How To Fix FOT_TXA047 - Currency &1 of Company &2 does not match Country Currency &3.

FOT_TXA047 - Overview

• Message type: E = Error

• Message class: FOT_TXA - Tax abroad messages

• Message number: 047

• Message text: Currency &1 of Company &2 does not match Country Currency &3.

What causes this issue?

The currency of the company does not match the currency of the company
code country

System Response

RITA cannot be activated for the company

How to fix this error?

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

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

FOT_TXA047 - Details

• The SAP error message FOT_TXA047 indicates a mismatch between the currency defined for a specific company code and the country currency associated with that company code. This error typically arises during transactions that involve currency conversion or when trying to post documents in a company code that has a different currency than what is expected based on the country settings.
  
  Cause:
  
  Currency Configuration: The company code is set up with a currency that does not match the currency defined for the country in which the company code is located.
  Master Data Issues: The master data for the company code or the relevant transaction may have incorrect currency settings.
  Transaction Settings: The transaction being processed may require a specific currency that is not aligned with the company code's currency.
  
  
  Solution:
  
  
  Check Company Code Settings:
  
  Go to the transaction code OBY6 (or SPRO -> Financial Accounting -> General Settings -> Define Company Code) and verify the currency settings for