How To Fix FICO1004 - Enter a currency for &1

SAP Error Message - Details

• Message type: E = Error

• Message class: FICO1 -

• Message number: 004

• Message text: Enter a currency for &1

What causes this issue?

You entered neither a <DS:DE.FICO_CAMT>condition currency</> nor a
<DS:DE.FICO_CAMT_POST>payment currency</> during condition
determination.

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?

Enter at least one of the currencies.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FICO1004 - Enter a currency for &1 ?

  The SAP error message FICO1004 ("Enter a currency for &1") typically occurs in the Financial Accounting (FI) or Controlling (CO) modules when a currency field is left blank or is not properly filled in during a transaction or entry. This error can arise in various contexts, such as during the creation of invoices, journal entries, or other financial documents.
  Cause:
  
  Missing Currency Field: The currency field required for the transaction is not filled in.
  Incorrect Configuration: The system may not be configured correctly to recognize the currency for the specific transaction type.
  Data Entry Error: Users may have overlooked entering the currency or made a mistake in the data entry process.
  Master Data Issues: The master data for the relevant account or vendor/customer may not have a default currency set.
  
  Solution:
  
  Check Currency Field: Ensure that the currency field is filled in correctly. If you are entering a transaction, make sure to specify the currency (e.g., EUR, USD) in the relevant field.
  Review Configuration: Verify the configuration settings in the SAP system to ensure that the currency settings for the company code, controlling area, or other relevant entities are correctly defined.
  Master Data Review: Check the master data for the relevant accounts, vendors, or customers to ensure that a default currency is set. You can do this by navigating to the master data records and confirming the currency settings.
  Transaction Type: Ensure that the transaction type you are using supports the currency you are trying to enter.
  User Training: If this error is frequent, consider providing additional training to users on how to properly enter transactions in SAP.
  
  Related Information:
  
  Transaction Codes: Depending on where the error occurs, you may be using transaction codes like FB01 (Post Document), F-02 (General Posting), or others related to financial transactions.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  Documentation: Refer to SAP documentation for guidelines on currency settings and financial transactions.
  Support: If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  By addressing the above points, you should be able to resolve the FICO1004 error and proceed with your financial transactions in SAP.