How To Fix LM097 - No currency found for the company code or client

SAP Error Message - Details

• Message type: E = Error

• Message class: LM - Treasury: Limit Management

• Message number: 097

• Message text: No currency found for the company code or client

What causes this issue?

You attempted to create a new limit, but the system was unable to find
a currency for company code &V1& or for client &V2&.

System Response

The system was unable to update the limit utilizations.

How to fix this error?

Maintain the currency for company code &V1& and for client &V2&.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message LM097 - No currency found for the company code or client ?

  The SAP error message LM097 ("No currency found for the company code or client") typically occurs when the system is unable to find a valid currency configuration for a specific company code or client. This can happen in various scenarios, such as during financial transactions, reporting, or when trying to post documents.
  Causes:
  
  Missing Currency Configuration: The company code may not have a currency assigned to it in the configuration settings.
  Incorrect Company Code: The company code being used may not be correctly set up or may not exist in the system.
  Client Settings: The client settings may not have the necessary currency information configured.
  Data Migration Issues: If data has been migrated from another system, there may be inconsistencies or missing data related to currency settings.
  Inactive Company Code: The company code might be inactive or not properly configured in the system.
  
  Solutions:
  
  
  Check Company Code Configuration:
  
  Go to the transaction code OBY6 (or SPRO -> Financial Accounting -> General Settings -> Define Company Code) and verify that the company code has a currency assigned.
  Ensure that the currency is correctly set up and active.
  
  
  
  Verify Client Settings:
  
  Check the client settings in transaction code OB22 (or SPRO -> Financial Accounting -> General Settings -> Define Global Parameters for Company Code) to ensure that the currency is defined at the client level.
  
  
  
  Review Master Data:
  
  Ensure that the master data (such as vendor or customer records) associated with the company code has the correct currency settings.
  
  
  
  Check for Inactive Company Codes:
  
  Ensure that the company code is active and not marked for deletion.
  
  
  
  Consult with SAP Support:
  
  If the issue persists after checking the above configurations, consider reaching out to SAP support for further assistance, especially if this is a production environment.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OBY6, OB22, and SPRO for configuration checks.
  Documentation: Review SAP documentation or help files related to currency configuration and company code settings.
  Testing: After making changes, perform tests to ensure that the error does not reoccur and that transactions can be processed without issues.
  
  By following these steps, you should be able to identify and resolve the LM097 error in SAP.