How To Fix FE590 - Currency type & is not managed in company code &

FE590 - Overview

• Message type: E = Error

• Message class: FE - CO-PA module pool messages

• Message number: 590

• Message text: Currency type & is not managed in company code &

What causes this issue?

The currency type &V1& you selected is not used in company
code &V2&.

System Response

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

How to fix this error?

Select the currency type and company codes in such a way that all
company codes you select are also managed in the currency type you
select.

Error message extract from SAP system. Copyright SAP SE.

FE590 - Details

• The SAP error message FE590 indicates that a specific currency type is not managed in the specified company code. This error typically arises when there is an attempt to process a transaction involving a currency type that has not been configured or enabled for the company code in question.
  
  Cause:
  
  Currency Type Not Configured: The currency type you are trying to use (e.g., transaction currency, local currency, etc.) is not set up in the company code settings.
  Incorrect Configuration: The currency type may be configured incorrectly or not assigned to the company code.
  Missing Currency Type in Master Data: The currency type may not be included in the relevant master data (e.g., vendor, customer, or material master).
  Transaction Type Restrictions: Certain transaction types may have restrictions on the currency types that can be used.
  
  
  Solution:
  
  
  Check Currency Type Configuration:
  
  Go to the transaction code OB22 (or navigate through the menu: SPRO > Financial Accounting > Financial Accounting Global