How To Fix HRPAY99LOAN003 - Currency &1 is not valid on &2

HRPAY99LOAN003 - Overview

• Message type: E = Error

• Message class: HRPAY99LOAN - International Payroll: Company Loans

• Message number: 003

• Message text: Currency &1 is not valid on &2

What causes this issue?

According to table TCURC (Currency codes) or table T500W (Valid country
currencies), the currency &V1& is not valid on &V2&

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 currency you entered.

Procedure for System Administrators

Check the entries for currency &V1& in tables TCURC and T500W.

Error message extract from SAP system. Copyright SAP SE.

HRPAY99LOAN003 - Details

• The SAP error message HRPAY99LOAN003 indicates that there is an issue with the currency being used in a payroll or loan-related transaction. Specifically, the message states that the currency specified (denoted as &1) is not valid on the date provided (denoted as &2). This can occur in various contexts, such as when processing payroll, loans, or other financial transactions within the SAP HR module.
  
  Cause:
  
  Invalid Currency Code: The currency code specified in the transaction may not be recognized by the system. This could be due to a typo or an incorrect currency code being used.
  Currency Not Active: The currency may not be active or configured in the system for the specified date. Currencies can be deactivated or may not have been set up correctly in the system.
  Date-Specific Configuration: The currency might be valid in general but not valid for the specific date mentioned in the error message. This can happen if