How To Fix BP408 - Transaction currency &1 is not equal to object curr. &2 for the receiver

BP408 - Overview

• Message type: E = Error

• Message class: BP - Budgeting and planning

• Message number: 408

• Message text: Transaction currency &1 is not equal to object curr. &2 for the receiver

What causes this issue?

You selected "user-selected currency" as the budgeting currency for the
sender in the budget profile. The receiver has "object currency" as
budgeting currency.
Transaction currency &V1& you selected differs from object currency
&V2& for the receiver.

System Response

You cannot execute the function.

How to fix this error?

Choose &V2& as the transaction currency.

Error message extract from SAP system. Copyright SAP SE.

BP408 - Details

• The SAP error message BP408 indicates a mismatch between the transaction currency and the object currency in a business process. This error typically arises in scenarios involving financial transactions, such as when processing invoices, payments, or other financial documents.
  
  Cause:
  The error occurs when the transaction currency (the currency in which the transaction is being recorded) does not match the object currency (the currency associated with the object, such as a vendor, customer, or internal order). This can happen due to several reasons, including:
  
  Currency Configuration: The currency settings for the business partner or the object may not be correctly configured.
  Transaction Entry: The user may have entered a transaction in a currency that is not supported for the specific object.
  Master Data Issues: The master data for the business partner or the object may have inconsistencies in currency settings.
  Currency Conversion: If there are currency conversion settings in place, they may not be applied correctly.
  
  
  Solution:
  To