How To Fix FI249 - Company code currency and FM area currency differ

FI249 - Overview

• Message type: E = Error

• Message class: FI - TR-FM Funds Management

• Message number: 249

• Message text: Company code currency and FM area currency differ

What causes this issue?

In transaction OFUP, you define which local currency type is used to
determine the FM area currency amount. You have chosen a local currency
type that is different to the currency for the FM area for at least one
of your company codes. The system does not allow this.

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?

Choose a local currency type whose assigned local currency matches the
FM area currency for all company codes.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

FI249 - Details

• The SAP error message FI249 indicates that there is a mismatch between the company code currency and the funds management (FM) area currency. This typically occurs when you are trying to post a transaction that involves both the company code and the FM area, but the currencies defined for these two entities do not match.
  
  Cause:
  
  Currency Configuration: The company code is set up with a specific currency (e.g., local currency), while the FM area is configured with a different currency.
  Transaction Posting: When attempting to post a financial transaction, the system checks the currencies of the company code and the FM area. If they differ, the error FI249 is triggered.
  Master Data Issues: The master data for either the company code or the FM area may not be correctly configured, leading to currency discrepancies.
  
  
  Solution:
  
  
  Check Configuration:
  
  Go to the configuration settings for the company code and FM area.
  Ensure that the currencies are aligned. You can