How To Fix FINS_REC604 - Wrong currency key in Universal Journal Entries: &1 messages

FINS_REC604 - Overview

• Message type: E = Error

• Message class: FINS_REC - Reconciliation Message Class

• Message number: 604

• Message text: Wrong currency key in Universal Journal Entries: &1 messages

Self-Explanatory Message

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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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FINS_REC604 - Details

• The SAP error message FINS_REC604, which states "Wrong currency key in Universal Journal Entries: &1," typically occurs in the context of financial postings in the Universal Journal (part of the SAP S/4HANA system). This error indicates that there is a mismatch or an invalid currency key in the journal entries being processed.
  
  Cause:
  
  Invalid Currency Key: The currency key specified in the journal entry does not exist in the system or is not valid for the transaction being processed.
  Currency 
  Configuration Issues: There may be issues with the configuration of currencies in the system, such as missing currency types or incorrect settings in the currency configuration.
  Data Entry Errors: Manual data entry errors can lead to incorrect currency codes being used in the journal entries.
  Master Data Issues: The master data for the relevant accounts may not be set up correctly, leading to currency mismatches.
  
  
  Solution:
  
  Check Currency Key: Verify that the currency key used in the