How To Fix GU272 - Currency differences will be cleared -> See long text

SAP Error Message - Details

• Message type: E = Error

• Message class: GU - FI-SL utilities

• Message number: 272

• Message text: Currency differences will be cleared -> See long text

What causes this issue?

When clearing differences after the euro conversion, documents are
written to the comparison ledger set up for this purpose.
The documents are posted to the account where the differences occurred
as well as to the clearing account.

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?

Decide if you really want to clear the currency differences (see online
documentation for program RGUCOMP4), and as needed, exclude certain
accounts from the comparison when restarting the transaction.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message GU272 - Currency differences will be cleared -> See long text ?

  The SAP error message GU272, which states "Currency differences will be cleared -> See long text," typically occurs in the context of financial transactions, particularly when dealing with foreign currency transactions and the clearing of open items in accounts.
  Cause:
  The error message GU272 is generally triggered when there are discrepancies in currency amounts that need to be cleared. This can happen due to several reasons, including:
  
  Exchange Rate Differences: When transactions are recorded in different currencies, fluctuations in exchange rates can lead to differences in the amounts that need to be cleared.
  Open Items: There may be open items in the accounts that have not been properly cleared, leading to currency differences.
  Configuration Issues: Incorrect settings in the currency configuration or in the clearing process can also lead to this error.
  Posting Errors: Manual posting errors or incorrect entries in the financial documents can result in currency differences.
  
  Solution:
  To resolve the GU272 error, you can take the following steps:
  
  Check Exchange Rates: Ensure that the exchange rates used for the transactions are correct and up to date. You can do this by reviewing the exchange rate settings in the system.
  Review Open Items: Go to the relevant accounts and check for any open items that need to be cleared. You can use transaction codes like FBL1N (Vendor Line Item Display) or FBL3N (G/L Account Line Item Display) to review open items.
  Clear Open Items: If there are open items that can be cleared, use the appropriate clearing transaction (e.g., F-44 for vendor clearing, F-32 for customer clearing) to clear them.
  Check Configuration: Review the configuration settings related to currency and clearing in the SAP system. Ensure that they are set up correctly according to your organization's requirements.
  Consult Long Text: The error message suggests checking the long text for more details. You can do this by clicking on the message or using transaction code SE91 to look up the message and its long text for specific guidance.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as F-03 (Clear G/L Account), F-04 (Post with Clearing), and F-32 (Clear Customer).
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message. You can search for notes in the SAP Support Portal.
  Documentation: Review SAP documentation or user manuals related to currency management and clearing processes for additional insights.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a financial consultant who specializes in SAP to further investigate the problem.