How To Fix FM_BP_BWRET070 - Data record not updated; transaction currency does not exist

FM_BP_BWRET070 - Overview

• Message type: E = Error

• Message class: FM_BP_BWRET - Messages for FM Budget Preparation Retraction

• Message number: 070

• Message text: Data record not updated; transaction currency does not exist

What causes this issue?

In the Customizing for the plan data transfer from SAP Business
Warehouse (BW), it is defined that a conversion of the currency should
take place when using the current query. However, no transaction
currency was specified for the data record.

System Response

The data record is not considered in the update.

How to fix this error?

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

Procedure for System Administrators

Either define a fixed value or that the transaction currency should be
transferred from a BW object in IMG activity <LS>Define Field Assignment
</> for the field TRANS_CURR (transaction currency).
If the field assignment is correct but the data record is still not
updated, check whether the transaction currency exists in your data
source in SAP BW.

Error message extract from SAP system. Copyright SAP SE.

FM_BP_BWRET070 - Details

• The SAP error message FM_BP_BWRET070 indicates that a data record could not be updated because the transaction currency does not exist in the system. This error typically occurs in the context of financial transactions, particularly when dealing with budget management or financial postings in SAP.
  
  Cause:
  
  Missing Currency Configuration: The currency that is being used in the transaction is not defined in the system. This could happen if the currency was not set up in the relevant configuration settings.
  Incorrect Transaction Data: The transaction data being processed may reference a currency that is not valid for the specific financial document or budget.
  Master Data Issues: The master data for the relevant financial objects (like cost centers, internal orders, etc.) may not have the necessary currency settings.
  Currency Type Mismatch: There may be a mismatch between the currency type expected by the system and the currency type being used in the transaction.
  
  
  Solution:
  
  
  Check Currency Configuration:
  
  Go to the