How To Fix FMFEES055 - Fee type &1: Specify the currency

FMFEES055 - Overview

• Message type: E = Error

• Message class: FMFEES - Fees

• Message number: 055

• Message text: Fee type &1: Specify the currency

Self-Explanatory Message

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FMFEES055 - Details

• The SAP error message FMFEES055 indicates that a fee type requires a currency to be specified, but it has not been provided. This error typically occurs in the context of financial management, particularly when dealing with fee types in the Funds Management (FM) module.
  
  Cause:
  The error is triggered when:
  
  A fee type is being processed (e.g., during the creation or modification of a fee) but the currency field is left blank.
  The system requires a currency to correctly calculate and manage the financial transactions associated with that fee type.
  
  
  Solution:
  To resolve the FMFEES055 error, you should take the following steps:
  
  
  Check Fee Type Configuration:
  
  Navigate to the configuration settings for the fee type in question.
  Ensure that the currency field is properly defined and not left blank.
  
  
  
  Specify Currency:
  
  When creating or modifying the fee type, make sure to specify the currency in the relevant field.
  If you are using a transaction code to create or modify the fee type,