How To Fix UCM1001 - Currency &1 does not exist

UCM1001 - Overview

• Message type: E = Error

• Message class: UCM1 - Messages for Explicit Values Maintenance

• Message number: 001

• Message text: Currency &1 does not exist

What causes this issue?

&V1& is not a valid value for the characteristic <ZK>Currency</>.

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?

Use the input help to select a valid currency.

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 UCM1001 - Currency &1 does not exist ?

  The SAP error message UCM1001, which states "Currency &1 does not exist," typically occurs when the system is unable to recognize or find the specified currency code in its configuration. This can happen in various contexts, such as during transactions, reporting, or data entry.
  
  Cause:
  
  Invalid Currency Code: The currency code entered does not exist in the system. This could be due to a typo or using an outdated currency code.
  Currency Not Defined: The currency has not been defined in the system settings. This can happen if the currency was never set up or if it was removed.
  Missing Configuration: The currency might not be configured in the relevant company code or controlling area.
  Data Migration Issues: If data has been migrated from another system, there may be inconsistencies or missing currency definitions.
  
  
  Solution:
  
  Check Currency Code: Verify that the currency code entered is correct. Ensure there are no typos or incorrect characters.
  Define Currency: If the