How To Fix UCFE268 - The currency key (for &1) does not exist

SAP Error Message - Details

• Message type: E = Error

• Message class: UCFE - Messages for Data Entry Layouts

• Message number: 268

• Message text: The currency key (for &1) does not exist

What causes this issue?

The currency key for &V1& does not exist. Monetary values cannot be
entered.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Supply the missing currency key for the entry of monetary values.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message UCFE268 - The currency key (for &1) does not exist ?

  The SAP error message UCFE268 indicates that the system is unable to find a currency key for a specified currency code (represented by &1 in the message). This typically occurs in scenarios where currency conversion or currency-related operations are being performed, such as in financial transactions, reporting, or data entry.
  Cause:
  
  Missing Currency Key: The specified currency code does not exist in the system's currency table (TCURC).
  Incorrect Currency Code: The currency code entered may be misspelled or incorrectly formatted.
  Configuration Issues: The currency may not be properly configured in the system, or it may have been deleted or not activated.
  Data Migration Issues: If data has been migrated from another system, the currency keys may not have been transferred correctly.
  
  Solution:
  
  Check Currency Code: Verify that the currency code you are using is correct. Ensure there are no typos or formatting issues.
  Maintain Currency in SAP:
  
  Go to transaction code OB08 (or use the menu path: SAP Easy Access > Accounting > Financial Accounting > General Ledger > Master Data > G/L Account > Edit G/L Account).
  Check if the currency code exists in the currency table (TCURC). If it does not exist, you may need to create it.
  
  
  Create/Update Currency:
  
  If the currency does not exist, you can create it by entering the currency code and relevant details.
  If the currency exists but is inactive, you may need to activate it.
  
  
  Check Configuration: Ensure that the currency is properly configured in the relevant financial settings, such as in company codes or controlling areas.
  Consult Documentation: If you are unsure about the currency codes or their configurations, refer to SAP documentation or consult with your SAP administrator or functional consultant.
  
  Related Information:
  
  Transaction Codes: 
  
  OB08: Maintain exchange rates and currency types.
  TCURC: Table for currency keys.
  
  
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to currency keys.
  User Authorization: Ensure that you have the necessary authorizations to view or 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 technical consultant for further investigation.