How To Fix PM299 - First selected currency code reached

SAP Error Message - Details

• Message type: E = Error

• Message class: PM - Extended Payment Functions

• Message number: 299

• Message text: First selected currency code reached

What causes this issue?

The planning closing balances are displayed for each company code and
currency after closing the optimization, in other words a new company
code or new currency always begins on a new page. The number of
currency codes included in the optimization can be smaller than the
number entered on the selection screen. This is the case if not all
selected currency codes in account table TTRCD are maintained and no
payments for these currency codes are saved in the system. The currency
code displayed can be the first although currency codes were selected
on the selection dynpro that are smaller than the one displayed.

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?

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message PM299 - First selected currency code reached ?

  The SAP error message PM299, which states "First selected currency code reached," typically occurs in the context of financial transactions or reporting where multiple currencies are involved. This error indicates that the system has encountered a situation where it cannot process a transaction or report due to the currency settings.
  Cause:
  
  Currency Configuration: The error often arises when the system is configured to handle multiple currencies, but the transaction or report is trying to use a currency that is not properly set up or is not allowed in the current context.
  Currency Conversion Issues: If there are issues with currency conversion rates or if the currency is not defined in the system, this error can occur.
  Transaction Type Restrictions: Certain transaction types may only allow specific currencies, and if the selected currency does not match the allowed currencies for that transaction type, the error will be triggered.
  
  Solution:
  
  Check Currency Settings: Verify the currency settings in the relevant configuration. Ensure that the currency you are trying to use is correctly defined in the system.
  Review Transaction Type: Check the transaction type you are working with to ensure that it supports the currency you are trying to use. If necessary, switch to a supported currency.
  Currency Conversion Rates: Ensure that the currency conversion rates are maintained and up to date in the system. You can do this by navigating to the relevant transaction for maintaining exchange rates.
  User Authorizations: Ensure that the user has the necessary authorizations to perform transactions in the selected currency.
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance related to the transaction or report you are working with.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes that deal with currency settings, such as OB08 (for maintaining exchange rates) or OB22 (for defining currency types).
  SAP Notes: Check for any SAP Notes related to PM299 for additional insights or patches that may address the issue.
  Support: If the issue persists, consider reaching out to your SAP support team or consulting with SAP support for further assistance.
  
  By following these steps, you should be able to identify the root cause of the PM299 error and implement a solution to resolve it.