Errors in running Payroll

[Former Member]

Hi expert!

When I run payroll. It display the error with message "Error while deriving the currency from table T001. Error during initialization of payroll".

Help me!

Regards Huy!

[Former Member · Accepted solution]

Currencies have created lot of problems for consultants. It really demands very high attention and careful configuration in all the required tables/views. Other wise pay roll will have lot errors and will be very hard to solve.

First of all check your Company code creation process, and check whether you have assigned valid currency code to your company code. You can check it by transaction SM30 and table V_T001.

Check table V_001_B an entry will automatically come in this table. If at this stage there is no entry in it. Leave it and go ahead.

V_T510F_B (Assign Pay Scale --> Currency), use transaction SM30 and maintain this table. After entering V_T510F_B you can Press customizing button it will take you the respective IMG path as well. Default the currency as per pays Scale type and Pay scale area.

I hope this will resolve your issue.

[Former Member · Accepted solution]

Have you checked the tables V_T001 and V_T510F_B,

Are you still having same error???

[Former Member · Accepted solution]

Hi Experts!

I used Tcode OE00 but when I created a new record then I can't save the record.

Why?

It inform "Do not perform a euro changeover here" and "A maximum of Entries are allowed for each country in table T5C00".

Help me.

Regards Huy!

[sikindar_a · Accepted solution]

is it waring message right

[Former Member · Accepted solution]

Dear you!

Therefor it is waring message, But after I don't save the record.

Help me to save the record that is created by me.

Regards Huy!

[Former Member]

close the question

[Former Member]

Check the following tables as well;

- T500W (Valid Country Currencies)

- T500C (Currency for Public Service Sector) Note: You can only change this table by using transaction code OE00.

- T001P

- V_T511P (The values of Maximum Bank Transfer and Minimum Bank Transfer must have the same currency that you are using locally) In Crcy column enter your local currency rather than Euro.

I hope this will resolve your issue now.

[Former Member]

Delete It0008 for that employee.. create it once again and then run payroll.

[Former Member]

Hi,

Please maintain V_T001 currency is missing for your company code.

Go to t/s SM30 and maintain V_T001.

Please feel free for further discussion.

Thanks,

Ankur.

[Former Member]

Dear Experts!

I try to do that you help me but It still have the error.

Help me.

Regards Huy!

[sikindar_a]

Once Again reconfirm

are u getting this error for one employee or for all the employees

[sikindar_a]

Possibility of the Error

1. u have missed to group ur company code with ur PA in V_T001P

2.while maintiaing the master data u have assigned wrong Currency

3.Check the NUMKR Feature once

4.check assigment of ur Currency in V_T510F_B as said by our guru