How To Fix KT264 - Inconsistency between currency type & and company code

KT264 - Overview

• Message type: E = Error

• Message class: KT - RK Message Table Maintenance

• Message number: 264

• Message text: Inconsistency between currency type & and company code

What causes this issue?

Currency type &V1& does not match the existing company code assignment.
The SAP System cannot determine the currency.

How can this happen?

You want to use currency type "40" (hard currency). To do so, all
relevant company codes must be in the same countries, or all the
countries must use the same hard currency. The SAP System determines
the currency from the company codes. This is only possible if the
company codes belong in one country and one hard currency is assigned
to the country. This message is shown when:
the company code - country assignment is missing
the hard currency - country assignment is missing
the company codes are assigned to a different hard currency
The connections are described below:
&NOTE&
INCLUDE 'RKS_0016' OBJECT DOKU ID TX

System Response

&V2&

How to fix this error?

Use another currency type, or make appropriate changes so that the SAP
System accepts currency type &V1&.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message KT264 - Inconsistency between currency type & and company code ?

  The SAP error message KT264 indicates an inconsistency between the currency type and the company code in the context of controlling (CO) or financial accounting (FI) transactions. This error typically arises when there is a mismatch in the currency settings for a specific company code and the currency type being used in a transaction.
  
  Cause:
  
  Currency Type Mismatch: The currency type defined in the transaction does not match the currency settings for the company code. For example, if the company code is set to use a specific currency type (like local currency or group currency), and the transaction is trying to use a different currency type, this error will occur.
  
  Configuration Issues: There may be issues in the configuration of the company code or the controlling area, where the currency types are not properly aligned.
  Master Data Issues: The master data for the company code or the controlling area may not be set up