How To Fix ICC-FI462 - The description of currency & was not found

SAP Error Message - Details

• Message type: E = Error

• Message class: ICC-FI - Dunning (Sweden)

• Message number: 462

• Message text: The description of currency & was not found

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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message ICC-FI462 - The description of currency & was not found ?

  The SAP error message ICC-FI462, which states "The description of currency & was not found," typically occurs when the system is unable to find a description for a specific currency code in the relevant currency tables. This can happen for several reasons, including:
  Causes:
  
  Missing Currency Description: The currency code is not defined in the system, or its description is missing in the currency master data.
  Incorrect Configuration: The currency settings in the system may not be properly configured, leading to missing or incorrect entries.
  Data Migration Issues: If data has been migrated from another system, there may be inconsistencies or missing entries in the currency tables.
  Custom Development: If there are custom programs or enhancements that reference currency descriptions, they may not handle certain currencies correctly.
  
  Solutions:
  
  
  Check Currency Master Data:
  
  Go to transaction code OB08 (Maintain Exchange Rates) or OBD2 (Maintain Currencies) to check if the currency in question is defined and has a description.
  If the currency is missing, you can add it manually.
  
  
  
  Verify Configuration:
  
  Ensure that the currency settings in the system are correctly configured. This includes checking the settings in the Financial Accounting (FI) module and any related modules that may use currency data.
  
  
  
  Data Consistency Check:
  
  If the error occurred after a data migration, perform a consistency check to ensure that all necessary currency data has been migrated correctly.
  
  
  
  Review Custom Code:
  
  If there are custom programs or enhancements, review the code to ensure that it correctly handles all currency codes and descriptions.
  
  
  
  SAP Notes:
  
  Check the SAP Support Portal for any relevant SAP Notes that may address this specific error or provide additional guidance.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the above points, consider reaching out to SAP Support for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with transaction codes like OB08, OBD2, and SE11 (Data Dictionary) to investigate currency-related tables.
  Currency Tables: The relevant tables for currency information include T001 (Company Codes), TCURC (Currency Codes), and TCURR (Exchange Rates).
  Documentation: Review SAP documentation related to currency management in the Financial Accounting module for more detailed guidance.
  
  By following these steps, you should be able to identify the cause of the ICC-FI462 error and implement a solution to resolve it.