How To Fix FB_ICRC160 - Company &1/&2: Company code &3: Currency type &4 not assigned

FB_ICRC160 - Overview

• Message type: E = Error

• Message class: FB_ICRC - Messages for package FB_ICRC

• Message number: 160

• Message text: Company &1/&2: Company code &3: Currency type &4 not assigned

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Object explained sufficiently by short text.

Error message extract from SAP system. Copyright SAP SE.

FB_ICRC160 - Details

• The SAP error message FB_ICRC160 indicates that there is an issue with the currency type assignment for a specific company code in the system. This error typically arises when a currency type is not properly assigned to a company code in the configuration settings.
  
  Cause:
  The error message can occur due to the following reasons:
  
  Missing Currency Type Assignment: The specified currency type (e.g., transaction currency, local currency, etc.) is not assigned to the company code in the system.
  Incorrect Configuration: The configuration settings for the company code may not have been set up correctly, leading to the absence of the required currency type.
  Data Migration Issues: If data has been migrated from another system, there may be inconsistencies in the currency type assignments.
  
  
  Solution:
  To resolve the error, you can follow these steps:
  
  
  Check Currency Type Assignment:
  
  Go to the SAP transaction code OB22 (or navigate through the menu: SPRO > Financial Accounting > Financial Accounting Global Settings