How To Fix KO264 - In order & the currency for company code and CO area do not match

SAP Error Message - Details

• Message type: E = Error

• Message class: KO - Master data for CO orders

• Message number: 264

• Message text: In order & the currency for company code and CO area do not match

What causes this issue?

The currencies for the company and controlling area do not match for
order &v1&.

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?

Please check whether later changes led to this inconsistency and
correct the data.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message KO264 - In order & the currency for company code and CO area do not match ?

  The SAP error message KO264 indicates that there is a mismatch between the currency used in the order and the currency defined for the company code and the controlling area (CO area). This error typically occurs when you are trying to post a transaction to a cost object (like an internal order) that has a different currency than what is configured in the company code or controlling area.
  Cause:
  
  Currency Mismatch: The currency of the internal order does not match the currency of the company code or the controlling area.
  Configuration Issues: The internal order may have been created with a different currency than that of the company code or controlling area.
  Transaction Posting: You are attempting to post a transaction (like a goods movement or an invoice) to an order that has a currency mismatch.
  
  Solution:
  
  
  Check Currency Settings:
  
  Verify the currency settings for the company code and the controlling area in the configuration.
  Go to the transaction code OBY6 to check the currency settings for the company code.
  Use transaction code OKKP to check the controlling area settings.
  
  
  
  Review Internal Order Currency:
  
  Check the currency of the internal order using transaction code KO03 (Display Internal Order).
  Ensure that the currency of the internal order matches the currency of the company code.
  
  
  
  Adjust Internal Order:
  
  If the internal order was created with the wrong currency, you may need to create a new internal order with the correct currency.
  Alternatively, if possible, adjust the currency settings in the internal order configuration.
  
  
  
  Posting Transactions:
  
  Ensure that any transactions you are trying to post to the internal order are in the correct currency.
  If you are using multiple currencies, ensure that the appropriate exchange rates are maintained.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or consult with your SAP support team for specific configuration settings related to currency in your SAP environment.
  
  
  
  Related Information:
  
  Transaction Codes:
  
  KO03: Display Internal Order
  OBY6: Company Code Global Parameters
  OKKP: Controlling Area Settings
  
  
  Currency Types: Understand the different currency types in SAP (e.g., company code currency, controlling area currency, transaction currency).
  Exchange Rate Maintenance: Ensure that exchange rates are maintained correctly in the system if you are dealing with multiple currencies.
  
  By following these steps, you should be able to resolve the KO264 error and ensure that the currency settings are consistent across your internal orders, company codes, and controlling areas.