How To Fix FARR_CONTRACT_MAIN417 - POB &2 of contract &1 under company code &3 failed in the currency check.

SAP Error Message - Details

• Message type: E = Error

• Message class: FARR_CONTRACT_MAIN - Revenue Accounting: Contract Management

• Message number: 417

• Message text: POB &2 of contract &1 under company code &3 failed in the currency check.

What causes this issue?

Performance obligation &v2& of contract &v1& under company code &v3&
failed in the currency check. The currency check checks whether the
currency type of the invoice and revenue is the same as that of the
company code.

System Response

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

How to fix this error?

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FARR_CONTRACT_MAIN417 - POB &2 of contract &1 under company code &3 failed in the currency check. ?

  The SAP error message FARR_CONTRACT_MAIN417 indicates that there is a failure in the currency check for a specific contract in the system. This error typically arises in the context of contract management, particularly when dealing with financial contracts in SAP's Flexible Real Estate Management (RE-FX) or similar modules.
  
  Cause:
  The error message can be triggered by several factors, including:
  
  Currency Mismatch: The currency of the contract does not match the currency of the company code or the currency used in the transaction.
  
  Configuration Issues: There may be configuration settings in the system that do not allow for the specified currency to be used with the given company code.
  Missing Currency Settings: The contract may not have the necessary currency settings defined, or the currency may not be activated for the company code.
  Data Entry Errors: Incorrect data entry when creating or modifying the contract can lead to this error.
  
  
  Solution:
  To resolve the error, you can take the