How To Fix FE598 - The company codes entered 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: 598

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

What causes this issue?

The system determined that the company codes specified in the form
supporting this report are kept in various local currencies. The report
you wish to execute 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?

In the form, only enter company codes that are kept in the same local
currency. Restart the report.

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 FE598 - The company codes entered have to have the same local currency ?

  The SAP error message FE598 indicates that there is a mismatch in the local currencies of the company codes involved in a transaction. This error typically occurs when you are trying to perform a financial 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 you are trying to use in the transaction have different local currencies defined in their configuration.
  Transaction Type: Certain transactions, such as intercompany transactions, require that all involved company codes share the same local currency.
  Configuration Issues: There may be a misconfiguration in the company code settings, where one or more company codes have been set up with a different local currency than expected.
  
  Solution:
  
  
  Check Company Code Settings:
  
  Go to the transaction code OBY6 (or navigate through the SAP menu: Financial Accounting > Financial Accounting Global Settings > Company Code > Edit, Copy, Delete, Check Company Code).
  Verify the local currency settings for each company code involved in the transaction. Ensure that they are set to the same currency.
  
  
  
  Adjust Transaction:
  
  If the company codes must remain with different local currencies, consider adjusting the transaction to involve only company codes with the same local currency.
  Alternatively, if the transaction is meant to be intercompany, ensure that the necessary configurations for intercompany transactions are in place.
  
  
  
  Consult with Finance Team:
  
  If you are unsure about changing the local currency settings, consult with your finance team or SAP functional consultant to understand the implications of changing the local currency for a company code.
  
  
  
  Use Currency Conversion:
  
  If the transaction requires it, consider using currency conversion methods to handle transactions between different currencies, but this may require additional configuration.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OBY6, OBY2 (for company code settings), and OB22 (for currency settings).
  Documentation: Review SAP documentation or help files related to company code configuration and currency settings for more detailed guidance.
  SAP Notes: Check SAP Notes for any known issues or additional guidance related to this error message.
  
  By ensuring that the company codes involved in your transaction have the same local currency, you should be able to resolve the FE598 error.