SAP Message BP414 - No update in foreign currency planned for controlling area &1

Diagnosis
In budget profile &V2& assigned to the object to be processed,"user-selected currency" or "object currency" was chosen as budgetingcurrency.
This means that budget values can be entered in currencies deviatingfrom the controlling area currency.
In controlling area &V1&, however, you have not set the controlindicator "All currencies" for all fiscal years that can be budgeteddue to the budget profile settings.
In the case of budgeting of overall values, the indicator must be setfor the year of the value date maintained in the budget profile.

System Response
No budget values can be entered.

Procedure
Set the control indicator "All currencies" in controlling area &V1& forall fiscal years.