How To Fix PX038 - Several currencies for country &1 (selected currency &2)

PX038 - Overview

• Message type: E = Error

• Message class: PX - HR-PA: Error messages for XPRAs

• Message number: 038

• Message text: Several currencies for country &1 (selected currency &2)

What causes this issue?

As of Release 3.1H, two new tables (T500C and T500W) are provided.
These contain values from table T001.
Several currencies for one country (&V1&) have been found in table T001
in the client being edited. In the new tables, country &V1& has the
first currency found (in alphabetical order).
All othr currencies found are listed in the log after this message.
Please check that the currency used here, &V2&, is correct for the
country, &V1&.
If necessary, change the entries using extended table maintenance
(transaction SM30).

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message PX038 - Several currencies for country &1 (selected currency &2) ?

  The SAP error message PX038 indicates that there are multiple currencies defined for a specific country in the system, which can lead to confusion or issues when processing transactions. This error typically arises in the context of financial transactions, where a specific currency is expected but multiple currencies are available for the specified country.
  
  Cause:
  
  Multiple Currencies Defined: The country specified in the error message has more than one currency assigned in the system. This can happen if the country supports multiple currencies (e.g., countries in the Eurozone or countries with a dual currency system).
  
  Configuration Issues: The configuration settings in the SAP system may not be set up correctly to handle multiple currencies for the specified country.
  Transaction Settings: The transaction or document being processed may not be set up to handle the selection of the appropriate currency.
  
  
  Solution:
  
  
  Check Currency Configuration:
  
  Go to the transaction code OB08 to check the exchange rates and currency settings