How To Fix KM789 - Error occurred during automatic currency translation

KM789 - Overview

• Message type: E = Error

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

• Message number: 789

• Message text: Error occurred during automatic currency translation

What causes this issue?

The system found an error during derivation of the bill of material
from the material cost estimate.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Check currency-specific Customizing.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

KM789 - Details

• The SAP error message KM789, which states "Error occurred during automatic currency translation," typically arises during the process of currency conversion in financial reporting or during the execution of certain transactions that involve multiple currencies. This error can occur for various reasons, and understanding the cause is essential for resolving it.
  Possible Causes:
  
  
  Missing or Incorrect Exchange Rates: The most common cause is that the required exchange rates for the currencies involved are missing or not maintained in the system.
  
  
  Currency Translation Settings: Incorrect settings in the currency translation configuration can lead to errors. This includes settings in the controlling area or company code.
  
  
  Data Issues: There may be issues with the data being processed, such as missing or incorrect entries in the relevant financial documents.
  
  
  Period Closing Issues: If the currency translation is being executed during a period that is not open for posting, it can lead to errors.
  
  
  Authorization Issues: Lack of proper authorizations