How To Fix GC314 - Country/currency of company and consolidation company are not the same

SAP Error Message - Details

• Message type: E = Error

• Message class: GC - Error Messages for Consolidation/Extended General Ledger

• Message number: 314

• Message text: Country/currency of company and consolidation company are not the same

What causes this issue?

The country and currency of the company and the consolidation company
must be the same.

System Response

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

How to fix this error?

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message GC314 - Country/currency of company and consolidation company are not the same ?

  The SAP error message GC314 indicates that there is a mismatch between the country or currency of the company code and the consolidation company in a consolidation process. This error typically arises when you are trying to perform a consolidation operation, and the system detects that the company code and the consolidation company do not share the same country or currency settings.
  Cause:
  
  Different Currencies: The company code and the consolidation company may be set up with different currencies. For example, if the company code is in USD and the consolidation company is in EUR, this error will occur.
  Different Countries: The country settings for the company code and the consolidation company may not match. For instance, if the company code is set to the United States and the consolidation company is set to Germany, this will trigger the error.
  Configuration Issues: There may be configuration issues in the SAP system where the settings for the company code or consolidation company are not aligned properly.
  
  Solution:
  
  
  Check Company Code Settings:
  
  Go to the transaction code OBY6 (or SPRO -> Financial Accounting -> General Settings -> Company Code -> Define Company Code).
  Verify the currency and country settings for the company code.
  
  
  
  Check Consolidation Company Settings:
  
  Use transaction code OBY6 or navigate to the relevant configuration area to check the settings for the consolidation company.
  Ensure that the currency and country settings match those of the company code.
  
  
  
  Adjust Settings:
  
  If there is a mismatch, you may need to adjust the settings of either the company code or the consolidation company to ensure they are consistent.
  If necessary, consult with your SAP administrator or financial team to determine the appropriate settings.
  
  
  
  Re-run the Consolidation Process:
  
  After making the necessary adjustments, re-run the consolidation process to see if the error persists.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OBY6, OBY1, and OBY2 for company code and consolidation settings.
  Documentation: Review SAP documentation or help files related to financial accounting and consolidation processes for additional guidance.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message, as there may be updates or fixes available.
  
  If the issue persists after checking and adjusting the settings, it may be beneficial to consult with SAP support or your internal IT team for further assistance.