How To Fix F5587 - Tax amounts have a different exchange rate to invoiced amounts

SAP Error Message - Details

• Message type: E = Error

• Message class: F5 - Document Editing

• Message number: 587

• Message text: Tax amounts have a different exchange rate to invoiced amounts

What causes this issue?

You have entered both local and document currency for the tax amounts
or for the invoiced amounts. The exchange rate determined from the tax
amounts thus deviates from the exchange rate determined from the
invoiced amounts.
This message can also occur if you are working in a company code which
permits an individual conversion for the taxes according to the posting
date or document date.

How to fix this error?

Correct the amounts if they were entered incorrectly. If the amounts
are correct, note that the different exchange rates are also to be
taken into consideration with offsetting entries since a document
balance might otherwise be created in local currency.
If the warning comes about due to an individual conversion of the tax
amounts, then it can be ignored since then the difference in local
currency which results can be charged off automatically. The message
can then be suppressed using customizing.
INCLUDE 'CUSTOMIZED_MESSAGE_INFO' OBJECT DOKU ID TX

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message F5587 - Tax amounts have a different exchange rate to invoiced amounts ?

  The SAP error message F5587, which states "Tax amounts have a different exchange rate to invoiced amounts," typically occurs during the processing of financial documents, particularly when dealing with foreign currency transactions. This error indicates that there is a discrepancy between the exchange rates used for the tax amounts and the invoiced amounts.
  Cause:
  
  
  Different Exchange Rates: The most common cause of this error is that the exchange rate used for calculating the tax amount is different from the exchange rate used for the invoice amount. This can happen if the exchange rates are updated or changed between the time the invoice is created and when the tax is calculated.
  
  
  Configuration Issues: There may be configuration settings in the SAP system that dictate how exchange rates are applied to different components of a transaction (e.g., invoice vs. tax).
  
  
  Manual Adjustments: If manual adjustments are made to either the invoice or the tax amounts, it can lead to inconsistencies in the exchange rates applied.
  
  
  Solution:
  
  
  Check Exchange Rates: Verify the exchange rates used for both the invoice and the tax amounts. Ensure that they are consistent. You can do this by checking the exchange rate tables in SAP (transaction code OB08).
  
  
  Recalculate Tax: If the exchange rates are correct but the error persists, try recalculating the tax amounts. This can often be done by reversing the transaction and re-entering it, ensuring that the same exchange rate is applied.
  
  
  Review Configuration: Check the configuration settings related to currency and tax calculations in your SAP system. Ensure that the settings are aligned and that the system is set up to use the same exchange rate for both the invoice and tax amounts.
  
  
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on handling currency and tax calculations. This can provide insights into best practices and common pitfalls.
  
  
  Contact Support: If the issue cannot be resolved through the above steps, consider reaching out to your SAP support team or consulting with an SAP expert who can provide more tailored assistance.
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OB08 (Maintain Exchange Rates), FB60 (Enter Incoming Invoices), and FBL1N (Vendor Line Item Display) to help troubleshoot the issue.
  Currency Types: Understand the different currency types in SAP (e.g., document currency, local currency, and hard currency) and how they interact with tax calculations.
  SAP Notes: Check for any SAP Notes related to this error message, as they may provide specific fixes or patches that address known issues.
  
  By following these steps, you should be able to identify and resolve the cause of the F5587 error in SAP.