How To Fix TE085 - Unknown reference currency &

SAP Error Message - Details

• Message type: E = Error

• Message class: TE - Market Risk Management

• Message number: 085

• Message text: Unknown reference currency &

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.

Unfortunately, there isn't any extra information in this error notice.

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Smart SAP Assistant

• What is the cause and solution for SAP error message TE085 - Unknown reference currency & ?

  The SAP error message TE085 "Unknown reference currency &" typically occurs in the context of currency conversion or when dealing with financial transactions that involve multiple currencies. This error indicates that the system cannot find a reference currency that is required for processing a transaction or report.
  Cause:
  
  Missing Configuration: The reference currency may not be defined in the system. This can happen if the currency is not set up in the currency configuration settings.
  Incorrect Currency Code: The currency code being used may be incorrect or misspelled.
  Master Data Issues: The master data for the relevant financial objects (like customers, vendors, or materials) may not have the correct currency settings.
  Transaction Data Issues: The transaction data being processed may reference a currency that is not recognized by the system.
  
  Solution:
  
  
  Check Currency Configuration:
  
  Go to the transaction code OB08 to check the currency settings.
  Ensure that the reference currency is defined and correctly configured in the system.
  
  
  
  Verify Currency Codes:
  
  Double-check the currency code being used in the transaction or report. Ensure it is valid and correctly spelled.
  
  
  
  Review Master Data:
  
  Check the master data for the relevant entities (customers, vendors, etc.) to ensure that they have the correct currency settings.
  Use transaction codes like XD03 (for customers) or MK03 (for vendors) to review the data.
  
  
  
  Check Transaction Data:
  
  Review the transaction data that is causing the error. Ensure that all currency-related fields are populated correctly.
  
  
  
  Consult Documentation:
  
  If the issue persists, consult SAP documentation or support for further guidance on handling currency-related errors.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OB08 for currency settings, XD03 for customer data, and MK03 for vendor data.
  SAP Notes: Check SAP Notes for any known issues or patches related to currency handling in your version of SAP.
  User Roles and Authorizations: Ensure that you have the necessary authorizations to view and modify currency settings and master data.
  
  If the problem continues after following these steps, it may be beneficial to reach out to your SAP support team or consult with an SAP expert for further assistance.