How To Fix 1I716 - Old acct currency and maintained IVA currency for acct &1 / &2 different

1I716 - Overview

• Message type: E = Error

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

• Message number: 716

• Message text: Old acct currency and maintained IVA currency for acct &1 / &2 different

What causes this issue?

The account currency and the currency maintained for individual value
adjustment are different. This is not possible at this time.
This probably involves a program error. Please inform SAP.

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?

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 1I716 - Old acct currency and maintained IVA currency for acct &1 / &2 different ?

  The SAP error message 1I716 indicates that there is a mismatch between the old account currency and the maintained IVA (Impuesto al Valor Agregado, or Value Added Tax) currency for a specific account. This typically occurs during processes such as account changes or when trying to post transactions that involve VAT.
  
  Cause:
  The error arises when:
  
  The account currency of the old account does not match the currency that is maintained for the IVA (Value Added Tax) in the system.
  This can happen if the account was previously set up with a different currency, and the system is trying to apply VAT in a currency that is not compatible with the old account currency.
  
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Account Configuration:
  
  Go to the account settings in the SAP system and verify the currency settings for the account in question.
  Ensure that the account currency matches the IVA currency.
  
  
  
  Adjust IVA Settings:
  
  If the