How To Fix K5079 - Different object currencies exist in company code &2

SAP Error Message - Details

• Message type: E = Error

• Message class: K5 - CO Reconciliation Ledger

• Message number: 079

• Message text: Different object currencies exist in company code &2

What causes this issue?

Company code &V2& has company code currency &V1&.

System Response

However, object currency &V3& was calculated for account assignment
object &V4& of company code &V2&. Totaling amounts in object currency
is therefore not useful.

How to fix this error?

Check whether the correct object currency has been entered in the
master data of account assignment object &V4&.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message K5079 - Different object currencies exist in company code &2 ?

  The SAP error message K5079 indicates that there are different object currencies in the company code specified. This typically occurs when you are trying to post a transaction that involves multiple currencies, and the system detects a mismatch in the currency settings for the objects involved (e.g., cost centers, internal orders, etc.).
  Cause:
  
  Different Currencies: The primary cause of this error is that the objects (like cost centers or internal orders) involved in the transaction are set up with different currencies. For example, one object may be in USD while another is in EUR.
  Configuration Issues: There may be configuration issues in the controlling area or company code settings that allow for different currencies to be assigned to different objects.
  Transaction Type: The type of transaction being processed may not support multiple currencies.
  
  Solution:
  
  
  Check Object Currencies: Verify the currency settings for the objects involved in the transaction. Ensure that they are consistent. You can do this by checking the master data for the cost centers, internal orders, or any other objects involved.
  
  Use transaction codes like KS03 (Display Cost Center) or KO03 (Display Internal Order) to check the currency settings.
  
  
  
  Adjust Currency Settings: If you find that the currencies are different, you may need to adjust the settings:
  
  Change the currency of one of the objects to match the other.
  If necessary, consult with your finance or controlling team to determine the appropriate currency to use.
  
  
  
  Review Configuration: If the issue persists, review the configuration settings in the controlling area and company code to ensure that they are set up correctly to handle transactions involving multiple currencies.
  
  Check the settings in transaction OKKP (Controlling Area) and ensure that the currency settings are appropriate.
  
  
  
  Consult Documentation: Refer to SAP documentation or help resources for more detailed guidance on handling currency issues in your specific version of SAP.
  
  
  Testing: After making changes, perform a test transaction to ensure that the error does not occur again.
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes for checking and adjusting master data and configuration settings.
  SAP Notes: Check SAP Notes for any known issues or patches related to currency handling in your version of SAP.
  User Roles: Ensure that you have the necessary authorizations to view and modify the settings related to cost centers and internal orders.
  
  If the problem continues after following these steps, it may be beneficial to consult with your SAP support team or a consultant who specializes in SAP FI/CO (Financial Accounting/Controlling) for further assistance.