How To Fix FARR_RAI842 - Local currencies of item &1 differ from local currencies in comp. code &2

SAP Error Message - Details

• Message type: E = Error

• Message class: FARR_RAI - Revenue Accounting Item

• Message number: 842

• Message text: Local currencies of item &1 differ from local currencies in comp. code &2

What causes this issue?

The source system has transferred revenue accounting item &v1& with a
local currency that differs from the local currency settings in company
code &v2&.
If the source component and Revenue Accounting and Reporting run in
different systems, you have to make sure master data and configuration
are aligned. Revenue Accounting and Reporting does not provide key
mapping or value mapping.

System Response

Revenue accounting item &v1& cannot be processed.

How to fix this error?

If the revenue accounting item has been transferred from another system,
make sure the company code currencies are maintained consistently in
both systems. All local currencies used in the revenue accounting system
must be transferred by the sender system.
If the error occurs while you are creating revenue accounting items
using a SAP standard function, contact SAP.
If you are creating revenue accounting items using an you own function,
contact your system administrator.

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_RAI842 - Local currencies of item &1 differ from local currencies in comp. code &2 ?

  The SAP error message FARR_RAI842 indicates that there is a mismatch between the local currencies of a specific item and the local currencies defined in the company code. This error typically occurs in the context of financial accounting and asset accounting when processing transactions related to fixed assets or other financial items.
  Cause:
  The error arises when:
  
  The local currency of the item (e.g., a fixed asset) does not match the local currency defined for the company code.
  There may be inconsistencies in the configuration of currencies in the asset master data or in the company code settings.
  The transaction being processed is attempting to reference an item with a currency that is not compatible with the company code's local currency.
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check the Company Code Configuration:
  
  Go to the transaction code OBY6 (or use the menu path: SPRO > Financial Accounting > Financial Accounting Global Settings > Company Code > Edit, Copy, Delete, Check Company Code).
  Verify the local currency defined for the company code in question.
  
  
  
  Review the Asset Master Data:
  
  Use transaction code AS03 to display the asset master record.
  Check the currency settings for the asset. Ensure that the local currency of the asset matches the local currency of the company code.
  
  
  
  Adjust the Currency Settings:
  
  If there is a mismatch, you may need to adjust the currency settings in the asset master record. This may involve creating a new asset with the correct currency or changing the currency settings if permissible.
  
  
  
  Check Transaction Data:
  
  If the error occurs during a specific transaction, review the transaction data to ensure that all relevant items are using the correct local currency.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or consult with your SAP support team for any specific configurations or settings that may need to be adjusted.
  
  
  
  Testing:
  
  After making the necessary adjustments, re-attempt the transaction to see if the error persists.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  AS03: Display Asset Master Record
  OBY6: Company Code Settings
  FBL1N: Vendor Line Item Display (if applicable)
  FBL3N: G/L Account Line Item Display (if applicable)
  
  
  
  SAP Notes:
  
  Check SAP Notes for any known issues or patches related to this error message. You can search for the error message number in the SAP Support Portal.
  
  
  
  Configuration Guides:
  
  Review configuration guides related to asset accounting and currency settings in SAP to ensure compliance with best practices.
  
  
  
  By following these steps, you should be able to identify and resolve the cause of the FARR_RAI842 error message in SAP.