How To Fix FVD_DEFCAP347 - Currency should be &1

FVD_DEFCAP347 - Overview

• Message type: E = Error

• Message class: FVD_DEFCAP - Deferral/Capitalization

• Message number: 347

• Message text: Currency should be &1

Self-Explanatory Message

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FVD_DEFCAP347 - Details

• The SAP error message FVD_DEFCAP347 typically indicates an issue related to currency settings in the system. This error message is often encountered in the context of financial transactions, particularly in the areas of cash management, treasury, or financial accounting.
  
  Cause:
  The error message "Currency should be &1" suggests that the system is expecting a specific currency code (represented by &1) for a transaction or entry, but the provided currency does not match the expected value. This can occur due to several reasons, including:
  
  Incorrect Currency Code: The currency code entered in the transaction does not match the expected currency for the account or transaction type.
  
  Configuration Issues: There may be configuration settings in the SAP system that define which currencies are valid for certain transactions or accounts.
  Master Data Issues: The master data for the relevant financial objects (like customers, vendors, or accounts) may not be set up correctly with the appropriate currency.
  Transaction Type Mismatch: