How To Fix UCM0047 - The data basis may not contain the local currency key

SAP Error Message - Details

• Message type: E = Error

• Message class: UCM0 - Messages for Data Basis, Cons Area, ...

• Message number: 047

• Message text: The data basis may not contain the local currency key

What causes this issue?

According to the role assignments, data basis &V1& contains the local
currency key figure &V2&. From a technical standpoint, the
characteristic &V3& is assigned to this key figure as the currency key.
However, treatment of the local currency key in the Consolidation
system is fully automatic. Therefore, the local currency key cannot be
explicitly assigned to the data basis.

System Response

Definition of data basis has an error and cannot be saved.

How to fix this error?

Remove the characteristic &V3& from the data basis if you want to track
the local currency in key figure &V2&.

Procedure for System Administrators

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

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message UCM0047 - The data basis may not contain the local currency key ?

  The SAP error message UCM0047 indicates that the data basis (usually a financial or controlling document) does not contain the local currency key. This error typically arises in the context of financial transactions or reporting where the system expects a local currency to be defined but cannot find it.
  Cause:
  
  Missing Local Currency Key: The local currency key is not defined in the relevant master data or configuration settings.
  Incorrect Configuration: The configuration for the company code or controlling area may not have been set up correctly to include a local currency.
  Data Migration Issues: If data has been migrated from another system, the local currency key may not have been transferred correctly.
  Transaction Type: The transaction being processed may not be compatible with the local currency settings.
  
  Solution:
  
  
  Check Company Code Settings:
  
  Go to the transaction code OBY6 (for company code settings) and ensure that the local currency is defined correctly for the company code in question.
  Verify that the currency key is set up and matches the expected local currency.
  
  
  
  Review Master Data:
  
  Check the master data for the relevant accounts (e.g., G/L accounts, customer/vendor accounts) to ensure that the local currency is specified.
  Use transaction codes like FS00 (for G/L accounts) to verify the currency settings.
  
  
  
  Configuration Review:
  
  Ensure that the controlling area is configured correctly with the appropriate local currency. You can check this in the configuration settings for controlling areas.
  Use transaction code OKKP to review the controlling area settings.
  
  
  
  Data Migration Check:
  
  If the error occurred after a data migration, review the migration process to ensure that all necessary currency keys were included.
  Validate the data in the target system to ensure completeness.
  
  
  
  Transaction Type Validation:
  
  Ensure that the transaction type being processed is compatible with the local currency settings. If necessary, consult the documentation for the specific transaction type.
  
  
  
  Related Information:
  
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message. You can search for UCM0047 in the SAP Support Portal.
  Documentation: Review SAP documentation related to currency settings, company code configuration, and financial transactions for more detailed guidance.
  Support: If the issue persists after checking the above points, consider reaching out to SAP support or your internal SAP support team for further assistance.
  
  By following these steps, you should be able to identify and resolve the cause of the UCM0047 error in your SAP system.