How To Fix FTR_TCORI_MSG007 - Invalid currency &1

SAP Error Message - Details

• Message type: E = Error

• Message class: FTR_TCORI_MSG - Treasury: Messaging Interface, Implementations' messages

• Message number: 007

• Message text: Invalid currency &1

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.

Unfortunately, there isn't any extra information in this error notice.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FTR_TCORI_MSG007 - Invalid currency &1 ?

  The SAP error message FTR_TCORI_MSG007: Invalid currency &1 typically occurs in the context of financial transactions, particularly in the area of treasury and risk management. This error indicates that the currency specified in a transaction or configuration is not recognized or is invalid in the system.
  Causes:
  
  Incorrect Currency Code: The currency code entered may be misspelled or not exist in the system.
  Currency Not Activated: The currency may not be activated in the system settings or may not be included in the relevant currency settings for the company code or transaction type.
  Configuration Issues: There may be issues with the configuration of the currency settings in the SAP system, such as missing entries in the currency table.
  Transaction Context: The currency may not be valid for the specific transaction or document type being processed.
  
  Solutions:
  
  Check Currency Code: Verify that the currency code entered is correct. Ensure that it matches the standard ISO currency codes (e.g., USD for US Dollar, EUR for Euro).
  Activate Currency: If the currency is valid but not activated, you may need to activate it in the system. This can typically be done in the configuration settings under the relevant financial module.
  Review Configuration: Check the configuration settings for currencies in the SAP system. This includes reviewing the settings in transaction codes like OB22 (for currency types) and OB08 (for exchange rates).
  Company Code Settings: Ensure that the currency is allowed for the specific company code and that it is included in the relevant financial settings.
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on handling currency-related errors in your version of SAP.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OB22 (Define Currency Types), OB08 (Maintain Exchange Rates), and FTR1N (Create Financial Transaction) to troubleshoot and resolve the issue.
  SAP Notes: Check SAP Notes for any known issues or patches related to currency handling in your version of SAP.
  User Authorizations: Ensure that the user has the necessary authorizations to work with the specified currency and related transactions.
  
  If the issue persists after checking these areas, it may be beneficial to consult with your SAP support team or a functional consultant who specializes in treasury and risk management.