How To Fix IDCN347 - Currency &1 is invalid

SAP Error Message - Details

• Message type: E = Error

• Message class: IDCN -

• Message number: 347

• Message text: Currency &1 is invalid

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 IDCN347 - Currency &1 is invalid ?

  The SAP error message IDCN347, which states "Currency &1 is invalid," typically occurs when there is an issue with the currency code being used in a transaction or configuration. Here are some potential causes, solutions, and related information for this error:
  Causes:
  
  Invalid Currency Code: The currency code entered may not be recognized by the system. This could be due to a typo or using a currency that is not defined in the system.
  Currency Not Active: The currency might not be active in the system settings. For example, it may not be included in the list of currencies for a specific company code or controlling area.
  Missing Currency Configuration: The currency may not be properly configured in the system, such as missing exchange rates or not being assigned to the relevant company code.
  Transaction Context: The error may arise in specific transactions where certain currencies are not allowed or supported.
  
  Solutions:
  
  Check Currency Code: Verify that the currency code entered is correct. Ensure there are no typographical errors.
  Activate Currency: If the currency is valid but not active, you may need to activate it in the system. This can typically be done in the configuration settings under the relevant financial module (e.g., FI, CO).
  Configure Currency Settings: Ensure that the currency is properly configured in the system. This includes checking the following:
  
  The currency is assigned to the relevant company code.
  Exchange rates are maintained for the currency.
  
  
  Review Transaction Settings: If the error occurs in a specific transaction, review the transaction settings to ensure that the currency is allowed for that transaction type.
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on currency configuration and management.
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes like OB22 (for maintaining exchange rates) or OX15 (for company code settings) to check and modify currency settings.
  SAP Notes: Check SAP Notes for any known issues or patches related to currency handling in your version of SAP.
  User Authorizations: Ensure that you have the necessary authorizations to make changes to currency settings in the system.
  
  If the issue persists after checking these areas, it may be beneficial to consult with your SAP support team or a functional consultant who specializes in financial modules.