How To Fix WGDS_COMMON005 - The currency iso code (&1) is not valid.

SAP Error Message - Details

• Message type: E = Error

• Message class: WGDS_COMMON - WGDS Common messages

• Message number: 005

• Message text: The currency iso code (&1) is not valid.

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message WGDS_COMMON005 - The currency iso code (&1) is not valid. ?

  SAP Error Message:
  
  WGDS_COMMON005 – The currency iso code (&1) is not valid.
  
  Cause:
  This error occurs when the system encounters a currency ISO code that is not recognized or not defined in the SAP system. The placeholder &1 will be replaced by the actual currency code that caused the error.
  Common reasons include:  
  
  The currency code used in a transaction or master data is incorrect or mistyped.  
  The currency code is not maintained in the system's currency table (TCURC).  
  The currency code is obsolete or not activated in the system.  
  Integration or data transfer from external systems contains invalid currency codes.
  
  
  Solution:
  
  
  Check the Currency Code:
  
  Verify the currency code entered in the transaction or master data. Ensure it is a valid ISO currency code (e.g., USD, EUR, GBP).
  
  
  Maintain Currency in SAP:
  
  If the currency code is valid but not maintained in SAP, add it in the currency table:  
  
  Transaction code: OB08 (Exchange Rate Maintenance) or  
  Transaction code: TCURC (Currency Codes)  
  
  Here you can check if the currency exists and maintain it if necessary.
  
  
  Correct the Data:
  
  If the currency code is coming from an external system or interface, correct the source data to use valid currency codes.
  
  
  Check for Obsolete Currencies:
  
  Some currencies may have been replaced or are no longer valid (e.g., old currencies replaced by Euro). Ensure the currency code is current and valid.
  
  
  Transport and System Consistency:
  
  If the currency was recently added in a development system, ensure it has been transported to the production system.
  
  
  
  Related Information:
  
  Currency Table (TCURC): Contains all valid currency ISO codes recognized by SAP.  
  Exchange Rate Table (TCURR): Contains exchange rates for currencies maintained in TCURC.  
  ISO Currency Codes: SAP follows ISO 4217 standard for currency codes.  
  Transaction Codes:  
  
  OB08 – Maintain exchange rates and currencies  
  TCURC – Display/maintain currency codes  
  SE91 – Display message details (to see full text and parameters of WGDS_COMMON005)  
  
  
  
  
  Summary:
  The error WGDS_COMMON005 indicates an invalid or unrecognized currency ISO code in the system. To resolve it, verify and correct the currency code, maintain it in SAP if missing, and ensure data consistency across systems.
  
  If you need help with a specific transaction or scenario where this error occurs, please provide more details!