How To Fix GC117 - Currency key missing for company &

SAP Error Message - Details

• Message type: E = Error

• Message class: GC - Error Messages for Consolidation/Extended General Ledger

• Message number: 117

• Message text: Currency key missing for company &

What causes this issue?

Company &V1& has no
<DS:GLOS.local_currency>local currency</>.

System Response

Error message

How to fix this error?

Enter a local currency for company &V1& in Company Maintenance.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message GC117 - Currency key missing for company & ?

  The SAP error message GC117, which states "Currency key missing for company &," typically occurs when there is a missing or incorrect currency configuration for a specific company code in the SAP system. This error can arise in various financial transactions, such as posting documents, creating invoices, or running reports.
  Cause:
  
  Missing Currency Configuration: The currency key for the specified company code is not defined in the system.
  Incorrect Company Code: The company code referenced in the transaction may not be set up correctly or may not exist.
  Data Inconsistency: There may be inconsistencies in the master data related to the company code or currency settings.
  Transport Issues: If the configuration was recently transported from another system, it may not have been set up correctly.
  
  Solution:
  
  
  Check Company Code Configuration:
  
  Go to the transaction code OBY6 (or SPRO -> Financial Accounting -> General Ledger -> Master Data -> G/L Accounts -> Prepare G/L Accounts for Posting).
  Ensure that the currency is defined for the company code in question.
  
  
  
  Define Currency for Company Code:
  
  If the currency is missing, you can define it by going to the transaction code OB22 (or SPRO -> Financial Accounting -> Financial Accounting Global Settings -> Currencies -> Define Company Code Currency).
  Add the appropriate currency key for the company code.
  
  
  
  Check Master Data:
  
  Review the master data for the company code and ensure that all relevant settings are correctly configured.
  Check if the currency is correctly assigned in the vendor/customer master records.
  
  
  
  Transport Requests:
  
  If the issue arose after a transport, verify that all necessary configuration settings were included in the transport request.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or consult with your SAP Basis or Finance team for any specific configurations that may be required for your organization.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OBY6, OB22, FS00 (for G/L account master data), and FK01/FK02 (for vendor master data).
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  User Authorizations: Ensure that you have the necessary authorizations to make changes to company code settings.
  
  If the problem persists after following these steps, it may be beneficial to consult with your SAP support team or reach out to SAP support for further assistance.