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

SAP Error Message - Details

• 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.

Smart SAP Assistant

• What is the cause and solution for SAP error message FI249 - Company code currency and FM area currency differ ?

  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 check this in the following paths:
  
  For Company Code: SPRO ? Financial Accounting ? General Ledger Accounting ? Master Data ? G/L Account ? Prepare G/L Account Creation ? Define Company Code.
  For FM Area: SPRO ? Public Sector Management ? Funds Management ? Master Data ? Define FM Area.
  
  
  
  
  
  Adjust Currency Settings:
  
  If the currencies are indeed different and should be the same, you may need to change the currency settings for either the company code or the FM area.
  If the currencies are meant to be different, ensure that the transaction you are trying to post is valid under the current configuration.
  
  
  
  Review Transaction Data:
  
  Check the transaction data you are trying to post. Ensure that it is correctly set up to reflect the appropriate currencies.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or consult with your SAP support team for specific guidance on how to resolve currency discrepancies.
  
  
  
  Testing:
  
  After making changes, perform a test transaction to ensure that the error no longer occurs.
  
  
  
  Related Information:
  
  Transaction Codes: You may use transaction codes like OBY6 (for company code settings) and FMX1 (for FM area settings) to access the relevant configuration screens.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional troubleshooting steps.
  User Roles: Ensure that you have the necessary authorizations to make changes to the configuration settings.
  
  By following these steps, you should be able to resolve the FI249 error and ensure that your company code and FM area currencies are correctly aligned for financial transactions.