How To Fix G00664 - Local currency could not be determined

G00664 - Overview

• 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.

G00664 - Details

• 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