How To Fix FARR_ACCR_MAIN246 - Contract &1 balance of trans. and local currency have different signs

FARR_ACCR_MAIN246 - Overview

• Message type: E = Error

• Message class: FARR_ACCR_MAIN - Revenue Accounting - Accrual Management

• Message number: 246

• Message text: Contract &1 balance of trans. and local currency have different signs

What causes this issue?

The contract balance amount in transaction currency and local currency
have different signs in the migration phase.

System Response

The liability asset calculation for the contract in the migration period
failed.

How to fix this error?

The program FARR_ED_MIGRATION_CALC must be executed before the system is
switch to the production phase.

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 FARR_ACCR_MAIN246 - Contract &1 balance of trans. and local currency have different signs ?

  The SAP error message FARR_ACCR_MAIN246 indicates that there is a discrepancy between the transaction currency and the local currency for a specific contract. Specifically, it means that the balance of the contract in transaction currency and local currency have different signs, which is not allowed in the system.
  
  Cause:
  
  Currency Mismatch: The most common cause of this error is that the amounts recorded in the transaction currency and local currency are not aligned correctly. For example, if the transaction currency shows a positive balance while the local currency shows a negative balance (or vice versa), this error will occur.
  Incorrect Posting: There may have been an incorrect posting or adjustment made to the contract that resulted in this discrepancy.
  Currency Conversion Issues: If there are issues with currency conversion rates or settings, it could lead to inconsistencies in how balances are displayed in different currencies.
  
  
  Solution:
  
  Review Contract Balances: Check the balances of the contract in