How To Fix KK699 - No foreign currency or currencies entered

KK699 - Overview

• Message type: E = Error

• Message class: KK -

• Message number: 699

• Message text: No foreign currency or currencies entered

What causes this issue?

You have selected the <LS>New exchange rate</> function, but you have
not entered a foreign currency or currencies that differ(s) from the
controlling area currency.

How to fix this error?

Enter a valid foreign currency that differs from the controlling area
currency, and select the <LS>New exchange rate</> function again.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message KK699 - No foreign currency or currencies entered ?

  The SAP error message KK699: No foreign currency or currencies entered typically occurs in the context of controlling (CO) when you are trying to post a transaction that involves foreign currency but have not specified any foreign currency or the currency settings are not correctly configured.
  
  Cause:
  
  Missing Currency Information: The transaction you are trying to post requires a foreign currency, but none has been specified in the relevant fields.
  
  Configuration Issues: The settings in the controlling area or the master data (like cost centers, internal orders, etc.) may not be set up to handle foreign currencies.
  Currency Type: The currency type used in the transaction may not be defined or may not support foreign currency transactions.
  Transaction Type: The type of transaction you are trying to execute may not be compatible with foreign currency postings.
  
  
  Solution:
  
  Check Transaction Data: Ensure that you have entered the foreign currency in the appropriate field when posting the transaction. This