How To Fix CREDIT_PROXY005 - Currency for credit control area &1 not found

SAP Error Message - Details

• Message type: E = Error

• Message class: CREDIT_PROXY - Credit Management Proxy Messages

• Message number: 005

• Message text: Currency for credit control area &1 not found

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.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message CREDIT_PROXY005 - Currency for credit control area &1 not found ?

  The SAP error message "CREDIT_PROXY005 Currency for credit control area &1 not found" typically indicates that the system is unable to find a valid currency configuration for the specified credit control area. This can occur in the context of credit management, where the system needs to determine the currency used for credit checks and limits.
  Cause:
  
  Missing Currency Configuration: The currency for the specified credit control area has not been defined in the system.
  Incorrect Credit Control Area: The credit control area specified in the transaction may not be correctly set up or may not exist.
  Master Data Issues: The customer master data may not have the correct currency assigned, or there may be inconsistencies in the data.
  Customizing Settings: The settings in the credit management configuration may not be properly maintained.
  
  Solution:
  
  
  Check Currency Configuration:
  
  Go to the transaction code OB08 (or OBY6 for cross-company code settings) to check if the currency for the credit control area is defined.
  Ensure that the currency is correctly assigned to the credit control area in the configuration.
  
  
  
  Verify Credit Control Area:
  
  Use transaction code OBY6 to check if the credit control area exists and is correctly configured.
  Ensure that the credit control area is active and properly linked to the relevant company code.
  
  
  
  Review Customer Master Data:
  
  Check the customer master data using transaction code XD03 (or FD03 for financial customers) to ensure that the currency is correctly assigned.
  Make sure that the customer is assigned to the correct credit control area.
  
  
  
  Check Customizing Settings:
  
  Navigate to the credit management customizing settings (transaction code SPRO) and ensure that all necessary settings related to credit control areas and currencies are properly maintained.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or notes related to credit management and currency settings for any additional guidance or known issues.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  OB08: Maintain exchange rates.
  OBY6: Define credit control areas.
  XD03/FD03: Display customer master data.
  SPRO: Access the SAP Customizing Implementation Guide.
  
  
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional troubleshooting steps.
  
  
  Support: If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.