How To Fix KQ404 - Select only one of the currency controls

SAP Error Message - Details

• Message type: E = Error

• Message class: KQ - Error Messages for Customizing Product Costing

• Message number: 404

• Message text: Select only one of the currency controls

What causes this issue?

You set more than one currency indicator.

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?

Delete one of your entries.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message KQ404 - Select only one of the currency controls ?

  The SAP error message KQ404, which states "Select only one of the currency controls," typically occurs in the context of controlling (CO) or financial (FI) modules when there is a conflict in the currency settings for a particular transaction or configuration. This error indicates that the system has detected multiple currency controls that cannot be used simultaneously.
  Cause:
  The error is usually caused by one of the following scenarios:
  
  Multiple Currency Types Selected: In a configuration or transaction, more than one currency control option has been selected, such as both "transaction currency" and "object currency."
  Inconsistent Settings: The settings in the controlling area or the relevant master data (like cost centers, internal orders, etc.) may have conflicting currency definitions.
  Configuration Issues: There may be issues in the configuration of the controlling area or the related settings in the financial module.
  
  Solution:
  To resolve the KQ404 error, you can take the following steps:
  
  
  Review Currency Settings:
  
  Go to the relevant configuration settings in SAP (e.g., controlling area settings) and check the currency controls.
  Ensure that only one currency control option is selected. For example, if you are using "transaction currency," make sure "object currency" is not selected.
  
  
  
  Check Master Data:
  
  Review the master data for the relevant cost objects (like cost centers, internal orders, etc.) to ensure that the currency settings are consistent and do not conflict with each other.
  
  
  
  Transaction Review:
  
  If the error occurs during a specific transaction, review the transaction data to ensure that only one currency type is being used.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidance on currency settings in the context of your version of SAP.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the settings, consider reaching out to SAP support for further assistance, especially if it involves complex configurations.
  
  
  
  Related Information:
  
  
  Transaction Codes: Familiarize yourself with relevant transaction codes that may help in checking or modifying currency settings, such as:
  
  OKKP (Controlling Area Settings)
  KS01 (Create Cost Center)
  KO01 (Create Internal Order)
  
  
  
  SAP Notes: Check for any SAP Notes related to KQ404 or currency control issues, as they may provide specific fixes or patches.
  
  
  User Forums: Engage with SAP community forums or user groups where similar issues may have been discussed, and solutions shared.
  
  
  By following these steps, you should be able to identify and resolve the cause of the KQ404 error in SAP.