How To Fix FARR_RAI599 - Message reported when applying currency converting factor to item &

FARR_RAI599 - Overview

• Message type: E = Error

• Message class: FARR_RAI - Revenue Accounting Item

• Message number: 599

• Message text: Message reported when applying currency converting factor to item &

What causes this issue?

A message has been reported when attempting to apply the currency
converting factor to the item's Standalone Selling Price amount.

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?

Check the message reported below this message. Verify that the
currencies have been correctly customized.

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_RAI599 - Message reported when applying currency converting factor to item & ?

  The SAP error message FARR_RAI599 typically occurs in the context of financial accounting and asset accounting when there is an issue with applying a currency conversion factor to a specific item. This error can arise due to various reasons, including incorrect configuration, missing data, or inconsistencies in the currency settings.
  Causes:
  
  Missing Currency Conversion Rates: The currency conversion rates may not be defined for the specific currencies involved in the transaction.
  Incorrect Configuration: The configuration settings for currency conversion in the system may not be set up correctly.
  Data Inconsistencies: There may be inconsistencies in the data related to the item, such as missing or incorrect currency information.
  Invalid Currency Pair: The currency pair being used for conversion may not be valid or may not exist in the system.
  Posting Period Issues: The posting period may be closed or not open for the transaction date, affecting the ability to apply currency conversion.
  
  Solutions:
  
  
  Check Currency Conversion Rates:
  
  Go to