How To Fix KG388 - Company code currency is not active

SAP Error Message - Details

• Message type: E = Error

• Message class: KG - CO-PA Planning

• Message number: 388

• Message text: Company code currency is not active

What causes this issue?

Plan version &V1& contains data in the currency type "Company code
currency". This currency type is not active in your operating concern.
Most likely, the company code currency was active at one point but has
since been deactivated.

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?

Use a different plan version.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message KG388 - Company code currency is not active ?

  The SAP error message KG388, which states "Company code currency is not active," typically occurs in the context of controlling (CO) or financial accounting (FI) when you are trying to perform a transaction that requires the company code currency to be active but it is not.
  Cause:
  
  Inactive Company Code Currency: The primary cause of this error is that the currency for the specified company code is not activated in the system. This can happen if the currency settings were not properly configured during the initial setup of the company code.
  Configuration Issues: There may be issues in the configuration settings related to the company code or the currency settings in the controlling area.
  Missing Currency Settings: The currency settings for the company code may not have been defined or may have been inadvertently changed.
  
  Solution:
  To resolve the KG388 error, you can follow these steps:
  
  
  Check Company Code Settings:
  
  Go to the transaction code OBY6 (or navigate through the menu: Financial Accounting > General Ledger > Master Data > G/L Account > Company Code Data).
  Verify that the company code is correctly set up and that the currency is defined.
  
  
  
  Activate Company Code Currency:
  
  If the currency is not active, you may need to activate it. This can typically be done in the configuration settings for the company code.
  Navigate to the configuration path: SPRO > Financial Accounting > Financial Accounting Global Settings > Currencies > Define Company Code Currency.
  Ensure that the currency for the company code is set to active.
  
  
  
  Check Controlling Area Settings:
  
  If the company code is linked to a controlling area, ensure that the controlling area settings are also correctly configured.
  Use transaction code OKKP to check the controlling area settings and ensure that the currency is correctly defined.
  
  
  
  Review Transaction Data:
  
  If the error occurs during a specific transaction, review the transaction data to ensure that it is being processed in the correct company code and currency.
  
  
  
  Consult Documentation:
  
  If you are unsure about the settings or need further assistance, consult the SAP documentation or reach out to your SAP support team for guidance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OBY6, OKKP, and others that pertain to company code and currency settings.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  User Roles and Authorizations: Ensure that you have the necessary authorizations to make changes to company code settings.
  
  By following these steps, you should be able to resolve the KG388 error and ensure that the company code currency is active for your transactions.