How To Fix FAA_CFG_PARALLEL_VAL009 - The selected areas do not have a commone currency; make new selection

SAP Error Message - Details

• Message type: E = Error

• Message class: FAA_CFG_PARALLEL_VAL - Messages for BF FIN_AA_PARALLEL_VAL

• Message number: 009

• Message text: The selected areas do not have a commone currency; make new selection

What causes this issue?

At least one of the selected depreciation areas has to have the company
code currency, or the selected depreciation areas have to have the same
currency.
This is <ZH>not</> the case, however.

System Response

The system <ZH>cannot</> determine the currency. Posting with this
selection of areas is <ZH>not</> possible.

How to fix this error?

Change your selection of areas.
Or split the business transaction into several postings.

Procedure for System Administrators

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 FAA_CFG_PARALLEL_VAL009 - The selected areas do not have a commone currency; make new selection ?

  The SAP error message FAA_CFG_PARALLEL_VAL009 indicates that there is a mismatch in the currencies of the selected areas in the Asset Accounting (FI-AA) module. This typically occurs when you are trying to perform a parallel valuation or reporting on assets that are denominated in different currencies.
  Cause:
  
  Currency Mismatch: The selected asset areas (e.g., book value, tax value, etc.) are set up with different currencies. For example, one area might be in local currency while another is in a foreign currency.
  Configuration Issues: The configuration of the asset areas may not be aligned properly, leading to inconsistencies in currency settings.
  Data Entry Errors: Incorrect data entry when setting up asset areas or during transactions can lead to this error.
  
  Solution:
  
  
  Check Asset Area Configuration:
  
  Go to the configuration settings for Asset Accounting (Transaction code: OAYZ).
  Verify that the currency settings for the asset areas you are trying to use are consistent. Ensure that they are all set to the same currency or that you are selecting areas that share a common currency.
  
  
  
  Review Asset Master Data:
  
  Check the asset master records (Transaction code: AS03) for the assets involved. Ensure that the currency settings in the asset master data are consistent across the relevant asset areas.
  
  
  
  Select Compatible Areas:
  
  When making selections for reports or transactions, ensure that you are only selecting asset areas that share the same currency. If necessary, adjust your selection criteria.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources for further guidance on configuring asset areas and handling currency settings.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the configurations and data, consider reaching out to SAP support for assistance. They may provide insights specific to your system configuration.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as AS01 (Create Asset), AS02 (Change Asset), AS03 (Display Asset), and OAYZ (Configuration for Asset Areas).
  Currency Types: Understand the different currency types in SAP (e.g., local currency, group currency, and transaction currency) and how they apply to asset accounting.
  Parallel Valuation: Learn about parallel valuation methods in SAP, which allow for different accounting principles (e.g., IFRS vs. local GAAP) to be applied to the same asset.
  
  By addressing the currency mismatch and ensuring that the selected areas are compatible, you should be able to resolve the FAA_CFG_PARALLEL_VAL009 error.