How To Fix KP594 - Problems converting a currency belonging to a data record of &1

SAP Error Message - Details

• Message type: E = Error

• Message class: KP - CO-OM Planning

• Message number: 594

• Message text: Problems converting a currency belonging to a data record of &1

What causes this issue?

An error occurred during translation of currencies &v3& and &v4&. See
the message log for the original message - this message only provides
extra information, that the problem occurred during processing of a
data record from &v1& for cost element &v2&.

How to fix this error?

Follow the instructions in the original message.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message KP594 - Problems converting a currency belonging to a data record of &1 ?

  The SAP error message KP594 indicates that there is a problem with currency conversion in a specific data record. This error typically arises in the context of controlling (CO) or financial (FI) modules when the system encounters an issue converting currencies for a particular transaction or record.
  Cause:
  
  Missing Currency Conversion Rates: The system may not have the necessary exchange rates defined for the currencies involved in the transaction.
  Incorrect Currency Configuration: The currency settings in the master data or transaction data may be incorrect or inconsistent.
  Data Record Issues: The specific data record referenced in the error message may have invalid or missing currency information.
  Currency Type Issues: The currency type used in the transaction may not be supported or may not have a corresponding conversion rate.
  
  Solution:
  
  
  Check Exchange Rates:
  
  Go to the transaction code OB08 to check if the exchange rates for the currencies involved are maintained correctly.
  If not, enter the required exchange rates.
  
  
  
  Review Master Data:
  
  Check the master data for the relevant cost centers, internal orders, or other objects to ensure that the currency settings are correct.
  Ensure that the currency type is correctly defined in the master data.
  
  
  
  Validate Transaction Data:
  
  Review the specific transaction or data record that triggered the error. Ensure that all currency fields are populated correctly and that the currencies are valid.
  
  
  
  Currency Type Configuration:
  
  Ensure that the currency type used in the transaction is configured correctly in the system. You can check this in the configuration settings for controlling or financial accounting.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for additional guidance on handling currency conversion issues.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the above points, consider reaching out to SAP support for further assistance, providing them with the specific details of the error and the data record involved.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OB08 (Maintain Exchange Rates), KP26 (Change Plan Data), and KSB1 (Cost Centers: Actual Line Items) for troubleshooting.
  Currency Types: Understand the different currency types used in SAP (e.g., transaction currency, group currency, and local currency) and how they affect reporting and transactions.
  SAP Notes: Check for any relevant SAP Notes that may address known issues related to currency conversion errors.
  
  By following these steps, you should be able to identify and resolve the issue causing the KP594 error in SAP.