How To Fix 1I051 - Accounts to be compensated have different currencies (&3, &4)

SAP Error Message - Details

• Message type: E = Error

• Message class: 1I - BCA: General Ledger Integration

• Message number: 051

• Message text: Accounts to be compensated have different currencies (&3, &4)

What causes this issue?

Compensation of accounts is only possible if they have the same account
currency. Currencies &V3& and &V4& were determined for this group of
accounts.

How to fix this error?

Change the compensation key in account &V2& in bank area &V1& or of the
other accounts in the group so that no compensation takes place.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 1I051 - Accounts to be compensated have different currencies (&3, &4) ?

  The SAP error message 1I051 indicates that there is a currency mismatch between accounts that are being compensated in a transaction. This typically occurs in financial transactions where you are trying to offset or clear accounts that have different currencies, which is not allowed in SAP without proper handling.
  Cause:
  The error arises when:
  
  You are attempting to clear or compensate accounts that have different currencies (e.g., one account is in USD and the other is in EUR).
  The system does not allow the clearing of transactions in different currencies without a proper conversion or handling.
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Currency Settings:
  
  Verify the currencies of the accounts involved in the transaction. Ensure that both accounts are in the same currency.
  
  
  
  Currency Conversion:
  
  If the accounts must remain in different currencies, consider converting one of the amounts to match the other currency. This can be done using the appropriate exchange rate.
  
  
  
  Use a Clearing Account:
  
  If necessary, you can use a clearing account that is set up to handle multiple currencies. This account can facilitate the conversion and clearing process.
  
  
  
  Adjust Transaction Entries:
  
  Review the transaction entries to ensure that they are correctly entered and that the amounts are in the same currency.
  
  
  
  Consult with Finance Team:
  
  If you are unsure about how to proceed, consult with your finance or accounting team to ensure compliance with financial policies and procedures.
  
  
  
  SAP Configuration:
  
  In some cases, it may be necessary to check the configuration settings in SAP related to currency handling and clearing. This may require assistance from an SAP consultant or administrator.
  
  
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes like FB50 (General Ledger Account Document Entry) or F-03 (Clear G/L Account) to review and adjust the entries.
  Exchange Rate Types: Ensure that the correct exchange rate type is being used for conversions if applicable.
  Documentation: Refer to SAP documentation or help files for more detailed information on handling currency issues in financial transactions.
  
  By following these steps, you should be able to resolve the error and successfully process your transactions.