How To Fix FS894 - Only manage balances in local curr. for G/L account & in company code &

FS894 - Overview

• Message type: E = Error

• Message class: FS - Messages from Tax Routines / Prenumbered Checks

• Message number: 894

• Message text: Only manage balances in local curr. for G/L account & in company code &

What causes this issue?

You have configured the G/L account to allow postings in currencies
other than the local currency.

System Response

Using a document currency that is different from the local currency may
lead to sending the wrong currency information to the Audit Register
File in the external tax system. If the currencies are always the same
there is no impact.

How to fix this error?

In transaction FS00, check the indicator "Only balances in local
currency". If you just want to turn off this message, go to the IMG
path Financial Accounting --> Financial Accounting Global Settings -->
Tax on Sales/Purchases --> Basic Settings --> Change Message Control
for Taxes.

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

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FS894 - Only manage balances in local curr. for G/L account & in company code & ?

  The SAP error message FS894 indicates that there is an issue with managing balances in a General Ledger (G/L) account in a specific company code. This error typically arises when there is an attempt to post or manage balances in a currency that is not the local currency of the company code.
  
  Cause:
  
  Currency Mismatch: The G/L account is set up to only allow transactions in the local currency of the company code, but the transaction is being attempted in a different currency.
  Account Configuration: The G/L account may be configured to only manage balances in the local currency, which is a common setting for certain types of accounts (e.g., balance sheet accounts).
  Company Code Settings: The company code may have specific settings that restrict transactions to the local currency.
  
  
  Solution:
  
  Check Transaction Currency: Ensure that the transaction you are trying to post is in the local currency of the company code. If it is in