How To Fix CKPRCH042 - Currency &1 does not correspond to expected currency, &3, for C+V type &2

SAP Error Message - Details

• Message type: E = Error

• Message class: CKPRCH - Message for price changes

• Message number: 042

• Message text: Currency &1 does not correspond to expected currency, &3, for C+V type &2

What causes this issue?

A specific currency has been entered for the currency type and
valuation type you entered. The system expects this currency when a
price change occurs with this type.
The currency that was entered for this currency and valuation type is
not the currency that was expected.

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?

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message CKPRCH042 - Currency &1 does not correspond to expected currency, &3, for C+V type &2 ?

  The SAP error message CKPRCH042 indicates a currency mismatch in the context of pricing or valuation in the SAP system. This error typically arises when the currency of a document or transaction does not match the expected currency defined in the system for a particular type of transaction or valuation.
  Cause:
  
  Currency Mismatch: The currency of the document (e.g., purchase order, invoice) does not match the expected currency for the material or valuation type.
  Configuration Issues: The configuration settings for the material master, pricing conditions, or valuation classes may not be aligned with the currency settings.
  Master Data Issues: The currency settings in the material master or vendor master may not be consistent with the transaction currency.
  Transaction Type: The type of transaction (C+V type) may have specific currency requirements that are not being met.
  
  Solution:
  
  Check Document Currency: Verify the currency used in the document that triggered the error. Ensure it matches the expected currency for the transaction.
  Review Material Master Data: Check the material master record for the currency settings. Ensure that the currency defined in the material master aligns with the currency used in the transaction.
  Vendor Master Data: If the transaction involves a vendor, check the vendor master data for currency settings. Ensure that the vendor's currency matches the expected currency for the transaction.
  Configuration Settings: Review the configuration settings in the SAP system for pricing and valuation. Ensure that the currency settings for the relevant valuation classes and pricing conditions are correctly defined.
  Transaction Type Configuration: Check the configuration for the specific transaction type (C+V type) to ensure that it is set up to accept the currency being used.
  Currency Conversion: If necessary, consider using currency conversion to align the currencies, but ensure that this is in line with business processes and policies.
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes like MM03 (Display Material), MK03 (Display Vendor), or OB08 (Maintain Exchange Rates) to check and update the relevant data.
  SAP Notes: Check for any relevant SAP Notes that may address known issues or provide additional guidance on handling currency-related errors.
  Documentation: Refer to SAP documentation for detailed information on currency settings, material master data, and pricing conditions.
  
  By following these steps, you should be able to identify the cause of the CKPRCH042 error and implement the necessary solutions to resolve it.