How To Fix FR656 - Check valuation of document &1: foreign currency &2, local currency &3

SAP Error Message - Details

• Message type: E = Error

• Message class: FR - Messages for FI Reporting

• Message number: 656

• Message text: Check valuation of document &1: foreign currency &2, local currency &3

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 FR656 - Check valuation of document &1: foreign currency &2, local currency &3 ?

  The SAP error message FR656 indicates an issue with the valuation of a document in a foreign currency and local currency context. This error typically arises during the processing of financial documents, particularly when there are discrepancies in currency valuations or when the system cannot properly convert between currencies.
  Cause:
  
  Currency Conversion Issues: The error may occur if the system cannot find a valid exchange rate for the foreign currency specified in the document.
  Missing or Incorrect Exchange Rates: If the exchange rates for the relevant currencies are not maintained in the system, or if they are incorrect, this can lead to valuation issues.
  Document Configuration: There may be issues with the configuration of the document itself, such as incorrect currency settings or missing information.
  Posting Period Issues: The error can also arise if the posting period is closed or if the exchange rate is not valid for the posting date.
  Inconsistent Data: There may be inconsistencies in the data entered in the document, such as mismatched currency codes or incorrect amounts.
  
  Solution:
  
  Check Exchange Rates: Verify that the exchange rates for the relevant currencies are correctly maintained in the system. You can do this by navigating to the transaction code OB08 (Maintain Exchange Rates) and ensuring that the rates are valid for the posting date.
  Review Document Configuration: Check the document for any inconsistencies or missing information. Ensure that the currency settings are correct and that all required fields are filled out.
  Validate Posting Period: Ensure that the posting period is open and that the exchange rate is valid for the date of the transaction.
  Repost the Document: If the document has been incorrectly posted, you may need to reverse it and repost it with the correct information.
  Consult SAP Notes: Check for any relevant SAP Notes that may address this specific error message or provide additional guidance on resolving it.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OB08 (Maintain Exchange Rates), FB03 (Display Document), and FB02 (Change Document) to help troubleshoot the issue.
  SAP Documentation: Refer to SAP Help documentation for detailed information on currency valuation and error messages related to financial postings.
  User Forums and Community: Engage with SAP community forums or user groups where similar issues may have been discussed, and solutions shared.
  
  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 financial accounting within SAP.