How To Fix FINCS_MD_CONSUNIT005 - Sender currency &1 does not exist.

SAP Error Message - Details

• Message type: E = Error

• Message class: FINCS_MD_CONSUNIT - Consolidation Unit Master Data

• Message number: 005

• Message text: Sender currency &1 does not exist.

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FINCS_MD_CONSUNIT005 - Sender currency &1 does not exist. ?

  The SAP error message FINCS_MD_CONSUNIT005 indicates that the sender currency specified in a financial transaction or configuration does not exist in the system. This error typically arises in the context of financial transactions, currency conversions, or when setting up financial master data.
  Cause:
  
  Missing Currency Configuration: The currency you are trying to use has not been defined in the system.
  Incorrect Currency Code: The currency code entered may be misspelled or incorrect.
  Inactive Currency: The currency might exist but is not active or has been deactivated in the system.
  Master Data Issues: The currency may not be linked correctly to the relevant financial master data.
  
  Solution:
  
  
  Check Currency Configuration:
  
  Go to the transaction code OB08 (or the relevant transaction for currency settings).
  Verify if the currency code exists in the system. If it does not, you will need to create it.
  
  
  
  Create or Activate Currency:
  
  If the currency does not exist, you can create it by entering the currency code and relevant details.
  If it exists but is inactive, you may need to activate it.
  
  
  
  Verify Currency Code:
  
  Double-check the currency code you are using in your transaction. Ensure it is spelled correctly and matches the standard currency codes.
  
  
  
  Check Master Data:
  
  Ensure that the currency is correctly linked to the relevant financial master data (e.g., customer/vendor records, financial documents).
  Use transaction codes like FD03 (for customers) or FK03 (for vendors) to check the master data.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help files related to currency configuration and financial transactions for additional guidance.
  
  
  
  Contact 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.
  
  
  
  Related Information:
  
  
  Transaction Codes: 
  
  OB08: Maintain exchange rates.
  OB22: Define currencies.
  FD03: Display customer master data.
  FK03: Display vendor master data.
  
  
  
  SAP Notes: Check for any relevant SAP Notes that might address this specific error or provide additional troubleshooting steps.
  
  
  Documentation: Refer to the SAP Help Portal for detailed information on currency management and financial transactions.
  
  
  By following these steps, you should be able to resolve the error message FINCS_MD_CONSUNIT005 and ensure that the sender currency is correctly configured in your SAP system.