How To Fix BP418 - Changes to the budgeting currency affect already budgeted objects

SAP Error Message - Details

• Message type: E = Error

• Message class: BP - Budgeting and planning

• Message number: 418

• Message text: Changes to the budgeting currency affect already budgeted objects

What causes this issue?

You have changed the budgeting currency from "Controlling area
currency" to "Object currency" or "user-selected currency". This change
affects orders or projects that have already been budgeted.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Check whether the change affects orders or projects created before
4.0A. If this is the case, you are not allowed to change the budgeting
currency. Your budget values in the object currency are otherwise not
displayed correctly.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message BP418 - Changes to the budgeting currency affect already budgeted objects ?

  The SAP error message BP418 indicates that there are changes being made to the budgeting currency that will impact already budgeted objects. This typically occurs in the context of budget management within SAP, particularly when dealing with budget planning and execution in modules like SAP Controlling (CO) or SAP Public Sector Management (PSM).
  
  Cause:
  The error arises when:
  
  Currency Change: A user attempts to change the budgeting currency for a budget that has already been established. This can happen if the organization decides to switch from one currency to another (e.g., from USD to EUR).
  Existing Budgets: There are already budgeted amounts in the system that were created using the previous currency. Changing the currency can lead to inconsistencies in financial reporting and budget tracking.
  
  Configuration Issues: The system may not be configured to handle currency changes for existing budgets, leading to potential discrepancies in financial data.
  
  
  Solution:
  To resolve the BP418 error, consider the following steps:
  
  Review