How To Fix KM693 - Incorrect plan values for balance sheet accounts must be converted

KM693 - Overview

• Message type: E = Error

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

• Message number: 693

• Message text: Incorrect plan values for balance sheet accounts must be converted

What causes this issue?

Balance sheet account &V1&, version &V2& for fiscal year &V3& contains
plan data with the incorrect business activity <ZH>PCAP</>. There are
two possible reasons for this:
1. The data is from a Release prior to 4.0B. At that time, balance
sheet planning was not yet possible in the system. However, the data
was probably created using the old planning transaction for
costs/revenues (KE63).
2. Account &V1& was originally managed as a profit and loss account in
chart of account &V4& and plan data was created using transaction 7KE1
(planning costs/revenues). Account &V1& was then changed to a balance
sheet account without the previously created data being deleted.

System Response

Processing has been terminated.

How to fix this error?

As the plan data has been posted in an incorrect format, it must be
converted to a correct one.
You can convert the values in balance sheet account &V1&, version &V2&
for fiscal year &V3& using report <ZH>RPCPPKEO</> (transaction 7KEO).

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message KM693 - Incorrect plan values for balance sheet accounts must be converted ?

  The SAP error message KM693, which states "Incorrect plan values for balance sheet accounts must be converted," typically occurs in the context of financial planning and controlling (FICO) when there are discrepancies in the planning values for balance sheet accounts. This error can arise during various processes, such as planning, budgeting, or when executing certain transactions that involve balance sheet accounts.
  
  Cause:
  
  
  Incorrect Planning Data: The error often indicates that the planning values for balance sheet accounts are not in the expected format or range. This can happen if:
  
  The values are not properly entered or are missing.
  There are inconsistencies in the data due to manual entry errors.
  The planning version or fiscal year is not correctly set up.
  
  
  
  
  Configuration Issues: There may be issues with the configuration of the planning settings in SAP, such as:
  
  Incorrect settings in the planning layout.
  Missing or incorrect assignment of accounts in the planning version.
  
  
  
  Data Migration Issues: If data has