How To Fix FINS_REV_REC048 - Inconsistent currencies for currency type &1 and currency &2, column &3

FINS_REV_REC048 - Overview

• Message type: E = Error

• Message class: FINS_REV_REC - Event Based revenue recognition

• Message number: 048

• Message text: Inconsistent currencies for currency type &1 and currency &2, column &3

What causes this issue?

Some currencies are mandatory for a revenue recognition document to be
posted. The quoted currency is missing.

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?

Inform your system administrator.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

FINS_REV_REC048 - Details

• The SAP error message FINS_REV_REC048 indicates that there is an inconsistency in the currency types and amounts in a financial document or transaction. This error typically arises in the context of revenue recognition or related financial processes where multiple currencies are involved.
  
  Cause:
  The error occurs when:
  
  There is a mismatch between the currency types used in the transaction. For example, if the system expects a certain currency type (like local currency) but finds a different one (like document currency).
  The amounts in different currencies do not align correctly, which can happen if there are issues with currency conversion rates or if the amounts were entered incorrectly.
  The configuration settings for currency types in the relevant financial module may not be set up correctly.
  
  
  Solution:
  To resolve the error, you can take the following steps:
  
  
  Check Currency Configuration:
  
  Verify the configuration of currency types in the relevant financial module (e.g., revenue recognition). Ensure that the currency types are correctly