How To Fix KM437 - This combination of currency type and valuation type is not allowed

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 437

• Message text: This combination of currency type and valuation type is not allowed

Self-Explanatory Message

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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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message KM437 - This combination of currency type and valuation type is not allowed ?

  The SAP error message KM437, which states "This combination of currency type and valuation type is not allowed," typically occurs in the context of financial transactions, particularly when dealing with currency valuation in SAP's Controlling (CO) module or Financial Accounting (FI) module. This error indicates that there is an inconsistency or misconfiguration in the currency settings for a particular transaction or master data.
  Causes of KM437 Error
  
  
  Incorrect Currency Type: The currency type used in the transaction may not be compatible with the valuation type defined in the system. For example, if you are trying to use a currency type that is not set up for a specific valuation type, this error will occur.
  
  
  Valuation Type Configuration: The valuation type may not be properly configured in the system. Each valuation type can have specific currency types associated with it, and if the combination is not allowed, the error will be triggered.
  
  
  Master Data Issues: The master data (such as cost centers, internal orders, or profit centers) may have incorrect or missing currency settings that do not align with the transaction being processed.
  
  
  Transaction Type Restrictions: Certain transaction types may have restrictions on the currency types and valuation types that can be used together.
  
  
  Solutions to KM437 Error
  
  
  Check Configuration:
  
  Go to the configuration settings in SAP (Transaction SPRO) and verify the settings for currency types and valuation types. Ensure that the combination you are trying to use is allowed.
  Specifically, check the settings under Controlling > Cost Element Accounting > Master Data > Define Valuation Types and Define Currency Types.
  
  
  
  Review Master Data:
  
  Check the master data for the relevant cost centers, internal orders, or profit centers to ensure that the currency settings are correct and consistent with the transaction being processed.
  
  
  
  Adjust Transaction Data:
  
  If possible, modify the transaction to use a different currency type or valuation type that is allowed by the system configuration.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources for specific details on currency types and valuation types to understand the allowed combinations.
  
  
  
  Contact SAP Support:
  
  If the issue persists and you cannot identify the cause, consider reaching out to SAP support for assistance. They can provide insights based on your specific system configuration.
  
  
  
  Related Information
  
  
  Currency Types: In SAP, currency types are used to define how currencies are handled in financial transactions. Common currency types include local currency, group currency, and transaction currency.
  
  
  Valuation Types: Valuation types are used to determine how costs are calculated and reported in the system. They can be associated with different cost elements and can affect how transactions are processed.
  
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as:
  
  OB08: For maintaining exchange rates.
  KP26: For maintaining plan data for cost centers.
  KSB1: For displaying cost center reports.
  
  
  
  By following these steps and understanding the underlying concepts, you should be able to resolve the KM437 error in SAP.