How To Fix FARR_RAI359 - Transaction currency must not be initial for items with ID &1

SAP Error Message - Details

• Message type: E = Error

• Message class: FARR_RAI - Revenue Accounting Item

• Message number: 359

• Message text: Transaction currency must not be initial for items with ID &1

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FARR_RAI359 - Transaction currency must not be initial for items with ID &1 ?

  The SAP error message FARR_RAI359 indicates that there is an issue with the transaction currency for a specific item in the Asset Accounting (FI-AA) module. The error message states that the transaction currency must not be initial (i.e., it cannot be empty) for items with a specific ID.
  Cause:
  This error typically occurs when you are trying to process an asset transaction (such as acquisition, transfer, or retirement) and the transaction currency field is not filled in for one or more items. The system requires a valid currency to perform calculations and record the transaction properly.
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check the Item ID: Identify the item ID mentioned in the error message. This will help you locate the specific transaction that is causing the issue.
  
  
  Review Transaction Currency: 
  
  Go to the relevant transaction in SAP (e.g., asset acquisition, transfer, etc.).
  Check the details of the item associated with the ID mentioned in the error message.
  Ensure that the transaction currency field is filled in correctly. If it is empty, enter the appropriate currency (e.g., EUR, USD).
  
  
  
  Validate Configuration: 
  
  Ensure that the asset master data is correctly configured with the appropriate currency settings.
  Check if the currency settings in the company code and controlling area are correctly defined.
  
  
  
  Reprocess the Transaction: After correcting the currency information, try to reprocess the transaction that generated the error.
  
  
  Consult Documentation: If you are unsure about the correct currency to use, refer to your organization's financial policies or consult with your finance department.
  
  
  Check for Customizations: If your SAP system has custom developments or enhancements, ensure that they are not affecting the currency fields.
  
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes like AS01 (Create Asset), AS02 (Change Asset), or ABZON (Transfer within Company Code) to access and modify asset data.
  SAP Notes: Check for any relevant SAP Notes that might address this specific error or provide additional guidance.
  Documentation: Review SAP documentation related to Asset Accounting for more details on transaction currencies and asset management.
  
  If the issue persists after following these steps, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.