How To Fix KI299 - The object currency of & is & and not &

SAP Error Message - Details

• Message type: E = Error

• Message class: KI -

• Message number: 299

• Message text: The object currency of & is & and not &

What causes this issue?

You made an assignment to &V1&. This object belongs to controlling area
&V4&. All objects in the controlling area must be recorded in company
code currency (&V3&). &V1& is defined with currency &V2&.

System Response

You cannot make a posting to this object.

How to fix this error?

Check whether other postings have been made to &V1&.
If not, change the object currency from &V1&.
If so, contact the SAP hotline service because these postings may have
caused data inconsistencies.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message KI299 - The object currency of & is & and not & ?

  The SAP error message KI299 indicates a currency mismatch in the context of controlling (CO) objects. Specifically, it means that the object currency of a controlling object (like a cost center, internal order, or profit center) does not match the expected currency for the transaction being processed. The message format is typically as follows:
  
  "The object currency of & is & and not &."
  
  Where the first & represents the controlling object, the second & represents the actual currency of the object, and the third & represents the currency expected for the transaction.
  Cause
  The error can occur due to several reasons:
  
  Currency Configuration: The controlling object may be configured with a specific currency, and the transaction being processed is in a different currency.
  Transaction Currency: The currency of the transaction (e.g., invoice, journal entry) does not match the currency of the controlling object.
  Master Data Issues: There may be inconsistencies in the master data setup for the controlling object or the related financial documents.
  Currency Conversion: If currency conversion is involved, it may not be set up correctly, leading to mismatches.
  
  Solution
  To resolve the KI299 error, you can take the following steps:
  
  
  Check Object Currency:
  
  Go to the controlling object (e.g., cost center, internal order) in SAP and verify its currency settings. Ensure that it is set to the correct currency.
  
  
  
  Review Transaction Currency:
  
  Check the transaction that is causing the error. Ensure that the currency used in the transaction matches the currency of the controlling object.
  
  
  
  Adjust Transaction:
  
  If the transaction is in the wrong currency, you may need to adjust it to match the currency of the controlling object. This could involve changing the currency in the transaction or using a different controlling object that matches the transaction currency.
  
  
  
  Master Data Review:
  
  Review the master data for the controlling object and ensure that all relevant settings are correct. This includes checking the currency settings in the master data records.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidance on handling currency issues in controlling.
  
  
  
  Contact Support:
  
  If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  
  
  Related Information
  
  Transaction Codes: You may use transaction codes like KS03 (Display Cost Center), KO03 (Display Internal Order), or KP06 (Cost Planning) to check the settings of controlling objects.
  Currency Types: Understand the different currency types in SAP (e.g., company code currency, controlling area currency, object currency) and how they interact.
  Configuration Settings: Review the configuration settings in the SAP system related to currencies in controlling (transaction code SPRO).
  
  By following these steps, you should be able to identify and resolve the cause of the KI299 error in SAP.