How To Fix MN824 - Local currency & differs from local currency & of company code &

SAP Error Message - Details

• Message type: E = Error

• Message class: MN - Message class for subsequent settlement (Purchasing)

• Message number: 824

• Message text: Local currency & differs from local currency & of company code &

What causes this issue?

The local currency &V1& of the external data differs from the local
currency &V2& of the company code &V3&.

System Response

The system has recognized the error and has automatically adopted the
local currence &V2& of company code &V3&.

How to fix this error?

Please look into this matter.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message MN824 - Local currency & differs from local currency & of company code & ?

  The SAP error message MN824 indicates that there is a discrepancy between the local currency of the document you are trying to process and the local currency defined for the company code in SAP. This typically occurs during transactions that involve financial postings, such as invoice processing or journal entries.
  Cause:
  
  Currency Mismatch: The document you are trying to post is in a currency that does not match the local currency of the company code.
  Configuration Issues: The company code may not be properly configured to handle transactions in the currency being used.
  Master Data Issues: The vendor or customer master data may have been set up with a different currency than the company code's local currency.
  Transaction Type: Certain transaction types may require specific currency settings that are not being met.
  
  Solution:
  
  Check Document Currency: Verify the currency of the document you are trying to post. Ensure that it matches the local currency of the company code.
  Review Company Code Settings: Go to the company code configuration in SAP and check the local currency settings. Ensure that the local currency is correctly defined.
  
  Transaction Code: OBY6 (for company code settings)
  
  
  Adjust Master Data: If the issue is related to vendor or customer master data, check the currency settings in the master records.
  
  Transaction Code: XK02 (for vendor) or FD02 (for customer)
  
  
  Use Currency Conversion: If you need to post in a different currency, consider using currency conversion features in SAP, if applicable.
  Consult with Finance Team: If you are unsure about the correct currency settings, consult with your finance or accounting team to ensure compliance with financial regulations and practices.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as FB60 (Invoice), FB70 (Customer Invoice), and F-02 (General Posting) to understand where the error might occur.
  SAP Notes: Check SAP Notes for any known issues or patches related to currency handling in your version of SAP.
  Documentation: Review SAP documentation for currency settings and financial postings to ensure you are following best practices.
  
  By addressing the currency mismatch and ensuring that all relevant settings are correctly configured, you should be able to resolve the MN824 error.