How To Fix GK314 - Book values in local and group currencies of CU &2 must match

SAP Error Message - Details

• Message type: E = Error

• Message class: GK - Messages for SAP Consolidation

• Message number: 314

• Message text: Book values in local and group currencies of CU &2 must match

What causes this issue?

The book values differ even though the local currency &v1& is the same
as the group currency.

System Response

Processing terminated

How to fix this error?

Change the book values of consolidation unit &v2&.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message GK314 - Book values in local and group currencies of CU &2 must match ?

  The SAP error message GK314 indicates that there is a mismatch between the book values in local and group currencies for a specific company code (CU) in the system. This error typically arises during the posting of financial transactions or during the execution of financial reports where both local and group currencies are involved.
  Cause:
  
  Currency Mismatch: The local currency and group currency values for a particular transaction or account do not match. This can happen if there are discrepancies in the exchange rates used or if the values were entered incorrectly.
  Incorrect Configuration: The configuration settings for currency types in the financial accounting module may not be set up correctly.
  Posting Errors: Manual postings or adjustments that do not adhere to the currency conversion rules can lead to this error.
  Data Migration Issues: If data was migrated from another system, inconsistencies in currency values may have been introduced.
  
  Solution:
  
  Check Transaction Data: Review the specific transaction or account that triggered the error. Ensure that the local and group currency values are correctly entered and match.
  Verify Exchange Rates: Check the exchange rates used for currency conversion. Ensure that they are up to date and correctly configured in the system.
  Review Configuration: Go to the configuration settings in SAP (Transaction SPRO) and verify that the currency settings for the company code are correctly defined.
  Adjust Postings: If there are incorrect postings, you may need to reverse or adjust them to ensure that the local and group currency values match.
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on handling currency-related issues.
  Use Transaction Codes: Utilize transaction codes like FB03 (Display Document) to review the document details and identify discrepancies.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as FB01 (Post Document), FB02 (Change Document), and OB22 (Define Currency Types).
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  User Roles: Ensure that users have the appropriate roles and permissions to make changes to financial postings and currency settings.
  Testing: After making adjustments, perform testing in a development or quality assurance environment before applying changes in the production environment.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a financial consultant with expertise in SAP FI (Financial Accounting) for further assistance.