How To Fix FKKFMCHK012 - Diff. +/- signs for bal. of local currcy/foreign currcy for fund &1 (&2)

SAP Error Message - Details

• Message type: E = Error

• Message class: FKKFMCHK - Funds Management Checks/Derivations in FI-CA

• Message number: 012

• Message text: Diff. +/- signs for bal. of local currcy/foreign currcy for fund &1 (&2)

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 FKKFMCHK012 - Diff. +/- signs for bal. of local currcy/foreign currcy for fund &1 (&2) ?

  The SAP error message FKKFMCHK012 indicates a discrepancy in the signs of the balances for local currency and foreign currency in the context of a fund. This error typically arises during the processing of financial transactions in the SAP system, particularly in the area of Funds Management (FM) or Contract Accounts Receivable and Payable (FI-CA).
  Cause:
  The error occurs when there is an inconsistency between the balances of local currency and foreign currency for a specific fund. This can happen due to several reasons, including:
  
  Incorrect Posting: Transactions may have been posted with incorrect signs (debit/credit) in either local or foreign currency.
  Currency Conversion Issues: Problems during currency conversion can lead to discrepancies in the balances.
  Manual Adjustments: Manual adjustments or corrections made to the balances may not have been properly reflected in both currencies.
  Data Entry Errors: Errors during data entry can lead to mismatched balances.
  
  Solution:
  To resolve the error, you can follow these steps:
  
  Review Transactions: Check the transactions related to the fund in question. Look for any postings that may have incorrect signs or amounts.
  Check Currency Settings: Ensure that the currency settings for the fund are correctly configured. Verify that the local and foreign currency settings are consistent.
  Reconcile Balances: Perform a reconciliation of the balances for local and foreign currencies. Identify any discrepancies and correct them.
  Adjust Postings: If you find any incorrect postings, you may need to reverse or adjust them to ensure that the balances match.
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on handling this error in your version of SAP.
  Use Transaction Codes: Utilize relevant transaction codes (e.g., FBL1N, FBL3N) to analyze the account balances and identify discrepancies.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with transaction codes related to Funds Management and Financial Accounting, such as:
  
  FBL1N: Vendor Line Item Display
  FBL3N: G/L Account Line Item Display
  FBL5N: Customer Line Item Display
  
  
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  User Exits and BAdIs: If custom logic is involved, review any user exits or BAdIs that may affect the posting logic.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a functional consultant who specializes in SAP Financials or Funds Management.