How To Fix RTP056 - There are accounts in a different currency than the plan currency.

SAP Error Message - Details

• Message type: E = Error

• Message class: RTP - Message class for retirement plans (US enhancement)

• Message number: 056

• Message text: There are accounts in a different currency than the plan currency.

What causes this issue?

There are portfolio accounts<(>,,<)> which are associated to this plan
and which have another currency than the plan currency. Therefore, the
Fair Market Value could not be properly determined.

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?

Please make sure that all the portfolio accounts register their funds
in the same currency as the plan currency.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message RTP056 - There are accounts in a different currency than the plan currency. ?

  The SAP error message RTP056 indicates that there are accounts in a different currency than the plan currency in a planning or budgeting scenario. This typically occurs in the context of financial planning, where the system expects all accounts to be in the same currency for accurate calculations and reporting.
  Cause:
  
  Currency Mismatch: The primary cause of this error is that some accounts in the planning version are set up with a currency that differs from the plan currency defined in the planning environment.
  Configuration Issues: There may be configuration issues in the planning settings or master data that lead to this mismatch.
  Data Entry Errors: Users may have inadvertently entered data in the wrong currency for certain accounts.
  
  Solution:
  
  Check Plan Currency Settings: Verify the plan currency settings in the planning environment. Ensure that the plan currency is correctly defined and that all relevant accounts are set to use this currency.
  Review Account Settings: Go through the account master data to check the currency settings for each account. Make sure that all accounts involved in the planning process are set to the same currency as the plan currency.
  Adjust Data Entries: If there are specific entries causing the issue, correct them by either changing the currency of the entries to match the plan currency or by converting the amounts to the plan currency.
  Use Currency Conversion: If necessary, consider using currency conversion functions within SAP to convert amounts from one currency to another, ensuring that all data aligns with the plan currency.
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on handling currency issues in your version of SAP.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as KP06 (Cost Center Planning) or CST1 (Cost Center Planning: Display) to review planning data.
  SAP Notes: Check for any SAP Notes related to RTP056 for additional insights or patches that may address known issues.
  User Roles and Permissions: Ensure that users have the appropriate roles and permissions to make changes to account settings and planning data.
  Testing: After making changes, conduct thorough testing to ensure that the error is resolved and that the planning process functions as expected.
  
  By following these steps, you should be able to resolve the RTP056 error and ensure that your planning data is consistent and accurate.