How To Fix R7618 - Fixed currency &1 does not exist in the system

SAP Error Message - Details

• Message type: E = Error

• Message class: R7 - BW: Data basis

• Message number: 618

• Message text: Fixed currency &1 does not exist in the system

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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message R7618 - Fixed currency &1 does not exist in the system ?

  The SAP error message R7618 indicates that a fixed currency specified in a transaction or configuration does not exist in the system. This error typically arises in the context of financial transactions, currency conversions, or when dealing with fixed assets.
  Cause:
  
  Missing Currency Configuration: The specified fixed currency has not been defined in the system. This could happen if the currency was never created or if it was deleted.
  Incorrect Currency Code: The currency code entered may be incorrect or misspelled.
  Master Data Issues: The master data for the relevant financial objects (like cost centers, profit centers, or fixed assets) may not be properly set up to include the specified currency.
  Client-Specific Settings: The currency might be defined in another client, but not in the current client you are working in.
  
  Solution:
  
  
  Check Currency Configuration:
  
  Go to the transaction code OB08 (or OBBS for specific currency settings) to check if the currency is defined in the system.
  If the currency is missing, you can create it by entering the currency code and its details.
  
  
  
  Verify Currency Code:
  
  Double-check the currency code used in the transaction or configuration to ensure it is correct and matches the standard currency codes.
  
  
  
  Review Master Data:
  
  Ensure that the relevant master data (like cost centers, profit centers, or fixed assets) is correctly set up to include the fixed currency. You may need to update the master data to include the correct currency.
  
  
  
  Client Settings:
  
  If you are working in a specific client, ensure that the currency is defined in that client. You may need to consult with your SAP Basis team to check if the currency exists in other clients and if it can be transported to the current client.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help files related to currency configuration and fixed assets to ensure that all necessary steps have been followed.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OB08 for currency settings, OBA5 for document types, and OBA7 for currency translation.
  SAP Notes: Check SAP Notes for any known issues or patches related to currency configuration that might be relevant to your version of SAP.
  User Roles and Authorizations: Ensure that you have the necessary authorizations to view and modify currency settings in the system.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a functional consultant who specializes in financial modules.