How To Fix FXM_CORE047 - The entered currency code &1 of the minimum amount does not exist.

SAP Error Message - Details

• Message type: E = Error

• Message class: FXM_CORE -

• Message number: 047

• Message text: The entered currency code &1 of the minimum amount does not exist.

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 FXM_CORE047 - The entered currency code &1 of the minimum amount does not exist. ?

  The SAP error message FXM_CORE047 indicates that the currency code entered for a minimum amount does not exist in the system. This error typically occurs in the context of financial transactions, such as when configuring currency settings for a financial document or transaction.
  
  Cause:
  
  Invalid Currency Code: The currency code entered does not match any of the valid currency codes defined in the SAP system.
  Missing Currency Configuration: The currency may not be configured in the system, meaning it has not been set up in the currency tables.
  Typographical Error: There may be a typographical error in the currency code entered, leading to the system not recognizing it.
  Inactive Currency: The currency code may exist but is marked as inactive or not available for transactions.
  
  
  Solution:
  
  Check Currency Code: Verify that the currency code entered is correct. Ensure that it matches the standard currency codes (e.g., USD for US Dollar, EUR for Euro).
  Review Currency Configuration:
  Go to the