How To Fix FTR_TRCC003 - New currency &1 invalid

SAP Error Message - Details

• Message type: E = Error

• Message class: FTR_TRCC - Currency Changeover: Messages

• Message number: 003

• Message text: New currency &1 invalid

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_TRCC003 - New currency &1 invalid ?

  The SAP error message FTR_TRCC003 with the description "New currency &1 invalid" typically occurs in the context of financial transactions, particularly when dealing with foreign currency valuations or currency conversions in the SAP Treasury and Risk Management module.
  Cause:
  This error usually arises due to one of the following reasons:
  
  
  Invalid Currency Code: The currency code specified in the transaction is not recognized by the system. This could be due to a typo or the currency not being defined in the system.
  
  
  Currency Not Active: The currency may not be active in the system. This can happen if the currency has been deactivated or if it is not included in the relevant configuration settings.
  
  
  Missing Exchange Rate: If the transaction involves currency conversion, the required exchange rate for the specified currency may not be maintained in the system.
  
  
  Configuration Issues: There may be issues with the configuration settings related to currencies in the SAP system, such as missing entries in the currency tables.
  
  
  Solution:
  To resolve the error, you can take the following steps:
  
  
  Check Currency Code: Verify that the currency code specified in the transaction is correct. Ensure there are no typographical errors.
  
  
  Activate Currency: If the currency is not active, you may need to activate it in the system. This can typically be done in the configuration settings.
  
  
  Maintain Exchange Rates: Ensure that the exchange rates for the currency are maintained in the system. You can do this by navigating to the relevant transaction for maintaining exchange rates (e.g., transaction code OB08).
  
  
  Review Configuration: Check the configuration settings related to currencies in the SAP system. Ensure that all necessary currencies are included and properly configured.
  
  
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on handling currency-related issues in your version of SAP.
  
  
  Contact 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.
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OB08 (Maintain Exchange Rates) and OX19 (Define Currencies) for managing currency settings.
  SAP Notes: Check SAP Notes for any known issues or patches related to currency handling in your version of SAP.
  User Roles: Ensure that you have the necessary authorizations to make changes to currency settings and exchange rates.
  
  By following these steps, you should be able to identify and resolve the cause of the FTR_TRCC003 error in your SAP system.