How To Fix G06079 - The local currencies of the investee unit and the cons unit are different

SAP Error Message - Details

• Message type: E = Error

• Message class: G06 - SAP Cons - Error Message re. Consolidation of Investments

• Message number: 079

• Message text: The local currencies of the investee unit and the cons unit are different

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 G06079 - The local currencies of the investee unit and the cons unit are different ?

  The SAP error message G06079 indicates that there is a mismatch between the local currencies of the investee unit (the entity in which you are investing) and the consolidating unit (the entity that is consolidating the financial statements). This error typically arises during the consolidation process in SAP, particularly when dealing with financial data from different entities that use different local currencies.
  Cause:
  
  Currency Mismatch: The primary cause of this error is that the local currency of the investee unit does not match the local currency of the consolidating unit. This can happen if the entities are set up with different currencies in their master data.
  Incorrect Configuration: There may be incorrect configuration in the system regarding currency settings for the involved entities.
  Data Entry Errors: Manual data entry errors can also lead to discrepancies in currency settings.
  
  Solution:
  
  
  Check Currency Settings:
  
  Verify the local currency settings for both the investee unit and the consolidating unit in the SAP system. Ensure that they are correctly defined in the master data.
  You can check this in the transaction code OB08 for currency settings or in the relevant master data transactions.
  
  
  
  Adjust Currency Configuration:
  
  If the currencies are indeed different and this is intentional, you may need to adjust the configuration to allow for currency conversion during consolidation.
  Ensure that the appropriate exchange rates are maintained in the system for the currencies involved.
  
  
  
  Use Currency Translation:
  
  If the entities are meant to be consolidated despite having different local currencies, ensure that the currency translation settings are correctly configured. This may involve setting up translation methods and ensuring that exchange rates are maintained.
  
  
  
  Review Consolidation Process:
  
  Review the consolidation process to ensure that it is set up to handle different local currencies appropriately. This may involve consulting with your finance or SAP team to ensure that the consolidation settings are correct.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidance on handling currency issues in consolidation.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OB08 (for maintaining exchange rates), OB22 (for defining currency types), and S_ALR_87012357 (for financial statement reports).
  SAP Notes: Check SAP Notes for any known issues or patches related to currency handling in your version of SAP.
  User Roles: Ensure that users involved in the consolidation process have the appropriate roles and authorizations to make changes to currency settings.
  
  By following these steps, you should be able to resolve the G06079 error and ensure that your consolidation process runs smoothly. If the issue persists, consider reaching out to SAP support for further assistance.