How To Fix KM434 - Currency for transfer pricing in Profit Center Accounting not found

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 434

• Message text: Currency for transfer pricing in Profit Center Accounting not found

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message KM434 - Currency for transfer pricing in Profit Center Accounting not found ?

  The SAP error message KM434, which states "Currency for transfer pricing in Profit Center Accounting not found," typically occurs in the context of Profit Center Accounting (PCA) when there is an issue with the currency settings for transfer pricing. This error can arise due to several reasons, and here are the potential causes, solutions, and related information:
  Causes:
  
  Missing Currency Configuration: The currency for the transfer pricing is not defined in the system for the relevant profit center or company code.
  Incorrect Master Data: The master data for the profit center or the relevant financial documents may not have the correct currency settings.
  Inconsistent Currency Settings: There may be inconsistencies between the currency settings in the controlling area and the profit center.
  Transfer Pricing Settings: The transfer pricing settings in the configuration may not be properly set up or may be missing.
  
  Solutions:
  
  
  Check Currency Configuration:
  
  Go to the configuration settings in SAP and verify that the currency for the relevant profit center is defined.
  Ensure that the currency settings in the controlling area match those in the profit center.
  
  
  
  Review Master Data:
  
  Check the master data for the profit center to ensure that the currency is correctly assigned.
  Verify that the relevant financial documents (e.g., cost centers, internal orders) are also set up with the correct currency.
  
  
  
  Adjust Transfer Pricing Settings:
  
  Navigate to the transfer pricing configuration in SAP and ensure that all necessary settings are correctly defined.
  Make sure that the transfer pricing method being used is compatible with the currencies involved.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help files related to Profit Center Accounting and transfer pricing for any specific guidelines or requirements.
  
  
  
  Testing:
  
  After making changes, perform a test transaction to ensure that the error does not reoccur.
  
  
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes such as KP06 (Cost Center Planning), KSV5 (Actual Distribution), or KOB1 (Order Information System) to analyze and correct the data.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance.
  User Roles and Authorizations: Ensure that the user has the necessary authorizations to make changes to the configuration and master data.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a consultant who specializes in SAP Financials for further assistance.