How To Fix KP050 - Planning parameter & does not allow planning in transaction currency

SAP Error Message - Details

• Message type: E = Error

• Message class: KP - CO-OM Planning

• Message number: 050

• Message text: Planning parameter & does not allow planning in transaction currency

What causes this issue?

When transferring plan data from HR to CO, the SAP System calls up the
CO plan data interface with planning parameters &v1&. These parameters
determine the currency field groups in which values being transferred
are recorded. Only values in transaction currency should be transferred
between HR and CO. You can specify this in HR. The program has
determined that the CO planning parameters have not been defined
correctly.

System Response

The SAP System cannot transfer the data.

How to fix this error?

Change the planning parameters via the CCA menu.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message KP050 - Planning parameter & does not allow planning in transaction currency ?

  The SAP error message KP050 ("Planning parameter & does not allow planning in transaction currency") typically occurs in the context of planning in SAP Controlling (CO) when you are trying to execute a planning transaction that is not configured to allow planning in the transaction currency.
  Cause:
  
  Planning Parameter Configuration: The planning parameter you are using is set up to allow planning only in the object currency (the currency defined for the cost center, internal order, etc.) and not in the transaction currency.
  Transaction Currency Settings: The settings for the planning area or the specific planning version may not allow for transaction currency planning.
  Master Data Settings: The master data for the cost center, internal order, or other objects may not be configured to support transaction currency planning.
  
  Solution:
  
  
  Check Planning Parameter Settings:
  
  Go to the configuration settings for the planning parameter in transaction code OKKP (or through the appropriate path in the SAP menu).
  Ensure that the planning parameter is set to allow planning in transaction currency if that is your requirement.
  
  
  
  Review Planning Area Configuration:
  
  Check the configuration of the planning area in transaction code KP26 or KP27 to see if it allows transaction currency planning.
  If necessary, adjust the settings to enable transaction currency planning.
  
  
  
  Adjust Master Data:
  
  Review the master data for the relevant cost objects (e.g., cost centers, internal orders) to ensure they are set up correctly to allow transaction currency planning.
  You can check this in transaction codes like KS01 (Create Cost Center) or KO01 (Create Internal Order).
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for detailed guidance on configuring planning parameters and areas.
  
  
  
  Contact SAP Support:
  
  If you are unable to resolve the issue through configuration changes, consider reaching out to SAP support for assistance.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  KP26: Change Planning Layout
  KP27: Change Planning Version
  OKKP: Configure Planning Parameters
  KS01: Create Cost Center
  KO01: Create Internal Order
  
  
  
  SAP Notes: Check for any relevant SAP Notes that might address specific issues related to planning parameters and transaction currency.
  
  
  User Roles and Authorizations: Ensure that the user executing the planning transaction has the necessary authorizations to perform planning in the desired currency.
  
  
  By following these steps, you should be able to identify the cause of the KP050 error and implement the necessary changes to resolve it.