How To Fix OILQU014 - &1 is not a valid currency

SAP Error Message - Details

• Message type: E = Error

• Message class: OILQU - Messages for Market Data: Maintenance Views for Commodities

• Message number: 014

• Message text: &1 is not a valid currency

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

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Smart SAP Assistant

• What is the cause and solution for SAP error message OILQU014 - &1 is not a valid currency ?

  The SAP error message OILQU014 indicates that the currency specified in a transaction or configuration is not recognized as a valid currency in the system. This can occur in various contexts, such as during the entry of financial transactions, configuration of master data, or when processing documents.
  Cause:
  
  Invalid Currency Code: The currency code entered may not exist in the system or may be misspelled.
  Currency Not Activated: The currency may not be activated in the system settings or may not be included in the relevant currency tables.
  Configuration Issues: There may be issues with the configuration of currency settings in the relevant modules (e.g., FI, CO).
  Master Data Issues: The currency may not be assigned to the relevant master data (e.g., vendor, customer, or material master).
  Transaction Context: The transaction being processed may not support the specified currency.
  
  Solution:
  
  Check Currency Code: Verify that the currency code entered is correct and exists in the system. You can check this in the transaction code OB08 (Maintain Exchange Rates) or TCURC (Currency Types).
  Activate Currency: If the currency is not activated, you may need to activate it in the system. This can typically be done in the configuration settings.
  Review Configuration: Check the configuration settings for the relevant module to ensure that the currency is properly set up. This may involve reviewing settings in the Financial Accounting (FI) or Controlling (CO) modules.
  Update Master Data: Ensure that the currency is assigned to the relevant master data records. For example, check vendor or customer master records to ensure they are set up with the correct currency.
  Consult Documentation: Review SAP documentation or help resources for any specific requirements related to the currency in the context of the transaction you are processing.
  
  Related Information:
  
  Transaction Codes: 
  
  OB08: Maintain Exchange Rates
  OB22: Define Currency Types
  OBA5: Define Document Types
  
  
  SAP Notes: Check for any relevant SAP Notes that may address known issues or provide additional guidance related to currency handling.
  User Authorization: Ensure that you have the necessary authorizations to make changes to currency settings or master data.
  
  If the issue persists after checking these areas, it may be beneficial to consult with your SAP support team or refer to SAP community forums for further assistance.