How To Fix F5700 - Currency type & not defined

SAP Error Message - Details

• Message type: E = Error

• Message class: F5 - Document Editing

• Message number: 700

• Message text: Currency type & not defined

What causes this issue?

Currency type '&v1&' is not defined as a fixed value for domain '&v2&'.

System Response

Data cannot be processed further.

How to fix this error?

The currency type must be one of the fixed values for domain '&v2&'.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message F5700 - Currency type & not defined ?

  The SAP error message F5700, which states "Currency type & not defined," typically occurs when the system encounters a currency type that has not been properly configured or defined in the system. This can happen in various financial transactions, such as during the posting of documents or when executing reports that involve currency conversion.
  Cause:
  
  Missing Configuration: The currency type specified in the transaction is not defined in the system. This could be due to a missing entry in the configuration settings for currency types.
  Incorrect Currency Type: The currency type being used may not be applicable for the specific transaction or document type.
  Custom Development: If there are custom programs or enhancements, they might be referencing a currency type that is not defined in the standard configuration.
  Transport Issues: If the configuration was recently transported from another system, it may not have included the necessary currency type definitions.
  
  Solution:
  
  
  Check Configuration:
  
  Go to the SAP Customizing Implementation Guide (SPRO).
  Navigate to Financial Accounting (New) > Financial Accounting Global Settings (New) > Currencies > Define Currency Types.
  Verify if the currency type in question is listed. If not, you may need to create it.
  
  
  
  Define Currency Type:
  
  If the currency type is missing, you can define it by clicking on "New Entries" and filling in the required details (like currency type, description, etc.).
  
  
  
  Review Transaction:
  
  Check the transaction or document that triggered the error. Ensure that the currency type being used is appropriate and correctly configured.
  
  
  
  Check for Custom Code:
  
  If there are custom developments, review the code to ensure that it is referencing valid currency types.
  
  
  
  Consult Documentation:
  
  Review any relevant documentation or notes from SAP that may provide additional context or solutions for this error.
  
  
  
  Transport Requests:
  
  If the issue arose after a transport, ensure that all necessary configurations were included in the transport request.
  
  
  
  Related Information:
  
  Currency Types in SAP: Currency types are used in SAP to differentiate between various types of currencies, such as local currency, group currency, and transaction currency.
  Transaction Codes: You can use transaction codes like OB08 (to maintain exchange rates) and OB22 (to define currency types) to manage currency settings.
  SAP Notes: Check SAP Notes for any known issues or patches related to currency types and error F5700.
  
  If the problem persists after following these steps, it may be beneficial to consult with your SAP Basis or functional team for further investigation.