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

FARR_RAI842 - Overview

• 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