How To Fix FARR_RAI388 - Local currency in legacy data condition does not match company code &2

SAP Error Message - Details

• Message type: E = Error

• Message class: FARR_RAI - Revenue Accounting Item

• Message number: 388

• Message text: Local currency in legacy data condition does not match company code &2

What causes this issue?

The local currency keys in legacy data condition item &v1& do not match
the
<DS:TRAN.OB22>local currency settings</> of the related company code
&V2&.

System Response

The legacy data cannot be saved for item &v1&.

How to fix this error?

Correct the legacy data and resend the information.

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_RAI388 - Local currency in legacy data condition does not match company code &2 ?

  The SAP error message FARR_RAI388 indicates that there is a mismatch between the local currency in the legacy data and the company code's local currency in the system. This error typically occurs during the migration or integration of legacy data into the SAP system, particularly in the context of Asset Accounting (FI-AA).
  Cause:
  
  Currency Mismatch: The local currency defined in the legacy data does not match the local currency set for the company code in SAP.
  Incorrect Configuration: The company code may have been configured with a different local currency than what is present in the legacy data.
  Data Import Issues: During data import, the legacy data may not have been correctly mapped to the corresponding company code.
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Verify Company Code Currency:
  
  Check the local currency assigned to the company code in SAP. You can do this by navigating to the transaction code OBY6 (or through the configuration menu).
  Ensure that the local currency of the company code matches the local currency in the legacy data.
  
  
  
  Adjust Legacy Data:
  
  If the legacy data is incorrect, you may need to adjust it to match the local currency of the company code.
  This may involve converting amounts to the correct currency or updating the legacy data to reflect the correct currency.
  
  
  
  Data Mapping:
  
  Ensure that the data mapping during the import process is correctly set up to match the local currency of the company code.
  Review the data import templates or tools being used to ensure they are configured correctly.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or notes related to the specific error message for any additional guidance or updates that may be relevant.
  
  
  
  Testing:
  
  After making the necessary adjustments, perform a test import to ensure that the error does not reoccur.
  
  
  
  Seek Support:
  
  If the issue persists, consider reaching out to SAP support or consulting with an SAP expert who can provide further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as AS01 (Create Asset), AS02 (Change Asset), and AS03 (Display Asset) for managing asset data.
  SAP Notes: Check for any SAP Notes that may address this specific error or provide additional troubleshooting steps.
  Data Migration Tools: If you are using tools like SAP Data Services or LSMW (Legacy System Migration Workbench), ensure that the configurations are correct for currency handling.
  
  By following these steps, you should be able to resolve the FARR_RAI388 error and successfully import your legacy data into the SAP system.