How To Fix VELO375 - No currency found for company code &1

SAP Error Message - Details

• Message type: E = Error

• Message class: VELO - Vehicle Management System

• Message number: 375

• Message text: No currency found for company code &1

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 VELO375 - No currency found for company code &1 ?

  The SAP error message VELO375 "No currency found for company code &1" typically occurs when the system cannot find a valid currency configuration for the specified company code in the relevant settings. This can happen in various scenarios, such as during the posting of transactions, when generating reports, or when executing certain financial operations.
  Cause:
  
  Missing Currency Configuration: The company code may not have a currency assigned in the configuration settings.
  Incorrect Company Code: The company code specified in the transaction may be incorrect or not properly set up.
  Currency Type Issues: The currency type (e.g., local currency, group currency) may not be defined for the company code.
  Data Migration Issues: If data has been migrated from another system, there may be inconsistencies or missing configurations.
  Inactive Company Code: The company code may be inactive or not properly configured in the system.
  
  Solution:
  
  
  Check Company Code Configuration:
  
  Go to the transaction code OBY6 (or navigate through the menu: SPRO > Financial Accounting > Financial Accounting Global Settings > Company Code > Edit, Copy, Delete, Check Company Code).
  Ensure that the company code in question has a valid currency assigned.
  
  
  
  Verify Currency Types:
  
  Check the currency types assigned to the company code. You can do this in the same configuration area or by using transaction code OB22 to see the currency types and their assignments.
  
  
  
  Review Transaction Data:
  
  Ensure that the transaction you are trying to execute is using the correct company code and that the data is complete.
  
  
  
  Check for Inactive Company Codes:
  
  Make sure that the company code is active and properly configured. If it has been marked for deletion or is inactive, you will need to reactivate it.
  
  
  
  Consult with SAP Support:
  
  If the issue persists after checking the above configurations, consider reaching out to SAP support for further assistance, especially if this is a production environment.
  
  
  
  Related Information:
  
  Transaction Codes: 
  
  OBY6: Company Code Configuration
  OB22: Currency Types Configuration
  OB08: Define Currencies
  
  
  Documentation: Refer to SAP Help documentation for detailed steps on configuring company codes and currencies.
  SAP Notes: Check for any relevant SAP Notes that might address specific issues related to currency configuration and error messages.
  
  By following these steps, you should be able to resolve the VELO375 error and ensure that your company code has the necessary currency configuration.