How To Fix FINS_MIG_HIST_BAL018 - Local Currency must be &1 for &2 company code

SAP Error Message - Details

• Message type: E = Error

• Message class: FINS_MIG_HIST_BAL -

• Message number: 018

• Message text: Local Currency must be &1 for &2 company code

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message FINS_MIG_HIST_BAL018 - Local Currency must be &1 for &2 company code ?

  The SAP error message FINS_MIG_HIST_BAL018 indicates that there is a mismatch in the local currency settings for a specific company code during a migration or data upload process. This error typically arises when the local currency defined in the system does not match the expected currency for the specified company code.
  Cause:
  
  Currency Mismatch: The local currency for the company code is set to a value that does not match the expected currency. For example, if the company code is set to use EUR as its local currency, but the data being uploaded is in USD, this error will occur.
  Configuration Issues: The company code may not be properly configured in the system, leading to discrepancies in currency settings.
  Data Migration Issues: During data migration, if the historical balances are being uploaded with incorrect currency values, this error can be triggered.
  
  Solution:
  
  
  Check Company Code Configuration:
  
  Go to the transaction code OBY6 (or use the path: SPRO > Financial Accounting > General Settings > Define Company Code).
  Verify that the local currency for the company code matches the expected currency.
  
  
  
  Review Migration Data:
  
  Ensure that the data being uploaded or migrated is in the correct local currency for the specified company code.
  If necessary, convert the data to the correct currency before attempting the upload again.
  
  
  
  Adjust Migration Settings:
  
  If you are using a migration tool (like SAP S/4HANA Migration Cockpit), check the mapping and settings to ensure that the local currency is correctly defined.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or notes related to the specific migration process you are using to ensure compliance with currency requirements.
  
  
  
  Testing:
  
  After making the necessary adjustments, perform a test migration with a small dataset to confirm that the issue has been resolved.
  
  
  
  Related Information:
  
  
  Transaction Codes: 
  
  OBY6: To check and configure company code settings.
  SE16N: To view and analyze data in relevant tables.
  
  
  
  SAP Notes: Check for any relevant SAP Notes that may provide additional guidance or fixes related to this error message.
  
  
  SAP Community: Engage with the SAP Community forums for insights from other users who may have encountered similar issues.
  
  
  By following these steps, you should be able to resolve the FINS_MIG_HIST_BAL018 error and ensure that your data migration process proceeds smoothly.