How To Fix F5816 - Currency code & not defined

SAP Error Message - Details

• Message type: E = Error

• Message class: F5 - Document Editing

• Message number: 816

• Message text: Currency code & not defined

What causes this issue?

Currency code "&v1&" has not been defined in the system.

System Response

System error.

How to fix this error?

Correct your entry online or get in touch with the SAP Hotline Service.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message F5816 - Currency code & not defined ?

  The SAP error message F5816, which states "Currency code & not defined," typically occurs when a transaction or process is attempting to use a currency code that is not recognized or defined in the system. This can happen in various contexts, such as during financial postings, currency conversions, or when generating reports.
  Causes:
  
  Undefined Currency Code: The currency code being used in the transaction is not defined in the SAP system.
  Incorrect Configuration: The currency may not be properly configured in the system settings, such as in the currency types or in the company code settings.
  Missing Currency in Master Data: The currency may not be included in the relevant master data records, such as vendor or customer master records.
  Data Entry Error: There may be a typographical error in the currency code entered by the user.
  
  Solutions:
  
  
  Define the Currency Code:
  
  Go to the transaction code OB08 (or use the menu path: SPRO > Financial Accounting > Financial Accounting Global Settings > Currencies > Define Currencies).
  Check if the currency code in question is listed. If not, you can add it by entering the currency code and its description.
  
  
  
  Check Company Code Settings:
  
  Ensure that the currency is defined for the relevant company code. You can check this in the transaction code OBY6 (or through SPRO > Financial Accounting > Financial Accounting Global Settings > Company Code > Define Company Code).
  Make sure that the currency is set as the local currency or as a parallel currency if applicable.
  
  
  
  Review Master Data:
  
  Check the master data for vendors, customers, or other relevant entities to ensure that the currency code is included and correctly configured.
  Use transaction codes like XK03 (for vendor master) or FD03 (for customer master) to review the details.
  
  
  
  Correct Data Entry:
  
  Verify the currency code entered in the transaction. Ensure that it matches the standard currency codes used in SAP (e.g., USD for US Dollar, EUR for Euro).
  
  
  
  Consult Documentation:
  
  If the issue persists, consult SAP documentation or reach out to your SAP support team for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: OB08, OBY6, XK03, FD03
  Currency Types: Ensure that the currency type is correctly set up in the system.
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to currency codes.
  User Authorizations: Ensure that the user has the necessary authorizations to define or modify currency settings.
  
  By following these steps, you should be able to resolve the F5816 error and ensure that the currency code is properly defined in your SAP system.