How To Fix KM789 - Error occurred during automatic currency translation

SAP Error Message - Details

• 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.

Smart SAP Assistant

• What is the cause and solution for SAP error message KM789 - Error occurred during automatic currency translation ?

  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 for the user executing the transaction can also result in this error.
  
  
  Solutions:
  
  
  Check Exchange Rates:
  
  Go to the transaction code OB08 to check if the necessary exchange rates are maintained for the currencies involved.
  Ensure that the rates are valid for the period in question.
  
  
  
  Review Currency Translation Settings:
  
  Check the configuration settings for currency translation in the relevant modules (e.g., Financial Accounting, Controlling).
  Ensure that the settings align with your organization's requirements.
  
  
  
  Validate Data:
  
  Review the financial documents and entries to ensure that all necessary data is complete and accurate.
  Look for any missing entries or discrepancies that could cause the error.
  
  
  
  Check Period Status:
  
  Ensure that the posting period is open for the transactions you are trying to process.
  If necessary, open the period in the configuration settings.
  
  
  
  User Authorizations:
  
  Verify that the user has the necessary authorizations to perform the currency translation.
  If not, consult with your SAP security team to grant the required permissions.
  
  
  
  Consult SAP Notes:
  
  Check the SAP Support Portal for any relevant SAP Notes that may address this specific error or provide additional troubleshooting steps.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OB08 (Maintain Exchange Rates), OBA1 (Maintain Document Types), and others that may be useful in troubleshooting.
  Documentation: Review SAP documentation related to currency translation and financial reporting for best practices and configuration guidelines.
  Support: If the issue persists after trying the above solutions, consider reaching out to SAP support or your internal SAP support team for further assistance.
  
  By systematically checking these areas, you should be able to identify and resolve the KM789 error in your SAP system.