How To Fix TU344 - &1 budget billing plans created in new currency

SAP Error Message - Details

• Message type: E = Error

• Message class: TU - Billing/Scheduling/Budget Billing

• Message number: 344

• Message text: &1 budget billing plans created in new currency

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message TU344 - &1 budget billing plans created in new currency ?

  The SAP error message TU344 indicates that there is an issue related to budget billing plans being created in a new currency. This error typically arises in the context of financial transactions or billing processes where currency conversion or currency settings are involved.
  Cause:
  
  Currency Mismatch: The error often occurs when there is a mismatch between the currency of the budget billing plan and the currency settings in the system. This can happen if the billing plan is created in a currency that is not supported or not configured correctly in the system.
  Configuration Issues: There may be configuration issues in the SAP system regarding currency settings, such as missing exchange rates or incorrect currency types assigned to the billing plans.
  Master Data Issues: The master data for the customer or the contract may not be set up correctly, leading to inconsistencies in currency settings.
  
  Solution:
  
  Check Currency Settings: Verify the currency settings in the SAP system. Ensure that the currency used for the budget billing plan is correctly configured and supported.
  Review Exchange Rates: Ensure that the necessary exchange rates are maintained in the system. You can check this in the transaction code OB08 (Maintain Exchange Rates).
  Adjust Master Data: Review the master data for the customer or contract associated with the billing plan. Ensure that the currency settings are consistent and correct.
  Recreate the Billing Plan: If the issue persists, consider deleting the problematic budget billing plan and recreating it with the correct currency settings.
  Consult Documentation: Refer to SAP documentation or support notes related to budget billing plans and currency settings for additional guidance.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as:
  
  OB08: Maintain Exchange Rates
  FBL1N: Vendor Line Item Display
  FBL3N: G/L Account Line Item Display
  
  
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message. You can search for TU344 in the SAP Support Portal.
  User Roles and Authorizations: Ensure that the user has the necessary authorizations to create or modify budget billing plans in the specified currency.
  
  If the problem continues after following these steps, it may be beneficial to consult with your SAP support team or a technical consultant who can provide more in-depth analysis and troubleshooting.