Error while deriving the currency from table T001P Error during initialization of payroll

He came across this error whilst tryng to run payroll
error:
Error while deriving the currency from table T001P
Error during initialization of payroll

Thanks to his mate who shared the below tables to check and fact of the matter was some entries was not maintained properly

Tables to check

V_T520M check this table and the respective currency needs to be
display from here.
here are 2-3 things u can check

check if there are any new PA & PSA that are created and not assigned to any company

check if the company code which is refered to has proper currency maintained.

also check if the country which you are doing config has proper currency maintained.




V_T500P

V_T510F_B

OE00-TCD

T500W


also refer to this http://forums.sdn.sap.com/thread.jspa?threadID=1703629