How To Fix FMBAPI014 - Transaction currency &1 differs from local currency &2

SAP Error Message - Details

• Message type: E = Error

• Message class: FMBAPI - BAPI for Budgeting

• Message number: 014

• Message text: Transaction currency &1 differs from local currency &2

What causes this issue?

Transaction currency &V1& differs from local currency &V2&

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?

Only use local currency as the transaction currency.

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 FMBAPI014 - Transaction currency &1 differs from local currency &2 ?

  The SAP error message FMBAPI014 indicates that there is a mismatch between the transaction currency and the local currency in a financial transaction. This error typically arises in the context of financial postings, where the system expects the transaction currency to match the local currency defined for the company code or the specific transaction.
  Cause:
  
  Currency Configuration: The transaction is being processed in a currency that is different from the local currency defined for the company code.
  Incorrect Data Entry: The user may have entered a transaction in a currency that is not allowed or not configured for the specific transaction type.
  Master Data Issues: The master data for the vendor, customer, or other entities may not be set up correctly, leading to currency discrepancies.
  Exchange Rate Issues: There may be issues with the exchange rates defined in the system, which could lead to incorrect currency conversions.
  
  Solution:
  
  Check Company Code Settings: Verify the local currency settings for the company code in the configuration. Ensure that the local currency is correctly defined.
  Review Transaction Currency: Ensure that the transaction currency being used is valid and allowed for the specific transaction type. If necessary, change the transaction currency to match the local currency.
  Correct Master Data: Review and correct the master data for the relevant entities (vendors, customers, etc.) to ensure that the currency settings are appropriate.
  Exchange Rate Maintenance: Check the exchange rates in the system to ensure they are correctly maintained and up to date. If necessary, update the exchange rates.
  Consult Documentation: Refer to SAP documentation or consult with your SAP support team for specific configuration settings related to currencies.
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes like OB22 (to check and maintain currency settings) or OB08 (to maintain exchange rates).
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance.
  User Authorization: Ensure that the user has the necessary authorizations to perform transactions in different currencies.
  Testing: After making changes, perform a test transaction to ensure that the issue is resolved.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.