How To Fix MQ324 - Currency not found for the org.unit (object &, fiscal year &)

SAP Error Message - Details

• Message type: E = Error

• Message class: MQ - Messages for Euro Changeover Package

• Message number: 324

• Message text: Currency not found for the org.unit (object &, fiscal year &)

What causes this issue?

The system attempted to determine the currency of the organizational
unit (such as controlling area or company code) to which object &V1& is
assigned.
For fiscal year &V2&, however, no valid entry was found in table EWUCOO
(CO object currencies).
Table EWUCOO was saved in the preprocessing phase.

System Response

The ledger numbers and value fields in ledger currency are not
converted in the budget tables with year-dependent values (BPJA, BPPE,
BPEJ, BPEP).

How to fix this error?

If this problem only occurs for individual objects, you should check
these objects. If necessary, you must assign an organizational unit
which is valid in fiscal year &V2& to object &V1&.
Filling table EWUCOO in the preprocessing phase must be repeated.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message MQ324 - Currency not found for the org.unit (object &, fiscal year &) ?

  The SAP error message MQ324 indicates that the system cannot find a currency for a specified organizational unit and fiscal year. This typically occurs in the context of financial transactions, reporting, or when trying to access data related to a specific organizational unit (like a company code or controlling area) for a given fiscal year.
  Cause:
  
  Missing Currency Configuration: The organizational unit (e.g., company code) may not have a currency defined in the system for the specified fiscal year.
  Incorrect Settings: The currency settings for the organizational unit may not be correctly configured in the system.
  Fiscal Year Variance: The fiscal year being referenced may not have been set up properly in the system, or it may not align with the currency settings.
  Data Migration Issues: If data was migrated from another system, there may have been issues in transferring currency settings.
  
  Solution:
  
  
  Check Currency Configuration:
  
  Go to the transaction code OB22 (for company code) or OKB9 (for controlling area) to check the currency settings.
  Ensure that the currency is defined for the relevant organizational unit and fiscal year.
  
  
  
  Define Currency:
  
  If the currency is missing, you can define it by creating or updating the settings for the organizational unit in the relevant configuration area.
  
  
  
  Review Fiscal Year Settings:
  
  Ensure that the fiscal year is correctly defined in the system. You can check this in the configuration settings for financial accounting.
  
  
  
  Check for Data Migration Issues:
  
  If the error occurred after a data migration, review the migration process to ensure that all necessary currency settings were transferred correctly.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific steps related to your version of SAP, as the navigation and transaction codes may vary.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the above points, consider reaching out to SAP support for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OB22, OKB9, and OB08 (for defining exchange rates).
  SAP Notes: Check SAP Notes for any known issues or patches related to currency configuration.
  User Roles: Ensure that you have the necessary permissions to view and modify currency settings in the system.
  
  By following these steps, you should be able to identify and resolve the MQ324 error in SAP.