How To Fix 1K705 - Bank Area &1 Acct &2 Cert.No &3:Error while converting &4 to Euro

SAP Error Message - Details

• Message type: E = Error

• Message class: 1K - BCA: Account Type

• Message number: 705

• Message text: Bank Area &1 Acct &2 Cert.No &3:Error while converting &4 to Euro

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message 1K705 - Bank Area &1 Acct &2 Cert.No &3:Error while converting &4 to Euro ?

  The SAP error message 1K705 indicates that there is an issue with converting a currency amount to Euro in the context of a specific bank area and account. This error typically arises during financial transactions or when processing bank statements, particularly when dealing with foreign currency transactions.
  Cause:
  The error can be caused by several factors, including:
  
  Currency Conversion Issues: The system may not have the correct exchange rate for the currency being converted to Euro.
  Missing or Incorrect Configuration: The currency conversion settings in the SAP system may not be properly configured, or the necessary exchange rate types may be missing.
  Data Entry Errors: There may be incorrect or invalid data in the fields related to the bank area, account, or certificate number.
  Currency Type Not Supported: The currency being converted may not be supported for conversion to Euro in the system.
  Technical Issues: There could be underlying technical issues, such as problems with the database or the application server.
  
  Solution:
  To resolve the error, you can take the following steps:
  
  
  Check Exchange Rates:
  
  Go to the transaction code OB08 to check if the exchange rates for the relevant currencies are maintained correctly.
  Ensure that the exchange rate type used for the conversion is valid and up to date.
  
  
  
  Review Configuration:
  
  Verify the configuration settings for currency conversion in the SAP system. This includes checking the settings in the Financial Accounting (FI) module.
  Ensure that the bank area and account are correctly set up in the system.
  
  
  
  Validate Data:
  
  Check the data entered for the bank area, account, and certificate number to ensure there are no typos or incorrect entries.
  Make sure that the currency being converted is valid and recognized by the system.
  
  
  
  Test with Different Data:
  
  If possible, try to replicate the issue with different data to see if the problem persists. This can help identify if the issue is data-specific.
  
  
  
  Consult SAP Notes:
  
  Search for relevant SAP Notes in the SAP Support Portal that may address this specific error message. There may be patches or updates available that resolve known issues.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the above points, consider reaching out to SAP Support for further assistance. Provide them with the error message details and any relevant transaction logs.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OB08 (Maintain Exchange Rates), FB03 (Display Document), and FBL1N (Vendor Line Item Display) for troubleshooting.
  Documentation: Review SAP documentation related to currency conversion and financial transactions for additional insights.
  User Forums: Check SAP community forums or user groups for similar issues and solutions shared by other users.
  
  By following these steps, you should be able to identify and resolve the cause of the SAP error message 1K705.