How To Fix KM427 - Profile &: each valuation method can only be stored in one currency

SAP Error Message - Details

• Message type: E = Error

• Message class: KM - Error messages for Profit Center Accounting

• Message number: 427

• Message text: Profile &: each valuation method can only be stored in one currency

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message KM427 - Profile &: each valuation method can only be stored in one currency ?

  The SAP error message KM427 ("Profile &: each valuation method can only be stored in one currency") typically occurs in the context of Asset Accounting (FI-AA) or Material Ledger (ML) when there is an inconsistency in the currency settings for valuation methods. This error indicates that the system has detected multiple currencies assigned to a single valuation method, which is not allowed.
  Cause:
  
  Multiple Currencies Assigned: The valuation method in question has been assigned multiple currencies, which violates the requirement that each valuation method can only be associated with one currency.
  Configuration Issues: There may be a misconfiguration in the settings for the valuation method or the currency settings in the relevant configuration areas.
  Data Migration Issues: If data has been migrated from another system or if there have been changes in the configuration, it may lead to inconsistencies in currency assignments.
  
  Solution:
  
  
  Check Valuation Method Configuration:
  
  Go to the configuration settings for the valuation method in question (Transaction code: OAYZ for Asset Accounting or OML2 for Material Ledger).
  Ensure that each valuation method is assigned only one currency. If multiple currencies are assigned, remove the unnecessary ones.
  
  
  
  Review Currency Settings:
  
  Check the currency settings in the relevant areas (e.g., company code settings, controlling area settings) to ensure they are consistent with the valuation methods.
  Ensure that the currency settings for the company code and controlling area are correctly defined.
  
  
  
  Data Consistency Check:
  
  Run consistency checks to identify any inconsistencies in the data related to the valuation methods and currencies.
  Use transaction codes like OABN (for Asset Accounting) to perform a consistency check.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or notes related to the specific valuation method and currency settings for further guidance.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the configuration and settings, consider reaching out to SAP support for assistance. They may provide specific notes or patches that address the issue.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OAYZ (for Asset Accounting configuration), OML2 (for Material Ledger), and OABN (for consistency checks).
  SAP Notes: Search for SAP Notes related to error KM427 in the SAP Support Portal for any known issues or patches.
  Documentation: Review the SAP Help Portal for detailed documentation on Asset Accounting and Material Ledger configuration.
  
  By following these steps, you should be able to resolve the KM427 error and ensure that your valuation methods are correctly configured with the appropriate currency settings.