How To Fix O1635 - Amount will be converted to & (currency for company code &)

SAP Error Message - Details

• Message type: E = Error

• Message class: O1 - IS-Oil : Message pool exchanges

• Message number: 635

• Message text: Amount will be converted to & (currency for company code &)

What causes this issue?

The currency you have entered - '&v3&' differs from the currency
of company code '&v2&' for which the sales org. &v4& is assigned.

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

&System_response&
Negotiated payments can be posted in company code currency only.

How to fix this error?

Press continue to automatically convert the amount in &v3& to an
amount in &v1& using the current exchange rate.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message O1635 - Amount will be converted to & (currency for company code &) ?

  The SAP error message O1635, which states "Amount will be converted to & (currency for company code &)," typically occurs in the context of currency conversion in financial transactions. This message indicates that the system is attempting to convert an amount from one currency to another based on the currency settings for the specified company code.
  Cause:
  
  Currency Mismatch: The transaction involves amounts in a currency that does not match the local currency of the company code.
  Missing Exchange Rate: There may be no valid exchange rate defined for the currency pair involved in the transaction.
  Currency Configuration: The company code may not be properly configured to handle transactions in the specified currency.
  Transaction Type: The type of transaction being processed may require a currency conversion that is not supported or not set up correctly.
  
  Solution:
  
  
  Check Currency Settings:
  
  Verify the currency settings for the company code in the configuration. Ensure that the local currency is correctly defined.
  Check if the currency used in the transaction is allowed for the company code.
  
  
  
  Define Exchange Rates:
  
  Go to the transaction code OB08 to maintain exchange rates. Ensure that there is a valid exchange rate for the currency pair involved in the transaction.
  If necessary, enter the appropriate exchange rate for the date of the transaction.
  
  
  
  Review Transaction Details:
  
  Check the details of the transaction to ensure that the amounts and currencies are entered correctly.
  Ensure that the transaction type supports the currencies being used.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources for specific guidance on handling currency conversions and related settings.
  
  
  
  Testing:
  
  After making the necessary changes, test the transaction again to see if the error persists.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OB08 (Maintain Exchange Rates), OBA5 (Define Document Types), and OBC4 (Define Company Code).
  Currency Types: Understand the different types of currencies in SAP, including local currency, group currency, and transaction currency.
  SAP Notes: Check for any SAP Notes related to currency conversion issues that may provide additional insights or solutions.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or refer to SAP community forums for further assistance.