How To Fix KIC267 - Company code & and CO area & have different currencies

SAP Error Message - Details

• Message type: E = Error

• Message class: KIC - CO Interface: Messages for Core Functions

• Message number: 267

• Message text: Company code & and CO area & have different currencies

What causes this issue?

Company code &V1& is managed in &V3&, controlling area &V2& in &V4&.

System Response

Assignments such as this are not permitted because exchange rate
fluctuations between postings to cost accounting and settlements from
cost accounting would lead to non-permitted value additions.

How to fix this error?

Check whether the assignment between company code &V1& and controlling
area &V2& is intended.
In Customizing, assign the same currency to controlling area &V2&.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message KIC267 - Company code & and CO area & have different currencies ?

  The SAP error message KIC267 indicates that there is a mismatch in the currency settings between the company code and the controlling area in the SAP system. This error typically arises when you attempt to post a transaction that involves both a company code and a controlling area that are configured with different currencies.
  Cause:
  
  Different Currencies: The company code is set up with one currency (e.g., local currency) while the controlling area is set up with another currency (e.g., group currency or a different local currency).
  Configuration Issues: This can occur due to incorrect configuration during the setup of the company code or controlling area in the SAP system.
  Transaction Posting: When trying to post a transaction that requires both the company code and controlling area, the system checks for currency consistency and throws this error if they do not match.
  
  Solution:
  
  
  Check Configuration:
  
  Go to the configuration settings for both the company code and the controlling area.
  Ensure that the currency settings are consistent. You can check this in the following paths:
  
  For Company Code: SPRO > Financial Accounting > General Settings > Define Company Code
  For Controlling Area: SPRO > Controlling > General Controlling > Master Data > Controlling Area > Define Controlling Area
  
  
  
  
  
  Adjust Currency Settings:
  
  If you find that the currencies are indeed different, you may need to either change the currency of the company code or the controlling area to ensure they match.
  Note that changing the currency settings can have significant implications, so it should be done with caution and typically requires thorough testing.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or consult with your SAP Basis or Finance team to understand the implications of changing currency settings.
  
  
  
  Transaction Type:
  
  Ensure that the transaction you are trying to post is appropriate for the currencies involved. If necessary, consider using a different transaction type that aligns with the currency settings.
  
  
  
  Testing:
  
  After making any changes, perform testing to ensure that the error is resolved and that transactions can be posted without issues.
  
  
  
  Related Information:
  
  Currency Types: In SAP, there are typically three types of currencies: local currency, group currency, and hard currency. Understanding these can help in configuring the system correctly.
  Impact of Currency Changes: Changing currency settings can affect financial reporting, so it is essential to involve relevant stakeholders (e.g., finance, accounting) when making such changes.
  SAP Notes: Check for any relevant SAP Notes that may provide additional guidance or solutions for this specific error message.
  
  If the issue persists after checking the configurations and making necessary adjustments, it may be beneficial to reach out to SAP support for further assistance.