How To Fix FC014 - Company code & has been created without currency - correct

SAP Error Message - Details

• Message type: E = Error

• Message class: FC - FI configuration error messages

• Message number: 014

• Message text: Company code & has been created without currency - correct

What causes this issue?

No currency was specified for company code &V1&.

System Response

Program termination

How to fix this error?

Specify a currency for company code &V1&.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FC014 - Company code & has been created without currency - correct ?

  The SAP error message FC014 indicates that a company code has been created without a currency assignment. This is a critical issue because every company code in SAP must have a currency defined for financial transactions. Here’s a breakdown of the cause, solution, and related information for this error:
  Cause:
  
  Company Code Creation: The error typically occurs when a new company code is created in the SAP system, but the currency field is left blank or not properly configured.
  Configuration Issues: It may also arise from incorrect settings in the configuration of the company code or the currency settings in the system.
  Data Entry Error: There might have been an oversight during the data entry process when creating the company code.
  
  Solution:
  To resolve the FC014 error, follow these steps:
  
  
  Access the Company Code Configuration:
  
  Go to the SAP Easy Access screen.
  Navigate to SPRO (SAP Project Reference Object) > Enterprise Structure > Definition > Financial Accounting > Define Company Code.
  
  
  
  Edit the Company Code:
  
  Find the company code that is causing the error.
  Select the company code and click on the "Edit" option.
  
  
  
  Assign Currency:
  
  In the company code settings, ensure that the currency field is filled in with the appropriate currency (e.g., EUR, USD).
  Save the changes.
  
  
  
  Check Currency Configuration:
  
  Ensure that the currency is defined in the system and is valid for the company code.
  You can check this under SPRO > Financial Accounting > General Settings > Currencies.
  
  
  
  Test the Changes:
  
  After making the changes, try to perform a transaction that involves the company code to ensure that the error is resolved.
  
  
  
  Related Information:
  
  Currency Types: Understand the different types of currencies in SAP, such as local currency, group currency, and hard currency.
  Company Code Settings: Familiarize yourself with other settings related to the company code, such as fiscal year variant, chart of accounts, and other financial settings.
  Documentation: Refer to SAP Help documentation for detailed guidance on company code configuration and currency settings.
  Transaction Codes: Useful transaction codes include:
  
  OBY6: To define company codes.
  OB22: To maintain currency settings.
  
  
  
  By following these steps, you should be able to resolve the FC014 error and ensure that your company code is properly configured with a currency.