How To Fix FI644 - Company code &: assigned currency key does not exist

SAP Error Message - Details

• Message type: E = Error

• Message class: FI - TR-FM Funds Management

• Message number: 644

• Message text: Company code &: assigned currency key does not exist

What causes this issue?

Currency key &V3& does not exist in FM area &V2&, which is assigned to
company code &V1&.

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?

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FI644 - Company code &: assigned currency key does not exist ?

  The SAP error message FI644 indicates that there is an issue with the currency key assigned to a company code in the Financial Accounting (FI) module. Specifically, the error message states that the currency key assigned to the company code does not exist in the system.
  Cause:
  
  Missing Currency Key: The currency key assigned to the company code is not defined in the system. This can happen if the currency was not set up properly during the configuration of the company code.
  Incorrect Configuration: The company code may have been configured with an incorrect or misspelled currency key.
  Transport Issues: If the configuration was transported from another system (e.g., from a development to a production environment), the currency key may not have been included in the transport request.
  Data Migration Issues: If data was migrated from another system, the currency key may not have been correctly mapped or defined.
  
  Solution:
  
  
  Check Currency Configuration:
  
  Go to the transaction code OB22 (Define Company Code) and verify the currency key assigned to the company code.
  Ensure that the currency key is correctly defined and matches the currency you intend to use.
  
  
  
  Define Currency Key:
  
  If the currency key does not exist, you can create it using transaction code OB08 (Define Currencies).
  Enter the currency key and ensure that it is properly defined in the system.
  
  
  
  Review Company Code Settings:
  
  Check the settings for the company code in transaction code OBY6 (Assign Company Code to Chart of Accounts) to ensure that the currency key is correctly assigned.
  
  
  
  Transport Requests:
  
  If the issue arose after a transport, check the transport request to ensure that all necessary objects, including currency definitions, were included.
  
  
  
  Data Migration:
  
  If data was migrated, review the mapping of currencies to ensure that all necessary currency keys are defined in the target system.
  
  
  
  Related Information:
  
  Transaction Codes:
  
  OB22: Define Company Code
  OB08: Define Currencies
  OBY6: Assign Company Code to Chart of Accounts
  
  
  Currency Types: SAP supports various currency types, including local currency, group currency, and transaction currency. Ensure that the correct type is being used.
  Documentation: Refer to SAP Help documentation for detailed steps on configuring currencies and company codes.
  
  By following these steps, you should be able to resolve the FI644 error and ensure that the currency key is correctly set up for the company code in question.