How To Fix BP402 - Transaction currency is copied from the CO area currency

SAP Error Message - Details

• Message type: E = Error

• Message class: BP - Budgeting and planning

• Message number: 402

• Message text: Transaction currency is copied from the CO area currency

What causes this issue?

In the budget profile, you have chosen to budget "user-selected
currency", but have not entered a transaction currency.

System Response

The system automatically determines the controlling area currency and
chooses it as the transaction currency.

How to fix this error?

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message BP402 - Transaction currency is copied from the CO area currency ?

  The SAP error message BP402, which states "Transaction currency is copied from the CO area currency," typically occurs in the context of Business Partner (BP) or when dealing with financial transactions in SAP. This error indicates that there is a mismatch or an issue with the currency settings in the system, particularly between the controlling (CO) area and the transaction currency.
  Cause:
  
  Currency Configuration: The error often arises when the transaction currency is not properly defined or is set to be the same as the controlling area currency. This can happen if the Business Partner or the relevant financial document is configured incorrectly.
  Inconsistent Settings: There may be inconsistencies in the currency settings between the master data (like Business Partner) and the controlling area.
  Missing Configuration: The system may not have the necessary configuration to allow for the transaction currency to differ from the CO area currency.
  
  Solution:
  
  
  Check Business Partner Settings: 
  
  Go to the Business Partner transaction (BP) and check the currency settings. Ensure that the transaction currency is correctly defined and is not inadvertently set to the CO area currency.
  
  
  
  Review CO Area Configuration:
  
  Navigate to the controlling area settings in the SAP system and verify the currency settings. Ensure that the controlling area currency is set correctly and that it aligns with the intended transaction currency.
  
  
  
  Adjust Transaction Currency:
  
  If the transaction currency needs to be different from the CO area currency, you may need to adjust the settings in the relevant financial documents or master data to reflect this.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources for specific guidance on configuring currencies in your version of SAP, as the steps may vary slightly depending on the version and modules in use.
  
  
  
  Check for Updates or Notes:
  
  Sometimes, SAP releases notes or updates that address specific issues. Check the SAP Support Portal for any relevant notes related to error BP402.
  
  
  
  Testing:
  
  After making changes, perform tests to ensure that the error no longer occurs and that transactions can be processed as expected.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with transaction codes like BP (Business Partner), OX19 (for controlling area settings), and others that may be relevant to your configuration.
  SAP Notes: Search for SAP Notes related to currency configuration and error messages for additional troubleshooting steps.
  User Roles and Authorizations: Ensure that the user has the necessary authorizations to make changes to currency settings in the system.
  
  If the issue persists after following these steps, it may be beneficial to consult with an SAP functional consultant or your organization's SAP support team for further assistance.