029 - Overview

• Message type: E = Error

• Message class: CMS_GENERAL - Common Messages for CMS

• Message number: 029

• Message text: No valid house currency and rate type are maintained

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

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.

Unfortunately, there isn't any extra information in this error notice.

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Smart SAP Assistant

• What is the cause and solution for SAP error message CMS_GENERAL029 - No valid house currency and rate type are maintained ?

  The SAP error message CMS_GENERAL029 indicates that there is no valid house currency and rate type maintained in the system. This error typically occurs in the context of the SAP Cash Management or Treasury modules, where currency conversion and rate types are essential for processing financial transactions.
  
  Cause:
  
  Missing Configuration: The house currency or rate type has not been defined in the system. This can happen if the configuration settings for the currency management are incomplete.
  Incorrect Settings: The settings for the house currency or rate type may be incorrect or not aligned with the requirements of the transaction being processed.
  Data Inconsistency: There may be inconsistencies in the master data or transaction data that lead to the system being unable to determine the appropriate currency or rate type.
  
  
  Solution:
  
  
  Check Configuration:
  
  Go to the configuration settings in SAP (Transaction Code: SPRO).
  Navigate to the relevant section for Cash Management or Treasury.
  Ensure that the house currency is defined