How To Fix RE075 - Company code and FM area have different currencies

SAP Error Message - Details

• Message type: E = Error

• Message class: RE - Earmarked funds

• Message number: 075

• Message text: Company code and FM area have different currencies

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message RE075 - Company code and FM area have different currencies ?

  The SAP error message RE075 indicates that there is a mismatch between the currency settings of the company code and the funds management (FM) area. This error typically occurs when you are trying to post a transaction that involves both a company code and a funds management area that are set up with different currencies.
  Cause:
  
  Different Currencies: The company code is configured to use one currency (e.g., local currency), while the funds management area is configured to use another currency (e.g., controlling area currency or a different local currency).
  Configuration Issues: This can happen due to incorrect configuration in the system settings for either the company code or the funds management area.
  Transaction Posting: When attempting to post a transaction that involves both the company code and the FM area, the system checks for currency consistency and raises this error if they do not match.
  
  Solution:
  
  
  Check Configuration:
  
  Go to the configuration settings for the company code and the funds management area.
  Ensure that both are set to use the same currency. You can check this in the following paths:
  
  For Company Code: SPRO ? Financial Accounting ? Financial Accounting Global Settings ? Company Code ? Edit, Copy, Delete, Check Company Code.
  For Funds Management Area: SPRO ? Public Sector Management ? Funds Management ? Master Data ? Define Funds Management Areas.
  
  
  
  
  
  Adjust Currency Settings:
  
  If you find that the currencies are different, you may need to adjust the settings to ensure they match. This may involve changing the currency of the funds management area or the company code, depending on your business requirements.
  
  
  
  Consult with Finance Team:
  
  Before making changes, consult with your finance team or SAP consultant to ensure that the changes align with your organization's financial policies and reporting requirements.
  
  
  
  Testing:
  
  After making the necessary adjustments, perform a test transaction to ensure that the error is resolved and that the system allows the posting without issues.
  
  
  
  Related Information:
  
  Transaction Codes: You may use transaction codes like OBY6 (to check company code settings) and FMAVC (to check funds management settings) to navigate directly to the relevant configuration areas.
  Documentation: Refer to SAP Help documentation for detailed guidance on configuring company codes and funds management areas.
  Support: If the issue persists after checking configurations, consider reaching out to SAP support or your internal SAP support team for further assistance.
  
  By ensuring that the currencies for both the company code and the funds management area are aligned, you should be able to resolve the RE075 error and proceed with your transactions.