How To Fix 0D427 - Deposit account &1 is managed in &2 - posting not possible in currency &3

0D427 - Overview

• Message type: E = Error

• Message class: 0D - FS-CD General Messages

• Message number: 427

• Message text: Deposit account &1 is managed in &2 - posting not possible in currency &3

What causes this issue?

The contract account has an account category that permits contracts for
which account balance interest calculation has taken place. This means
that postings can only be made to this account in the currency that was
defined as the deposit currency for the account.

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?

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

0D427 - Details

• The SAP error message 0D427 indicates that there is an issue with a deposit account that is being managed in a specific currency, and a posting cannot be completed in a different currency. This error typically arises in the context of financial transactions where currency management is critical.
  
  Cause:
  
  Currency Mismatch: The deposit account is set up to be managed in a specific currency (e.g., EUR), and the transaction you are trying to post is in a different currency (e.g., USD).
  Account Configuration: The deposit account may have been configured to only accept transactions in its designated currency.
  Transaction Type: The type of transaction being attempted may not be compatible with the currency settings of the deposit account.
  
  
  Solution:
  
  Check Currency Settings: Verify the currency settings of the deposit account. Ensure that the transaction you are trying to post is in the same currency as the deposit account.
  Convert Currency: If the transaction must be in a