How To Fix TAN_TCC1038 - Conversion not possible; curve currency is &1 but market data is in &2

SAP Error Message - Details

• Message type: E = Error

• Message class: TAN_TCC1 - Commodity Curve Message Class

• Message number: 038

• Message text: Conversion not possible; curve currency is &1 but market data is in &2

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message TAN_TCC1038 - Conversion not possible; curve currency is &1 but market data is in &2 ?

  The SAP error message TAN_TCC1038 indicates that there is a currency mismatch between the curve currency and the market data currency. Specifically, the error message states that the curve currency is one type (denoted as &1) while the market data being used is in a different currency (denoted as &2). This situation typically arises in financial applications where interest rate curves or other financial instruments are being evaluated or processed.
  Cause:
  
  Currency Mismatch: The primary cause of this error is that the system is trying to use market data (e.g., interest rates, yield curves) that is denominated in a different currency than what is expected for the curve being used.
  Configuration Issues: There may be configuration issues in the system where the currency settings for the curve and the market data are not aligned.
  Data Entry Errors: Incorrect data entry or selection of market data that does not match the expected currency for the curve.
  
  Solution:
  
  Check Curve Configuration: Verify the configuration of the interest rate curve or financial instrument to ensure that the currency settings are correct. Make sure that the curve is set up for the correct currency.
  Review Market Data: Check the market data being used to ensure that it is in the correct currency. If the market data is in a different currency, you may need to either convert it to the correct currency or select the appropriate market data that matches the curve currency.
  Currency Conversion: If applicable, consider implementing a currency conversion process to convert the market data into the curve currency before processing.
  Data Consistency: Ensure that all relevant data entries are consistent in terms of currency. This includes checking any related financial instruments, transactions, or settings that may influence the currency being used.
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on handling currency-related issues in the context of the financial module you are working with.
  
  Related Information:
  
  Transaction Codes: Depending on the context, you may need to use specific transaction codes to access the relevant configuration settings or data (e.g., transaction codes for managing interest rate curves or market data).
  SAP Notes: Check for any SAP Notes related to this error message, as they may provide additional insights or patches that address known issues.
  Support: If the issue persists after checking the above points, consider reaching out to SAP support or your internal SAP team for further assistance.
  
  By addressing the currency mismatch and ensuring that both the curve and market data are aligned, you should be able to resolve the TAN_TCC1038 error.