Currency for object & is inconsistent

What causes this issue?

The system tried to determine the currency for object &V1& during which
contradictory specifications were found.
This can particularly be the case if object &V1& belongs to a
controlling area with cross-company code cost accounting and the object
currency differs from the company code currency.

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?

If this problem occurs in individual cases, you should check the
objects affected. If necessary, you can determine the currency again so
that the currency information is consistent.
Otherwise check the currencies for your company codes and controlling
areas as well as the assignments between company code and controlling
area.

Error message extract from SAP system. Copyright SAP SE.