How To Fix CJ712 - Project currency must be same as company code currency

SAP Error Message - Details

• Message type: E = Error

• Message class: CJ - Project master data and structure

• Message number: 712

• Message text: Project currency must be same as company code currency

What causes this issue?

No more than two currencies may be used within a project. Because the
controlling area already allows for another currency for the company
code, you cannot create a project currency.
In this situation, the currency in the company code is the currency for
the project.

System Response

The system automatically makes the currency from the company code
the currency for the project.

How to fix this error?

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

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message CJ712 - Project currency must be same as company code currency ?

  The SAP error message CJ712 indicates that there is a mismatch between the project currency and the company code currency. This error typically occurs when you are trying to create or modify a project in the Project System (PS) module, and the currency settings for the project do not align with the currency settings of the associated company code.
  Cause:
  
  Currency Mismatch: The project you are trying to create or modify is set to a currency that is different from the currency defined for the company code.
  Incorrect Project Settings: The project may have been set up with an incorrect currency during its creation.
  Company Code Configuration: The company code may have been configured with a specific currency that does not match the currency of the project.
  
  Solution:
  To resolve the CJ712 error, you can take the following steps:
  
  
  Check Project Currency:
  
  Go to the project definition in the SAP system (transaction code CJ02 for changing a project).
  Verify the currency assigned to the project. It should match the currency of the company code.
  
  
  
  Check Company Code Currency:
  
  Use transaction code OBY6 to check the currency settings for the company code.
  Ensure that the currency of the project matches the currency defined for the company code.
  
  
  
  Change Project Currency:
  
  If the project currency is incorrect, you may need to change it to match the company code currency. This can be done in the project definition screen (CJ02).
  Note that changing the currency of an existing project may have implications on existing transactions, so proceed with caution.
  
  
  
  Create a New Project:
  
  If changing the currency is not feasible due to existing transactions, consider creating a new project with the correct currency settings.
  
  
  
  Consult with Finance Team:
  
  If you are unsure about the currency settings or the implications of changing them, consult with your finance or controlling team to ensure compliance with accounting practices.
  
  
  
  Related Information:
  
  Transaction Codes:
  
  CJ01: Create Project
  CJ02: Change Project
  CJ03: Display Project
  OBY6: Company Code Global Parameters
  
  
  Documentation: Refer to SAP documentation or help files for more detailed information on project currency settings and company code configurations.
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to project currency and company code currency mismatches.
  
  By following these steps, you should be able to resolve the CJ712 error and ensure that your project currency aligns with the company code currency.