How To Fix FICORE352 - Currency & is not defined

SAP Error Message - Details

• Message type: E = Error

• Message class: FICORE - FI Message Class for General Messages

• Message number: 352

• Message text: Currency & is not defined

What causes this issue?

Currency &V1& has not been defined.

System Response

Error message

How to fix this error?

Check your entry.

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

Maintain currency &V1&, if you have the appropriate authorization.

<DS:SIMG.SIMG_CFMENUSAPCOY03>Execute function</>
ENDIF

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FICORE352 - Currency & is not defined ?

  The SAP error message FICORE352 typically indicates that a currency is not defined in the system for a specific context, such as a company code or a controlling area. This error can occur in various financial transactions, including postings, reports, or when trying to execute certain functions that involve currency conversion or currency-specific calculations.
  Cause:
  
  Currency Not Defined: The currency in question is not defined in the system for the relevant company code or controlling area.
  Missing Configuration: The currency might not be configured properly in the system settings, such as in the currency settings of the company code.
  Incorrect Transaction Data: The transaction data being processed may reference a currency that is not set up in the system.
  Master Data Issues: The master data (like vendor, customer, or material) may not have the necessary currency information.
  
  Solution:
  
  
  Define the Currency:
  
  Go to the transaction code OB08 (or navigate through the menu: SPRO > Financial Accounting > Financial Accounting Global Settings > Currencies > Define Currencies).
  Check if the currency in question is listed. If not, you will need to add it.
  
  
  
  Check Company Code Settings:
  
  Use transaction code OBY6 to check the settings for the company code.
  Ensure that the currency is defined for the company code in question.
  
  
  
  Review Master Data:
  
  Check the master data for the relevant entities (customers, vendors, etc.) to ensure that they are set up with the correct currency.
  Use transaction codes like XD03 (for customers) or MK03 (for vendors) to review the data.
  
  
  
  Currency Translation:
  
  If the currency is meant to be used for translation purposes, ensure that the translation settings are correctly configured.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help files for any specific configurations related to the currency in question.
  
  
  
  Contact Support:
  
  If the issue persists after checking the above, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: OB08 (Define Currencies), OBY6 (Company Code Settings), XD03 (Display Customer), MK03 (Display Vendor).
  SAP Notes: Check SAP Notes for any known issues or patches related to currency definitions.
  Configuration Guides: Refer to SAP configuration guides for financial accounting to ensure all settings are correctly applied.
  
  By following these steps, you should be able to resolve the FICORE352 error and ensure that the currency is properly defined in your SAP system.