How To Fix KF671 - Update of values in company code currency is not active

SAP Error Message - Details

• Message type: E = Error

• Message class: KF -

• Message number: 671

• Message text: Update of values in company code currency is not active

What causes this issue?

You would like to display the selected values in the company code
currency. In operating concern "&V1&", the attribute for updating
values in the company code currency has not been activated (see
<DS:TRAN.KEA0>Operating Concern Attributes</>) even though the
operating concern contains company codes supporting a currency that is
different than the operating concern currency. In these company codes,
Profitability Analysis values cannot be displayed in the company code
currency.

How to fix this error?

Ensure that the company codes corresponding to your selection criteria
are not of the sort described above. Alternatively, you can select the
currency type "controlling area currency".

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

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message KF671 - Update of values in company code currency is not active ?

  The SAP error message KF671: Update of values in company code currency is not active typically occurs in the context of financial reporting or when trying to post transactions that involve company code currency. This error indicates that the system is not set up to update values in the company code currency for the specific transaction or report you are trying to execute.
  Causes:
  
  Configuration Settings: The company code may not be configured to allow updates in the company code currency. This can happen if the relevant settings in the financial accounting module (FI) are not properly set.
  Transaction Type: The specific transaction type you are trying to execute may not support updates in company code currency.
  Document Type: The document type used for the transaction may not be configured to allow updates in the company code currency.
  Posting Period: The posting period may be closed, preventing updates to financial data.
  Currency Type: The currency type being used in the transaction may not be set up to allow updates in the company code currency.
  
  Solutions:
  
  
  Check Configuration:
  
  Go to the configuration settings in SAP (Transaction Code: SPRO).
  Navigate to Financial Accounting (FI) > General Ledger Accounting > Business Transactions > Document Splitting > Define Document Types and ensure that the document type allows updates in company code currency.
  Check the settings for the company code under Financial Accounting > Financial Accounting Global Settings > Company Code > Edit, Copy, Delete, Check Company Code to ensure that the currency settings are correct.
  
  
  
  Review Transaction Type:
  
  Ensure that the transaction type you are using is configured to allow updates in company code currency. This may involve checking the settings for the specific transaction in the configuration.
  
  
  
  Check Posting Period:
  
  Verify that the posting period is open. You can check this in the transaction code OB52 (Open and Close Posting Periods).
  
  
  
  Currency Type Settings:
  
  Ensure that the currency type being used in the transaction is set up correctly. You can check this in the configuration settings for currencies.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources for specific details related to the error message and the context in which it occurs.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the above settings, consider reaching out to SAP support for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as SPRO (for configuration), OB52 (for posting periods), and others that may be relevant to your specific issue.
  SAP Notes: Check for any SAP Notes related to this error message, as they may provide additional insights or patches that could resolve the issue.
  User Authorization: Ensure that the user has the necessary authorizations to perform the transaction that is generating the error.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.