How To Fix BP404 - Currency settings in budget profile &1 are incorrect

BP404 - Overview

• Message type: E = Error

• Message class: BP - Budgeting and planning

• Message number: 404

• Message text: Currency settings in budget profile &1 are incorrect

What causes this issue?

You have changed the budgeting currency from the "CO area currency" or
"user-selected currency" to "object currency" in budget profile &V1&.
Earlier budget values were already entered in a currency differing from
the object currency.

System Response

The function cannot be executed.

How to fix this error?

Set the budgeting currency in budget profile &V1& to the setting used
originally.

Error message extract from SAP system. Copyright SAP SE.

BP404 - Details

• The SAP error message BP404 indicates that there is an issue with the currency settings in the budget profile specified in the message. This error typically arises when the currency settings in the budget profile do not match the expected configuration or when there are inconsistencies in the currency settings across different components of the budget profile.
  
  Cause:
  
  Incorrect Currency Configuration: The currency settings in the budget profile may not be correctly defined or may not match the currency used in the budget document.
  Missing Currency Assignment: The budget profile may not have a currency assigned to it, or the assigned currency may not be valid.
  Inconsistent Currency Settings: There may be inconsistencies between the currency settings in the budget profile and those in the related master data or transaction data.
  Cross-Company Code Issues: If the budget profile is used across different company codes, there may be discrepancies in currency settings between those company codes.
  
  
  Solution:
  
  
  Check