How To Fix PM253 - G/L account currency &1 and clearing acct currency &2 are not identical

SAP Error Message - Details

• Message type: E = Error

• Message class: PM - Extended Payment Functions

• Message number: 253

• Message text: G/L account currency &1 and clearing acct currency &2 are not identical

What causes this issue?

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

System Response

How to fix this error?

For cash deconcentration, the currencies of the sending and receiving
accounts must be the same. In this case, different currencies have been
identified. Because of this, account table TTRCD must first be cleaned
up! <DS:TRAN.TRCD>Execute Function</>

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message PM253 - G/L account currency &1 and clearing acct currency &2 are not identical ?

  The SAP error message PM253 indicates that there is a mismatch between the currency of the General Ledger (G/L) account and the currency of the clearing account in a transaction. This typically occurs in the context of financial postings where the system expects both accounts to be in the same currency for the transaction to be processed correctly.
  Cause:
  
  Currency Mismatch: The G/L account and the clearing account are set up with different currencies. For example, the G/L account might be in USD while the clearing account is in EUR.
  Configuration Issues: The accounts may not be configured correctly in the system, leading to discrepancies in currency settings.
  Transaction Data: The transaction being processed may involve multiple currencies, and the system is unable to reconcile them due to the mismatch.
  
  Solution:
  
  
  Check Account Configuration:
  
  Go to the G/L account settings in the SAP system and verify the currency settings for both the G/L account and the clearing account.
  Ensure that both accounts are set to the same currency.
  
  
  
  Adjust Transaction Data:
  
  If the transaction involves multiple currencies, consider converting the amounts to match the currency of the G/L account or the clearing account.
  Use appropriate exchange rates if necessary.
  
  
  
  Use Correct Accounts:
  
  If the accounts are meant to be in different currencies, you may need to use different accounts that are configured with the same currency for the transaction.
  
  
  
  Consult with Finance Team:
  
  If you are unsure about the correct accounts to use or how to proceed, consult with your finance or accounting team to ensure compliance with financial policies.
  
  
  
  Review Configuration Settings:
  
  If this issue is recurring, it may be necessary to review the overall configuration of the financial module in SAP to ensure that all accounts are set up correctly.
  
  
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes like FS00 (G/L Account Master Data) to check account settings or FB50 (G/L Account Document Entry) to review the transaction.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  Documentation: Refer to SAP documentation for detailed guidelines on managing G/L accounts and currency settings.
  
  By addressing the currency mismatch and ensuring that the accounts involved in the transaction are correctly configured, you should be able to resolve the PM253 error.