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

FR656 - Overview

• 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

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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.

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FR656 - Details

• 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