How To Fix 1FA031 - Balance currency &1 does not match account currency &2

1FA031 - Overview

• Message type: E = Error

• Message class: 1FA - Betragskündigungen und Freibeträge

• Message number: 031

• Message text: Balance currency &1 does not match account currency &2

What causes this issue?

The balance currency &V1& for account &V3&, bank area &V4& is not the
same as the account currency &V2&.

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

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

1FA031 - Details

• The SAP error message 1FA031 indicates that there is a mismatch between the balance currency of a financial document and the account currency. This typically occurs during transactions involving financial postings, where the system expects the currency of the balance to match the currency of the account being used.
  
  Cause:
  
  Currency Mismatch: The most common cause is that the currency of the balance (e.g., in a financial statement or report) does not match the currency of the account being referenced in the transaction.
  
  Configuration Issues: There may be configuration issues in the financial settings of the SAP system, such as incorrect settings for currency types or account settings.
  Data Entry Errors: Manual data entry errors can lead to incorrect currency being assigned to accounts or transactions.
  Foreign Currency Transactions: If you are dealing with foreign currency transactions, the conversion rates or settings may not be correctly configured.
  
  
  Solution:
  
  Check Account Settings: Verify the currency settings for the