How To Fix FARR_CONTRACT_MAIN775 - First Ex. Rate Difference &1 must be zero for Cond. &2 of POB &3

FARR_CONTRACT_MAIN775 - Overview

• Message type: E = Error

• Message class: FARR_CONTRACT_MAIN - Revenue Accounting: Contract Management

• Message number: 775

• Message text: First Ex. Rate Difference &1 must be zero for Cond. &2 of POB &3

What causes this issue?

Local currency &v1& and transaction currency must have the same amount
because they have the same currency key &v2&.

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

System Response

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_MAIN775 - First Ex. Rate Difference &1 must be zero for Cond. &2 of POB &3 ?

  The SAP error message FARR_CONTRACT_MAIN775 typically occurs in the context of contract management, particularly when dealing with foreign currency transactions and condition records in the SAP system. This error indicates that there is a discrepancy in the exchange rate difference for a specific condition type in a Purchase Order (POB).
  
  Cause:
  The error message is triggered when the system detects that the first exchange rate difference for a specified condition (identified by &2) in a particular Purchase Order (identified by &3) is not zero. This situation can arise due to several reasons, including:
  
  Currency Conversion Issues: The exchange rate used for the transaction may not match the expected rate, leading to a non-zero difference.
  Incorrect Configuration: The condition types or pricing procedures may not be set up correctly in the system.
  Manual Adjustments: Manual changes to pricing conditions or exchange rates that do not align with the expected values.
  Data Entry Errors: Mistakes in entering the