How To Fix FCO_COST_RATE027 - The currency key is missing or empty

SAP Error Message - Details

• Message type: E = Error

• Message class: FCO_COST_RATE - Cost Rate Message Class

• Message number: 027

• Message text: The currency key is missing or empty

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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FCO_COST_RATE027 - The currency key is missing or empty ?

  The SAP error message FCO_COST_RATE027 indicates that there is a problem with the currency key in the context of cost rate configuration. This error typically arises when the system expects a currency key to be present but finds it missing or empty. Here’s a breakdown of the cause, potential solutions, and related information:
  Cause:
  
  Missing Currency Key: The currency key is not defined in the relevant configuration or master data.
  Incorrect Configuration: The cost rate configuration may not have been set up correctly, leading to the absence of a currency key.
  Data Entry Error: During data entry, the currency field may have been left blank or incorrectly filled.
  Master Data Issues: The master data for the cost center, internal order, or other relevant objects may not have a valid currency assigned.
  
  Solution:
  
  
  Check Configuration:
  
  Navigate to the relevant configuration settings in SAP (e.g., transaction codes like OX19 for cost centers, OX10 for internal orders).
  Ensure that the currency key is correctly defined for the cost object in question.
  
  
  
  Review Master Data:
  
  Check the master data for the cost center, internal order, or any other relevant objects to ensure that a valid currency is assigned.
  Use transaction codes like KS03 (Display Cost Center) or KO03 (Display Internal Order) to verify the currency settings.
  
  
  
  Data Entry Validation:
  
  If the error occurred during data entry, review the input data to ensure that all required fields, especially the currency field, are filled out correctly.
  If necessary, re-enter the data with the correct currency key.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help files for specific guidance on the configuration of cost rates and currency settings.
  
  
  
  Check for Updates or Notes:
  
  Sometimes, SAP releases notes or patches that address specific issues. Check the SAP Support Portal for any relevant notes related to this error message.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes for cost center accounting (e.g., KS01, KS02, KS03) and internal orders (e.g., KO01, KO02, KO03).
  Currency Configuration: Understand how currencies are configured in your SAP system, including the use of transaction OB22 for defining currency types.
  SAP Support: If the issue persists after checking the above, consider reaching out to your SAP support team or consulting the SAP Community for further assistance.
  
  By following these steps, you should be able to identify and resolve the issue related to the FCO_COST_RATE027 error message.