How To Fix >U703 - Selection of currency not possible

SAP Error Message - Details

• Message type: E = Error

• Message class: >U -

• Message number: 703

• Message text: Selection of currency not possible

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 >U703 - Selection of currency not possible ?

  The SAP error message "U703 Selection of currency not possible" typically occurs when there is an issue with the currency settings in the system. This error can arise in various contexts, such as during the posting of financial documents, running reports, or executing transactions that involve currency selection.
  Causes:
  
  Currency Configuration Issues: The currency may not be properly configured in the system. This can happen if the currency is not defined in the relevant company code or if it is not allowed for the specific transaction.
  Missing Currency Translation: If the system requires a currency conversion and the necessary translation rates are not maintained, this error can occur.
  Incorrect Document Type: The document type being used may not support the currency being selected.
  User Authorizations: The user may not have the necessary authorizations to work with the selected currency.
  Inactive Currency: The currency may have been marked as inactive in the system settings.
  
  Solutions:
  
  
  Check Currency Configuration:
  
  Go to the transaction code OB08 to check the exchange rates and ensure that the currency is properly defined.
  Verify that the currency is active and configured for the relevant company code.
  
  
  
  Review Document Type Settings:
  
  Check the document type settings in the configuration (transaction code OBA7) to ensure that the document type allows the currency in question.
  
  
  
  Maintain Currency Translation:
  
  If currency conversion is required, ensure that the necessary exchange rates are maintained in the system.
  
  
  
  User Authorizations:
  
  Verify that the user has the necessary authorizations to work with the selected currency. This can be checked in the user roles and profiles.
  
  
  
  Check for Inactive Currencies:
  
  Ensure that the currency is not marked as inactive in the system. This can be checked in the currency settings.
  
  
  
  Consult SAP Notes:
  
  Check for any relevant SAP Notes that may address this specific error message. SAP Notes can provide patches or additional guidance for known issues.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OB08 (Maintain Exchange Rates), OBA7 (Document Type Configuration), and OBY6 (Define Currencies).
  SAP Help Portal: Utilize the SAP Help Portal for documentation related to currency configuration and error messages.
  SAP Community: Engage with the SAP Community forums for insights and solutions shared by other users who may have encountered similar issues.
  
  If the problem persists after checking these areas, it may be beneficial to consult with your SAP support team or a technical consultant for further investigation.