How To Fix FE597 - The company codes you specify have to have the same local currency

SAP Error Message - Details

• Message type: E = Error

• Message class: FE - CO-PA module pool messages

• Message number: 597

• Message text: The company codes you specify have to have the same local currency

What causes this issue?

The system has determined that the company codes you entered are kept
in various local currencies. The report you wish to carry out can,
however, only process data records of the same currency.

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?

Only enter company codes that are kept in the same local currency.

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 FE597 - The company codes you specify have to have the same local currency ?

  The SAP error message FE597 indicates that there is a mismatch in the local currencies of the company codes you are trying to work with in a financial transaction. This error typically arises when you attempt to perform a transaction that involves multiple company codes, and those company codes are set up with different local currencies in the system.
  Cause:
  
  
  Different Local Currencies: The primary cause of this error is that the company codes involved in the transaction have different local currencies defined in their configuration. For example, if Company Code A is set to USD and Company Code B is set to EUR, you will encounter this error when trying to execute a transaction that involves both company codes.
  
  
  Transaction Type: Certain transactions, such as intercompany postings or consolidations, require that all involved company codes share the same local currency.
  
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Company Code Configuration:
  
  Go to the transaction code OBY6 (or navigate through the SAP menu: SPRO > Financial Accounting > General Settings > Company Code > Define Company Code).
  Verify the local currency settings for the company codes involved in the transaction. Ensure that they are set to the same currency.
  
  
  
  Adjust Transaction:
  
  If it is not feasible to change the local currency of the company codes, consider adjusting the transaction to involve only company codes with the same local currency.
  
  
  
  Consult with Finance Team:
  
  If you are unsure about changing the local currency settings, consult with your finance or accounting team to understand the implications of such changes.
  
  
  
  Use Currency Translation:
  
  If the transaction must involve different currencies, consider using currency translation features in SAP to convert amounts as needed, but be aware that this may not be applicable for all transaction types.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OBY6, OBY2 (for defining currencies), and FB50 (for general ledger postings).
  Documentation: Review SAP documentation or help files related to financial accounting and company code configuration for more detailed guidance.
  SAP Notes: Check SAP Notes for any specific patches or updates related to this error message, as there may be known issues or fixes provided by SAP.
  
  By ensuring that the company codes involved in your transaction have the same local currency, you should be able to resolve the FE597 error and proceed with your financial activities in SAP.