How To Fix FARR_ACCR_MAIN247 - Contr &1 POB &2 balance of trans. and local currency have different signs

SAP Error Message - Details

• Message type: E = Error

• Message class: FARR_ACCR_MAIN - Revenue Accounting - Accrual Management

• Message number: 247

• Message text: Contr &1 POB &2 balance of trans. and local currency have different signs

What causes this issue?

The POB 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_MAIN247 - Contr &1 POB &2 balance of trans. and local currency have different signs ?

  The SAP error message FARR_ACCR_MAIN247 indicates that there is a discrepancy between the transaction currency and the local currency for a specific contract (Contr) and profit object (POB). Specifically, it suggests that the balances in these two currencies have different signs, which is not allowed in the system.
  Cause:
  
  Currency Mismatch: The most common cause of this error is that the amounts in the transaction currency and the local currency are recorded with opposite signs. For example, if the transaction currency shows a credit amount while the local currency shows a debit amount (or vice versa), this will trigger the error.
  Incorrect Configuration: There may be issues with the configuration of the currency settings in the contract or profit object.
  Data Entry Errors: Manual data entry errors can lead to incorrect amounts being recorded in either currency.
  Posting Errors: Errors during posting transactions can also lead to inconsistencies between the two currencies.
  
  Solution:
  
  Review Transactions: Check the transactions related to the contract and profit object in question. Look for any discrepancies in the amounts recorded in both currencies.
  Correct Amounts: If you find that the amounts have been entered incorrectly, correct them to ensure that both currencies reflect the same sign.
  Check Configuration: Review the configuration settings for the contract and profit object to ensure that they are set up correctly regarding currency handling.
  Repost Transactions: If necessary, reverse and repost the transactions to correct any errors that may have occurred during the initial posting.
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on handling currency discrepancies in your version of SAP.
  
  Related Information:
  
  Transaction Codes: You may want to use transaction codes like FBL1N (Vendor Line Item Display) or FBL3N (G/L Account Line Item Display) to review the relevant postings.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional troubleshooting steps.
  Support: If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  By following these steps, you should be able to identify and resolve the issue causing the FARR_ACCR_MAIN247 error message.