How To Fix FMBGA053 - Local currency is different for company codes &1 and &2

SAP Error Message - Details

• Message type: E = Error

• Message class: FMBGA - Messages for Public-Owned Commercial Operations

• Message number: 053

• Message text: Local currency is different for company codes &1 and &2

What causes this issue?

Company codes &V1& and &V2& have different local currencies &V3& and
&V4&.

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

INCLUDE FMBGA_CHECK_CCODE_CAUSE OBJECT DOKU ID TX

System Response

How to fix this error?

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 FMBGA053 - Local currency is different for company codes &1 and &2 ?

  The SAP error message FMBGA053 indicates that there is a mismatch in the local currencies of two different company codes involved in a transaction or process. This error typically arises when you are trying to perform a financial transaction that involves multiple company codes, and those company codes are set up with different local currencies.
  Cause:
  
  Different Local Currencies: The primary cause of this error is that the two company codes (denoted as &1 and &2 in the error message) have been configured with different local currencies in their respective settings.
  Transaction Involvement: The error often occurs during intercompany transactions, where one company code is trying to post a transaction that involves another company code with a different local currency.
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Company Code Settings:
  
  Go to the transaction code OBY6 (or use the menu path: SPRO > Financial Accounting > General Settings > Company Code > Define Company Code).
  Verify the local currency settings for both company codes involved in the transaction. Ensure that they are set to the same currency if they are meant to transact with each other.
  
  
  
  Adjust Transaction:
  
  If the company codes are meant to operate with different local currencies, you may need to adjust the transaction to accommodate this. This could involve converting currencies or using a different method of posting that does not require a direct transaction between the two company codes.
  
  
  
  Intercompany Transactions:
  
  If the transaction is an intercompany transaction, ensure that the appropriate intercompany pricing and currency conversion settings are in place. You may need to set up a clearing account or use a different approach to handle the currency differences.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or consult with your SAP support team for specific configurations related to your organization's setup.
  
  
  
  Testing:
  
  After making the necessary adjustments, test the transaction again to ensure that the error has been resolved.
  
  
  
  Related Information:
  
  Currency Configuration: The local currency for a company code is defined during the creation of the company code and can be changed only under specific circumstances.
  Intercompany Accounting: In SAP, intercompany accounting can be complex, especially when dealing with multiple currencies. Ensure that all relevant settings are correctly configured to handle such transactions.
  SAP Notes: Check for any relevant SAP Notes that may provide additional insights or solutions related to this error message.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.