How To Fix 1F043 - New hierarchy has currency &1, template hierarchy has currency &2

SAP Error Message - Details

• Message type: E = Error

• Message class: 1F - BKK: Beziehungen

• Message number: 043

• Message text: New hierarchy has currency &1, template hierarchy has currency &2

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message 1F043 - New hierarchy has currency &1, template hierarchy has currency &2 ?

  The SAP error message 1F043 indicates a currency mismatch between a new hierarchy and a template hierarchy. Specifically, it means that the new hierarchy you are trying to create or modify has a different currency than the one defined in the template hierarchy.
  Cause:
  
  The new hierarchy you are attempting to create or use is set up with a currency (denoted as &1) that does not match the currency of the template hierarchy (denoted as &2).
  This situation often arises when you are working with financial data, such as cost centers, profit centers, or other financial hierarchies, where currency consistency is crucial.
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Currency Settings:
  
  Verify the currency settings of both the new hierarchy and the template hierarchy. Ensure that they are set to the same currency.
  
  
  
  Modify the New Hierarchy:
  
  If the new hierarchy is incorrectly set up with a different currency, you may need to change its currency to match the template hierarchy.
  
  
  
  Adjust Template Hierarchy:
  
  If the new hierarchy is correct and you need to use a different currency, consider adjusting the template hierarchy to accommodate the new currency.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources related to the specific module you are working with (e.g., Controlling, Financial Accounting) for additional guidance on currency settings.
  
  
  
  Check Configuration:
  
  If you have access to configuration settings, check the configuration for the relevant module to ensure that currency settings are correctly defined.
  
  
  
  Contact Support:
  
  If you are unable to resolve the issue, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Depending on the context, you may be using transaction codes like KSH1 (Create Cost Center) or KSH2 (Change Cost Center) when encountering this error.
  Currency Types: Be aware of the different types of currencies in SAP, such as company code currency, controlling area currency, and transaction currency.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional insights.
  
  By ensuring that the currencies are aligned between the new and template hierarchies, you should be able to resolve the error and proceed with your tasks in SAP.