How To Fix FTR_TCORI_MSG022 - Invalid currency code &1

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 022

• Message text: Invalid currency code &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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FTR_TCORI_MSG022 - Invalid currency code &1 ?

  The SAP error message FTR_TCORI_MSG022: Invalid currency code &1 typically occurs in the context of financial transactions, particularly in the area of treasury and risk management. This error indicates that the currency code being used in a transaction or configuration is not recognized by the system.
  Cause:
  
  Incorrect Currency Code: The currency code entered may be misspelled or not conform to the standard ISO currency codes (e.g., USD, EUR).
  Currency Not Defined: The currency code may not be defined in the system. This can happen if the currency has not been set up in the relevant configuration settings.
  Inactive Currency: The currency might be defined but is inactive or not available for the specific transaction type.
  Data Entry Error: There could be a simple typographical error in the currency code entered by the user.
  
  Solution:
  
  Check Currency Code: Verify that the currency code entered is correct and follows the ISO standard. Ensure there are no typos or extra spaces.
  Define Currency: If the currency code is not defined in the system, you may need to create it. This can typically be done in the configuration settings under the relevant financial module.
  
  Navigate to SPRO > Financial Accounting > Financial Accounting Global Settings > Currencies > Define Currencies.
  
  
  Activate Currency: If the currency is defined but inactive, you may need to activate it. Check the settings to ensure that the currency is available for use in the relevant transactions.
  Consult Documentation: Refer to SAP documentation or help resources for specific instructions on how to manage currencies in your version of SAP.
  Check User Authorizations: Ensure that the user has the necessary authorizations to use the currency in question.
  
  Related Information:
  
  Transaction Codes: You may want to check transaction codes like OB08 (for maintaining exchange rates) or OB22 (for defining currencies) to manage currency settings.
  SAP Notes: Look for relevant SAP Notes that might address this specific error or provide additional troubleshooting steps.
  Support: If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  By following these steps, you should be able to resolve the error message FTR_TCORI_MSG022 and ensure that the correct currency codes are being used in your SAP transactions.