How To Fix FARR_CONTRACT_MAIN419 - First local currency is missing on invoice of performance obligation &1

SAP Error Message - Details

• Message type: E = Error

• Message class: FARR_CONTRACT_MAIN - Revenue Accounting: Contract Management

• Message number: 419

• Message text: First local currency is missing on invoice of performance obligation &1

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message FARR_CONTRACT_MAIN419 - First local currency is missing on invoice of performance obligation &1 ?

  The SAP error message FARR_CONTRACT_MAIN419 indicates that there is an issue with the invoice related to a performance obligation in the context of contract accounting. Specifically, the error states that the "first local currency is missing" for the invoice associated with the performance obligation identified by &1.
  Cause:
  This error typically arises due to one of the following reasons:
  
  
  Missing Currency Configuration: The first local currency for the invoice may not be set up correctly in the system. This can happen if the currency settings for the contract or the performance obligation are incomplete or incorrect.
  
  
  Data Entry Issues: There may be a data entry error where the currency information was not populated correctly when creating the invoice or performance obligation.
  
  
  Master Data Issues: The master data for the customer, vendor, or contract may not have the necessary currency information defined.
  
  
  System Configuration: There could be a configuration issue in the SAP system that prevents the proper assignment of the first local currency.
  
  
  Solution:
  To resolve the error, you can take the following steps:
  
  
  Check Contract and Performance Obligation:
  
  Review the contract and performance obligation associated with the invoice. Ensure that the first local currency is defined correctly in the contract settings.
  
  
  
  Verify Currency Settings:
  
  Go to the relevant configuration settings in SAP (Transaction Code: SPRO) and check the currency settings for the contract accounting module. Ensure that the first local currency is set up properly.
  
  
  
  Review Master Data:
  
  Check the master data for the customer or vendor involved in the transaction. Ensure that the currency information is complete and accurate.
  
  
  
  Invoice Data Entry:
  
  If the invoice was manually created, verify that all required fields, including currency fields, were filled out correctly.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidance on handling currency-related issues in contract accounting.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the above points, consider reaching out to SAP support for further assistance. They may provide insights based on the specific configuration of your SAP system.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as:
  
  FBL1N: Vendor Line Item Display
  FBL5N: Customer Line Item Display
  F-28: Post Incoming Payments
  F-32: Clear Customer
  
  
  SAP Notes: Check for any SAP Notes related to this error message for additional fixes or patches that may be applicable to your version of SAP.
  User Forums: Engage with SAP community forums or user groups where similar issues may have been discussed, and solutions shared.
  
  By following these steps, you should be able to identify and resolve the issue causing the FARR_CONTRACT_MAIN419 error message.