How To Fix G00664 - Local currency could not be determined

SAP Error Message - Details

• Message type: E = Error

• Message class: G00 - SAP Consolidation

• Message number: 664

• Message text: Local currency could not be determined

What causes this issue?

The local currency of consolidation unit &V1& in fiscal year &V2& could
not be determined.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Check the local currency in the master record of the consolidation unit
&V1& and, if required, make a valid assignment in fiscal year &V2&.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message G00664 - Local currency could not be determined ?

  The SAP error message G00664, which states "Local currency could not be determined," typically occurs in financial transactions when the system is unable to identify the local currency for a specific company code or transaction. This can happen for several reasons, and understanding the cause is essential for resolving the issue.
  Causes:
  
  
  Missing Configuration: The local currency for the company code may not be defined in the system. Each company code in SAP must have a local currency assigned.
  
  
  Incorrect Company Code: The company code used in the transaction may not be valid or may not have been set up correctly.
  
  
  Currency Type Issues: The currency type used in the transaction may not be recognized or may not have been configured properly.
  
  
  Master Data Issues: The master data for the vendor, customer, or material may not have the correct currency settings.
  
  
  Transaction Type: The transaction type being processed may not support the currency being used.
  
  
  Solutions:
  
  
  Check Company Code Configuration:
  
  Go to the transaction code OBY6 (or SPRO -> Financial Accounting -> General Ledger Accounting -> Master Data -> Define Company Code).
  Ensure that the local currency is defined for the relevant company code.
  
  
  
  Verify Transaction Data:
  
  Check the transaction you are trying to process. Ensure that the correct company code is being used and that it is valid.
  
  
  
  Review Currency Settings:
  
  Check the currency settings in the relevant master data (vendor, customer, or material) to ensure that they are correctly configured.
  
  
  
  Check Currency Types:
  
  Ensure that the currency types used in the transaction are correctly defined in the system. You can check this in the configuration settings for currencies.
  
  
  
  Consult Documentation:
  
  If the issue persists, consult SAP documentation or support for further troubleshooting steps specific to your version and configuration.
  
  
  
  Debugging:
  
  If you have access to debugging tools, you can analyze the program flow to identify where the currency determination is failing.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OBY6, OB22, and OB08 for currency settings.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  User Roles and Authorizations: Ensure that the user has the necessary authorizations to access and modify the relevant settings.
  
  By following these steps, you should be able to identify the cause of the G00664 error and implement the appropriate solution. If the problem continues, consider reaching out to your SAP support team for further assistance.