How To Fix FTVV_MESSAGES603 - Currency not permitted for contract &

SAP Error Message - Details

• Message type: E = Error

• Message class: FTVV_MESSAGES - Reporting Financial Assets Management

• Message number: 603

• Message text: Currency not permitted for contract &

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 FTVV_MESSAGES603 - Currency not permitted for contract & ?

  The SAP error message FTVV_MESSAGES603 ("Currency not permitted for contract &") typically occurs when there is an issue with the currency settings in a contract or agreement within the SAP system. This error indicates that the currency being used is not allowed for the specific contract type or is not configured correctly in the system.
  Causes:
  
  Currency Configuration: The currency used in the contract may not be configured in the system for that specific contract type.
  Contract Type Restrictions: Certain contract types may have restrictions on which currencies can be used.
  Master Data Issues: The master data for the vendor, customer, or material may not support the currency being used.
  Transaction Settings: The transaction settings may not allow the use of the specified currency.
  
  Solutions:
  
  
  Check Currency Configuration:
  
  Go to the configuration settings in SAP and verify that the currency is allowed for the specific contract type.
  Ensure that the currency is defined in the relevant customizing settings (e.g., in the IMG under Financial Accounting or Contract Management).
  
  
  
  Review Contract Type Settings:
  
  Check the settings for the specific contract type to see if there are any restrictions on the currencies that can be used.
  If necessary, modify the settings to allow the desired currency.
  
  
  
  Update Master Data:
  
  Ensure that the master data for the involved parties (vendors, customers) supports the currency being used.
  If the currency is not supported, consider updating the master data to include the necessary currency.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help files related to contract management and currency settings for additional guidance.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the above points, consider reaching out to SAP support for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes like ME31K (Create Contract), ME32K (Change Contract), or ME33K (Display Contract) to review or modify contracts.
  Customizing Path: The path to check currency settings can typically be found under:
  
  SPRO ? Financial Accounting ? Accounts Receivable and Accounts Payable ? Contract Management ? Define Contract Types.
  
  
  Error Logs: Check the error logs for more detailed information about the error and any related issues.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.