How To Fix PM274 - Enter valid currency code

SAP Error Message - Details

• Message type: E = Error

• Message class: PM - Extended Payment Functions

• Message number: 274

• Message text: Enter valid currency code

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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Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

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Smart SAP Assistant

• What is the cause and solution for SAP error message PM274 - Enter valid currency code ?

  The SAP error message PM274 "Enter valid currency code" typically occurs when a user attempts to enter a currency code in a transaction or field that does not recognize it as valid. This can happen in various modules, including Plant Maintenance (PM), Financial Accounting (FI), or others where currency codes are relevant.
  Causes:
  
  Invalid Currency Code: The currency code entered does not exist in the system or is misspelled.
  Inactive Currency: The currency code may exist but is not active or has been deactivated in the system.
  Configuration Issues: The currency code may not be properly configured in the system settings.
  User Authorization: The user may not have the necessary permissions to use certain currency codes.
  Transaction Context: The currency code may not be applicable in the context of the transaction being performed.
  
  Solutions:
  
  Check Currency Code: Verify that the currency code entered is correct. Common currency codes include USD (US Dollar), EUR (Euro), GBP (British Pound), etc.
  Use Transaction Code OB08: Go to transaction code OB08 to check the list of valid currencies. Ensure that the currency code you are trying to use is listed and active.
  Activate Currency: If the currency code is inactive, you may need to activate it. This typically requires access to configuration settings.
  Consult with SAP Administrator: If you are unsure about the validity of the currency code or how to activate it, consult with your SAP administrator or someone in your organization who manages SAP configurations.
  Check User Roles: Ensure that your user role has the necessary permissions to use the currency code in question.
  Review Transaction Context: Make sure that the currency code is appropriate for the specific transaction you are trying to execute.
  
  Related Information:
  
  Currency Configuration: Currency codes and their configurations can be managed in the SAP system under the Financial Accounting module. This includes settings for exchange rates and currency types.
  SAP Documentation: Refer to SAP Help documentation for detailed information on currency management and error handling.
  SAP Notes: Check SAP Notes for any known issues or patches related to currency codes and error PM274.
  
  If the issue persists after trying the above solutions, it may be beneficial to reach out to SAP support for further assistance.