How To Fix IK003 - No currency specified for cost display

SAP Error Message - Details

• Message type: E = Error

• Message class: IK - Messages for Maintenance and Display of Costs in PM Order

• Message number: 003

• Message text: No currency specified for cost display

What causes this issue?

There are two possible cases here:
No currency could be determined for any of the orders (i.e. the object
currency does not exist).
No currency exists for the controlling area.

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?

INCLUDE NA_SYS OBJECT DOKU ID TX LANGUAGE E

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message IK003 - No currency specified for cost display ?

  The SAP error message IK003: No currency specified for cost display typically occurs in the context of cost analysis or reporting in the SAP system, particularly when dealing with cost centers, internal orders, or other cost-related transactions. This error indicates that the system is unable to determine the currency in which to display costs, which can hinder financial reporting and analysis.
  Causes:
  
  Missing Currency Configuration: The currency settings for the relevant cost object (e.g., cost center, internal order) may not be properly configured.
  Master Data Issues: The master data for the cost object may not have a currency assigned, or the currency may not be maintained correctly.
  Transaction Settings: The transaction or report being executed may not have the necessary parameters set to define the currency.
  User Profile Settings: The user profile may not have a default currency set, which can lead to this error when trying to display costs.
  
  Solutions:
  
  
  Check Master Data:
  
  Navigate to the relevant