How To Fix SIPT314 - Currency key of company code &1 is not EUR

SAP Error Message - Details

• Message type: E = Error

• Message class: SIPT - SIPT: Digital Signature Portugal

• Message number: 314

• Message text: Currency key of company code &1 is not EUR

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message SIPT314 - Currency key of company code &1 is not EUR ?

  The SAP error message SIPT314 indicates that there is an issue with the currency key for a specific company code. The message states that the currency key for the specified company code is not set to EUR (Euro), which is likely required for the transaction or process you are attempting to execute.
  Cause:
  
  Incorrect Company Code Configuration: The company code in question is configured to use a different currency instead of EUR.
  Transaction Requirements: The transaction you are trying to perform may specifically require the use of EUR as the currency.
  Master Data Issues: The master data for the company code or related entities (like customers or vendors) may not be set up correctly to use EUR.
  
  Solution:
  
  
  Check Company Code Currency:
  
  Go to the transaction code OBY6 (or navigate through the menu: SPRO > Financial Accounting > General Ledger > Master Data > Company Code > Define Company Code).
  Verify the currency assigned to the company code. If it is not EUR and it needs to be, you may need to change it. However, changing the currency of a company code can have significant implications and should be done with caution.
  
  
  
  Review Transaction Requirements:
  
  Check the specific transaction you are trying to execute to see if it mandates the use of EUR. If it does, you may need to adjust your approach or use a different company code that is configured for EUR.
  
  
  
  Adjust Master Data:
  
  If the issue is related to master data (like customer or vendor records), ensure that these records are set up to use EUR as the currency. You can check this in the respective master data transaction (e.g., XD02 for customers, MK02 for vendors).
  
  
  
  Consult with Finance Team:
  
  If you are unsure about making changes to the company code or master data, consult with your finance team or SAP administrator. They can provide guidance on the implications of changing currency settings.
  
  
  
  Testing:
  
  After making any changes, perform a test transaction to ensure that the error message no longer appears.
  
  
  
  Related Information:
  
  Currency Configuration: Understanding how currencies are configured in SAP is crucial. Currencies are defined at the company code level, and transactions may require specific currencies based on business rules.
  Multi-Currency Transactions: If your organization operates in multiple currencies, ensure that you have the necessary configurations in place to handle currency conversions and reporting.
  SAP Documentation: Refer to SAP Help documentation for detailed information on currency settings and related transactions.
  
  If the problem persists after checking these areas, it may be necessary to involve your SAP support team for further investigation.