How To Fix HRECM00LTI038 - Currency not found for company code &1

SAP Error Message - Details

• Message type: E = Error

• Message class: HRECM00LTI - Messages for Long-Term Incentives Functions

• Message number: 038

• Message text: Currency not found for company code &1

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 HRECM00LTI038 - Currency not found for company code &1 ?

  The SAP error message HRECM00LTI038, which states "Currency not found for company code &1," typically occurs in the context of Human Capital Management (HCM) or related modules when the system is unable to find a valid currency configuration for a specified company code. Here’s a breakdown of the cause, potential solutions, and related information:
  Cause:
  
  Missing Currency Configuration: The company code specified in the error does not have a currency defined in the system.
  Incorrect Company Code: The company code entered may be incorrect or not properly set up in the system.
  Currency Type Issues: The currency type (e.g., local currency, group currency) may not be defined for the company code.
  Master Data Issues: There may be issues with the master data related to the company code or the currency settings.
  
  Solution:
  
  
  Check Company Code Configuration:
  
  Go to the transaction code OBY6 (or SPRO -> Financial Accounting -> General Settings -> Define Company Code) and verify that the company code is correctly set up with a valid currency.
  Ensure that the currency type is correctly assigned.
  
  
  
  Define Currencies:
  
  If the currency is missing, you can define it by going to the transaction code OB08 (or SPRO -> Financial Accounting -> Financial Accounting Global Settings -> Currencies -> Define Currencies).
  Add the necessary currency for the company code.
  
  
  
  Review Master Data:
  
  Check the master data for the relevant employee or organizational unit to ensure that the company code and currency are correctly assigned.
  Ensure that the employee records are linked to the correct company code.
  
  
  
  Check for Customizations:
  
  If there are any custom developments or enhancements in your SAP system, review them to ensure they are not interfering with currency determination.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or notes related to this error message for any specific guidance or patches that may address the issue.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OBY6, OB08, and SPRO for configuration checks.
  SAP Notes: Search for SAP Notes related to HRECM00LTI038 for any known issues or fixes.
  User Roles and Authorizations: Ensure that the user has the necessary authorizations to view and modify company code and currency settings.
  Testing: After making changes, perform tests to ensure that the error is resolved and that the system behaves as expected.
  
  If the issue 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.