FINS_ML_START005 - Currency key is not filled for valuation area & and currency type &

SAP Error Message - Details

• Message type: E = Error

• Message class: FINS_ML_START - Messages for package FINS_ML_START

• Message number: 005

• Message text: Currency key is not filled for valuation area & and currency type &

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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FINS_ML_START005 - Currency key is not filled for valuation area & and currency type & ?

  The SAP error message FINS_ML_START005 indicates that there is an issue with the currency key not being filled for a specific valuation area and currency type in the context of the Material Ledger (ML) functionality. This error typically arises during the execution of processes that involve currency valuation, such as during the closing of periods or when running certain reports.
  Cause:
  
  Missing Configuration: The currency key for the specified valuation area and currency type may not be configured in the system. This can happen if the necessary settings in the Material Ledger configuration are incomplete or incorrect.
  Data Entry Issues: There may be missing or incorrect entries in the relevant master data, such as material master records or valuation area settings.
  Inconsistent Data: There could be inconsistencies in the data related to the currency settings for the valuation area, which can lead to this error.
  
  Solution:
  
  
  Check Configuration:
  
  Go to the configuration settings for the Material Ledger (Transaction code: SPRO).
  Navigate to Logistics > Materials Management > Material Ledger > Settings for Material Ledger > Define Valuation Areas.
  Ensure that the currency key is properly defined for the relevant valuation area and currency type.
  
  
  
  Review Material Master Data:
  
  Check the material master records (Transaction code: MM03) for the materials involved. Ensure that the currency settings are correctly maintained.
  Verify that the valuation area is correctly assigned and that the currency key is filled.
  
  
  
  Check Currency Types:
  
  Ensure that the currency types used in the valuation area are correctly defined and that they correspond to the expected settings in the system.
  
  
  
  Run Consistency Checks:
  
  Use transaction codes like CKMLCP (Material Ledger Closing) to run consistency checks and identify any discrepancies in the data.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or notes related to the Material Ledger and currency settings for any additional guidance or known issues.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the above points, consider reaching out to SAP support for further assistance, especially if there are specific patches or updates that may address the issue.
  
  
  
  Related Information:
  
  Material Ledger: A component of SAP that allows for the management of inventory valuation and provides functionalities for actual costing.
  Valuation Area: Represents a specific area within the organization where materials are valued, typically corresponding to a plant or company code.
  Currency Types: Different types of currencies used in financial transactions, such as transaction currency, local currency, and group currency.
  
  By following these steps, you should be able to identify and resolve the issue related to the FINS_ML_START005 error message in SAP.