How To Fix MM357 - No currency code could be determined for the valuation area &1

MM357 - Overview

• Message type: E = Error

• Message class: MM - Messages for material master maintenance and Customizing

• Message number: 357

• Message text: No currency code could be determined for the valuation area &1

What causes this issue?

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

System Response

How to fix this error?

Ask your system administrator to check whether the currency code is
maintained for the company code assigned to the valuation area &V1&.

Procedure for System Administrators

You do this in Customizing for <LS>Enterprise Structure</> in the
activity <DS:SIMG.SIMG_CFMENUSAPCOX02>Define, Copy, Delete, Check
Company Code</>.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message MM357 - No currency code could be determined for the valuation area &1 ?

  The SAP error message MM357 "No currency code could be determined for the valuation area &1" typically occurs in the Materials Management (MM) module when the system is unable to find a valid currency code for a specific valuation area during a transaction. This can happen in various scenarios, such as during goods movements, inventory valuation, or when creating purchase orders.
  Causes:
  
  Missing Configuration: The valuation area may not have a currency code assigned in the configuration settings.
  Incorrect Master Data: The material master or the plant master data may not have the correct currency settings.
  Valuation Area Issues: The valuation area might not be properly defined or linked to the company code.
  Currency Type Issues: The currency type used in the transaction may not be defined or may not match the expected currency type for the valuation area.
  Company Code Settings: The company code may not have a currency defined, or the currency settings may