How To Fix MQ621 - No currency has been maintained for depreciation area &2 in comp.code &1

MQ621 - Overview

• Message type: E = Error

• Message class: MQ - Messages for Euro Changeover Package

• Message number: 621

• Message text: No currency has been maintained for depreciation area &2 in comp.code &1

What causes this issue?

When analyzing the company code-related depreciation area
specifications in table T093B, the system determined that no currency
has been defined for depreciation area &V2& and company code &V1&.

System Response

Valuation area &V2& is skipped.

How to fix this error?

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

Error message extract from SAP system. Copyright SAP SE.

MQ621 - Details

• The SAP error message MQ621 indicates that there is no currency maintained for a specific depreciation area in a given company code. This error typically arises in the Asset Accounting (FI-AA) module when trying to perform operations related to asset transactions, such as posting or reporting.
  
  Cause:
  The error occurs because the system requires a currency to be defined for the specified depreciation area in the specified company code. Each depreciation area can have its own currency settings, and if these are not configured, the system cannot process transactions related to that depreciation area.
  
  Solution:
  To resolve the error, you need to maintain the currency settings for the specified depreciation area in the company code. Here are the steps to do this:
  
  
  Access the Configuration:
  
  Go to the SAP Easy Access screen.
  Navigate to the following path: SPRO -> IMG -> Financial Accounting -> Asset Accounting -> Integration -> Define Depreciation Areas
  
  
  
  
  Select the Company Code:
  
  Choose the relevant