How To Fix GZ503 - Currency key &1 in set &2 is not in the currency table

SAP Error Message - Details

• Message type: E = Error

• Message class: GZ - Message class for FI-LC

• Message number: 503

• Message text: Currency key &1 in set &2 is not in the currency table

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.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message GZ503 - Currency key &1 in set &2 is not in the currency table ?

  The SAP error message GZ503 indicates that there is an issue with a currency key that is not found in the currency table. This typically occurs when a transaction or process is trying to use a currency that has not been defined or is not active in the system.
  Cause:
  
  Missing Currency Definition: The currency key specified in the error message is not defined in the currency table (TCURC).
  Inactive Currency: The currency might be defined but is inactive or not available for the specific company code or transaction.
  Incorrect Configuration: There may be a configuration issue where the currency is not properly set up in the relevant settings (e.g., company code settings, controlling area settings).
  Data Entry Error: There could be a typo or incorrect entry in the transaction that is causing the system to look for a non-existent currency.
  
  Solution:
  
  Check Currency Table: Go to transaction code OB08 (or use the relevant transaction for your version) to check the currency table (TCURC) and verify if the currency key exists.
  Define Missing Currency: If the currency is not defined, you can add it using the same transaction. Ensure that you enter the correct currency key and description.
  Activate Currency: If the currency is defined but inactive, you may need to activate it for the relevant company code or controlling area.
  Review Configuration: Check the configuration settings for the company code and ensure that the currency is correctly set up. This includes checking the settings in the following areas:
  
  Company Code settings (transaction code OBY6)
  Controlling area settings (transaction code OKKP)
  
  
  Correct Data Entry: If the error is due to a data entry mistake, correct the entry in the transaction that triggered the error.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OB08 for currency settings, OBY6 for company code settings, and OKKP for controlling area settings.
  Currency Types: Understand the different types of currencies in SAP (e.g., local currency, group currency, and hard currency) and how they are used in financial transactions.
  SAP Notes: Check SAP Notes for any known issues or patches related to currency handling in your specific version of SAP.
  User Authorization: Ensure that you have the necessary authorizations to make changes to currency settings in the system.
  
  By following these steps, you should be able to resolve the GZ503 error and ensure that the currency key is properly defined and active in your SAP system.