Error while deriving the currency from table T001P.

[Former Member]

Hi Friends,

I am trying to run payroll for NZ using schema NZ00 but i am getting an error stating "Error while deriving the currency from table T001P. Error during initialization of Payroll"

I have checked V_T001P, V_T001 and have deleted the personnel area and subarea and again created it but still i am unable to solve this problem.

Could you please help me as to where this error can be corrected.

Thanks,

Manj

[jayantvenkata · Accepted solution]

About the incidence, the problem might be related to the links between

personnel area, company code and currency set up (table T001P, T500P and

T001).

Please check the following points:

1- Have you assigned the Personnel area to the Company code under SPRO -

IMG -> Enterprise Structure -> Assignment -> Human Resource Management

-> Assignment of Personnel Area to Company Code.

2- SPRO -> Personnel Management -> Personnel Admin -> Basic Settings ->

Determine Currencies (Public Sector Currency Need to be maintained along

with the other node).

3- SPRO- Personnel Management -> Personnel Admin -> Payroll Data ->

Basic Pay -> Define Hourly Rates for several decimal places. (Please

maintain all the nodes).

4- Maintaining the table t500c through transaction code OE00.

Regards

Ramana

[Former Member · Accepted solution]

Hi Jayanti, Thanks. The problem is now solved. The entry was missing in T500C.

Thanks,

Manj

[Former Member · Accepted solution]

Hi Manj,

Im also facing the same issue. im too missing the entry in T500C.. i need to assign the currency here but T500C is only display mode... can you tel me how u assign this currency value in this table.

Regards,

din

[Former Member]

please check this EE's IT2001 and IT2006 all records

to looking for any incorrect begin and end date

[swapnil_takte]

Hi

Above two solutions are correct please go with it

[Former Member]

What is the currency assigned in V_T001.

Check V_T500P to with country grouping.

Arti