How To Fix FIN_FB_RECON506 - Currency (WAERS) of BKPF is initial

SAP Error Message - Details

• Message type: E = Error

• Message class: FIN_FB_RECON - Conversion to S/4HANA: Reconciliation

• Message number: 506

• Message text: Currency (WAERS) of BKPF is initial

What causes this issue?

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

System Response

How to fix this error?

For more information, see
<DS:URLA.HTTPS://LAUNCHPAD.SUPPORT.SAP.COM/#/NOTES/2714344>SAP Note
2714344.</>

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 FIN_FB_RECON506 - Currency (WAERS) of BKPF is initial ?

  The SAP error message FIN_FB_RECON506 indicates that the currency field (WAERS) in the BKPF table (which contains accounting document header data) is empty or not initialized. This error typically occurs during financial postings or when trying to perform certain financial operations that require a valid currency code.
  Cause:
  
  Missing Currency Code: The currency field (WAERS) in the accounting document header (BKPF) is not populated. This can happen if the document was created without specifying a currency.
  Incorrect Configuration: There may be issues with the configuration of the company code or the currency settings in the financial module.
  Data Entry Error: A user may have inadvertently left the currency field blank during data entry.
  Custom Programs or Enhancements: If there are custom programs or enhancements that manipulate financial documents, they may not be correctly handling the currency field.
  
  Solution:
  
  Check Document Creation: Ensure that when creating financial documents, the currency field is populated correctly. This can be done by reviewing the transaction or program that generated the document.
  Review Configuration: Check the configuration settings for the company code in the SAP system. Ensure that the currency settings are correctly defined:
  
  Go to SPRO ? Financial Accounting ? General Ledger ? Master Data ? G/L Accounts ? Edit G/L Account Centrally and verify the currency settings.
  Ensure that the company code has a valid currency assigned.
  
  
  Manual Correction: If the document is already created and the currency is missing, you may need to reverse the document and recreate it with the correct currency.
  Check for Custom Code: If there are custom programs or enhancements, review the code to ensure that it correctly handles the currency field. Debugging may be necessary to identify where the currency is not being set.
  Consult Documentation: Review SAP notes or documentation related to this error message for any specific guidance or patches that may address the issue.
  
  Related Information:
  
  Transaction Codes: You may use transaction codes like FB03 (Display Document) to view the document and check the currency field.
  SAP Notes: Search for relevant SAP Notes in the SAP Support Portal that may provide additional insights or solutions for this error.
  Testing: After making changes, perform testing to ensure that the issue is resolved and that financial documents can be created without encountering the error.
  
  If the issue persists after trying the above solutions, it may be beneficial to consult with your SAP support team or a functional consultant who specializes in financial accounting within SAP.