How To Fix FC147 - Company code has different currency from controlling area

SAP Error Message - Details

• Message type: E = Error

• Message class: FC - FI configuration error messages

• Message number: 147

• Message text: Company code has different currency from controlling area

What causes this issue?

Controlling area &V2& has been allocated to company code &V1&.
However, this controlling area has been assigned a different currency to
that of the company code.

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

System Response

How to fix this error?

Check the company code currency and the controlling area currency.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FC147 - Company code has different currency from controlling area ?

  The SAP error message FC147 indicates that there is a mismatch between the currency of the company code and the currency of the controlling area. This can occur when you attempt to post a transaction that involves both the company code and the controlling area, but they are set up with different currencies.
  Cause:
  
  Currency Mismatch: The company code is configured with a different currency than the controlling area. For example, if the company code is set to use USD and the controlling area is set to use EUR, this error will occur.
  Configuration Issues: This can happen if the controlling area was created after the company code, or if there were changes made to the currency settings in either the company code or the controlling area.
  
  Solution:
  To resolve the FC147 error, you need to ensure that the currency settings for the company code and the controlling area are aligned. Here are the steps to do this:
  
  
  Check Company Code Currency:
  
  Go to transaction code OBY6 (or SPRO -> Financial Accounting -> General Settings -> Company Code -> Define Company Code).
  Verify the currency assigned to the company code.
  
  
  
  Check Controlling Area Currency:
  
  Go to transaction code OKKP (or SPRO -> Controlling -> General Controlling -> Organization -> Maintain Controlling Area).
  Verify the currency assigned to the controlling area.
  
  
  
  Align Currencies:
  
  If the currencies are different, you will need to either change the currency of the company code or the controlling area to match each other. Note that changing the currency of a company code or controlling area can have significant implications and should be done with caution.
  If you need to change the currency, you may need to consult with your SAP Basis or Financial team to ensure that this is done correctly and that all necessary adjustments are made.
  
  
  
  Testing:
  
  After making the necessary changes, test the transaction again to ensure that the error is resolved.
  
  
  
  Related Information:
  
  Impact of Currency Changes: Changing the currency of a company code or controlling area can affect historical data, reporting, and other configurations. It is advisable to perform such changes in a test environment first and to have a backup of your data.
  Documentation: Refer to SAP documentation or consult with your SAP support team for detailed steps and implications of changing currency settings.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OBY6, OKKP, and others related to financial and controlling configurations.
  
  If you continue to experience issues after checking the currency settings, it may be beneficial to consult with an SAP expert or your internal SAP support team for further assistance.