How To Fix FE592 - Currency type & not possible with selected company codes

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 592

• Message text: Currency type & not possible with selected company codes

What causes this issue?

The currecy type you selected (&V1&) is incompatible with
the company code you selected, since currency type &V1& does not have
the same currency key in all the company codes selected.

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 a combination of currency types and company codes, so
that all selected company codes have the same currency key in the
selected currency type.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FE592 - Currency type & not possible with selected company codes ?

  The SAP error message FE592 indicates that there is an issue with the currency type being used in relation to the selected company codes. This error typically arises when there is a mismatch between the currency settings of the company codes and the currency type being used in a transaction or report.
  Cause:
  
  
  Currency Type Mismatch: The currency type specified in the transaction does not match the currency settings of the selected company codes. For example, if the company code is set to use a specific currency type (like local currency or group currency), and the transaction is trying to use a different currency type, this error will occur.
  
  
  Company Code Configuration: The company codes may not be configured to support the currency type being used. This can happen if the currency type is not defined for the company code in the configuration settings.
  
  
  Transaction Settings: The transaction being executed may not allow the use of the specified currency type for the selected company codes.
  
  
  Solution:
  
  
  Check Currency Type Settings: Verify the currency type being used in the transaction. Ensure that it is compatible with the currency settings of the selected company codes.
  
  
  Review Company Code Configuration:
  
  Go to the configuration settings for the company codes (Transaction Code: OBY6).
  Check the currency settings for each company code and ensure that the required currency types are defined.
  
  
  
  Adjust Transaction Parameters: If the transaction allows for different currency types, try changing the currency type to one that is compatible with the selected company codes.
  
  
  Consult Documentation: Review SAP documentation or help resources for specific details on currency types and company code settings to ensure compliance with the system's requirements.
  
  
  Contact SAP Support: If the issue persists after checking the above settings, consider reaching out to SAP support for further assistance, as they can provide more detailed insights based on your specific system configuration.
  
  
  Related Information:
  
  Currency Types in SAP: SAP typically uses several currency types, such as:
  
  01: Local currency
  10: Group currency
  30: Hard currency
  40: Index-based currency
  
  
  Transaction Codes: Familiarize yourself with relevant transaction codes for checking and configuring currency settings, such as OBY6 (Company Code Global Parameters) and OB22 (Define Currency Types).
  Documentation: Refer to SAP Help Portal or SAP Notes for specific guidance on handling currency-related errors.
  
  By following these steps, you should be able to resolve the FE592 error and ensure that your transactions are processed correctly with the appropriate currency types.