How To Fix CMS_SEC018 - Enter a valid currency for the securities account

SAP Error Message - Details

• Message type: E = Error

• Message class: CMS_SEC - CMS Securities Add-on

• Message number: 018

• Message text: Enter a valid currency for the securities account

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_SEC018 - Enter a valid currency for the securities account ?

  The SAP error message CMS_SEC018, which states "Enter a valid currency for the securities account," typically occurs in the context of managing securities accounts within the SAP system. This error indicates that the currency specified for a securities account is either invalid or not recognized by the system.
  Cause:
  
  Invalid Currency Code: The currency code entered may not be valid or recognized in the SAP system.
  Currency Not Assigned: The currency may not be assigned to the securities account in the configuration settings.
  Missing Configuration: The currency may not be set up in the system for the specific securities transaction or account type.
  Data Entry Error: There may be a typographical error in the currency code entered.
  
  Solution:
  
  Check Currency Code: Verify that the currency code entered is correct and follows the ISO 4217 standard (e.g., USD for US Dollar, EUR for Euro).
  Review Account Settings: Go to the configuration settings for the securities account and ensure that the currency is properly assigned.
  Update Configuration: If the currency is not set up, you may need to add it to the system. This can typically be done in the customizing settings (transaction code SPRO) under the relevant financial or securities management section.
  Correct Data Entry: If there is a typographical error, correct it and try again.
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on managing currencies in securities accounts.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OBA5 (for managing currencies) or SPRO (for configuration).
  SAP Notes: Check SAP Notes for any known issues or patches related to currency handling in securities accounts.
  User Roles and Authorizations: Ensure that you have the necessary permissions to make changes to currency settings in the system.
  Testing: After making changes, perform tests to ensure that the error does not recur and that the securities account functions as expected.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a technical consultant for further assistance.