How To Fix FKKINV012 - Currency &1 is unknown

SAP Error Message - Details

• Message type: E = Error

• Message class: FKKINV - Invoicing in Contract Accounts Receivable and Payable

• Message number: 012

• Message text: Currency &1 is unknown

What causes this issue?

The <DS:DE.WAERS_CURC>currency</> &v1& is unknown.

System Response

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

How to fix this error?

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 FKKINV012 - Currency &1 is unknown ?

  The SAP error message FKKINV012 indicates that the system has encountered an issue with an unknown currency code during the processing of an invoice in the Contract Accounts Receivable and Payable (FI-CA) module. This error typically arises when the system cannot recognize the currency specified in the transaction.
  Cause:
  
  Invalid Currency Code: The currency code used in the transaction does not exist in the system or is not properly defined.
  Missing Currency Configuration: The currency may not be configured in the system settings, or it may not be assigned to the relevant company code or controlling area.
  Data Entry Error: There may be a typographical error in the currency code entered in the transaction.
  Currency Not Active: The currency might not be active in the system for the relevant period or company code.
  
  Solution:
  
  Check Currency Code: Verify the currency code used in the transaction. Ensure that it is correctly spelled and formatted.
  Currency Configuration:
  
  Go to the transaction code OB08 to check the currency settings.
  Ensure that the currency is defined and active for the relevant company code.
  
  
  Add Missing Currency:
  
  If the currency is not defined, you may need to add it using the appropriate configuration settings in the SAP system.
  
  
  Check Company Code Settings: Ensure that the currency is assigned to the company code in question. This can be checked in the company code settings.
  Review Transaction Data: If the error occurs during a specific transaction, review the data entered for that transaction to ensure all fields are correctly filled out.
  Consult Documentation: Refer to SAP documentation or help resources for additional guidance on currency configuration and management.
  
  Related Information:
  
  Transaction Codes: 
  
  OB08: Maintain exchange rates and currency settings.
  OBA7: Define currencies for company codes.
  
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional troubleshooting steps.
  User Roles: Ensure that the user has the necessary permissions to view and modify currency settings in the system.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a functional consultant who specializes in FI-CA for further assistance.