How To Fix MV012 - Currency key & not defined

SAP Error Message - Details

• Message type: E = Error

• Message class: MV - Messages for Transfer of Partly Open Purchase Orders

• Message number: 012

• Message text: Currency key & not defined

What causes this issue?

The currency key &V1& is not defined.

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?

Check the currency key in Customizing.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message MV012 - Currency key & not defined ?

  The SAP error message MV012, which states "Currency key & not defined," typically occurs when the system encounters a currency code that is not recognized or defined in the system. This can happen in various scenarios, such as during the posting of financial documents, creating purchase orders, or processing invoices.
  Cause:
  
  Undefined Currency: The currency code being used in the transaction is not defined in the system.
  Configuration Issues: The currency may not be properly configured in the relevant settings, such as in the currency table (TCURC).
  Missing Exchange Rate: If the currency is defined but there is no exchange rate available for the transaction date, it can lead to this error.
  Data Entry Error: A typo or incorrect currency code may have been entered during the transaction.
  
  Solution:
  
  
  Check Currency Definition:
  
  Go to transaction code OB08 to check if the currency is defined in the system.
  If the currency is not listed, you will need to define it.
  
  
  
  Define Currency:
  
  If the currency is missing, you can add it by using transaction code OB08 and entering the currency code along with its description.
  
  
  
  Check Exchange Rates:
  
  Ensure that there are valid exchange rates for the currency in question. You can check this in transaction code OB08 as well.
  If necessary, enter the appropriate exchange rates for the currency.
  
  
  
  Review Configuration:
  
  Check the configuration settings in the relevant modules (e.g., FI, MM) to ensure that the currency is properly set up for transactions.
  
  
  
  Data Entry Verification:
  
  Review the transaction data to ensure that the currency code has been entered correctly without any typos.
  
  
  
  Consult Documentation:
  
  If you are unsure about the currency codes or their definitions, refer to SAP documentation or consult with your SAP administrator.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  OB08: Maintain exchange rates.
  TCURC: Currency table.
  
  
  
  SAP Notes: Check SAP Notes for any specific issues related to currency handling in your version of SAP.
  
  
  User Roles: Ensure that you have the necessary authorizations to make changes to currency definitions and exchange rates.
  
  
  By following these steps, you should be able to resolve the MV012 error and ensure that the currency in question is properly defined and configured in your SAP system.