How To Fix WEBFI_BALANCES005 - Company codes have differing local currencies

SAP Error Message - Details

• Message type: E = Error

• Message class: WEBFI_BALANCES - Determination of Transaction Figures for Biller Direct

• Message number: 005

• Message text: Company codes have differing local currencies

Self-Explanatory Message

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• What is the cause and solution for SAP error message WEBFI_BALANCES005 - Company codes have differing local currencies ?

  SAP Error Message:
  
  WEBFI_BALANCES005: Company codes have differing local currencies
  
  Cause:
  This error occurs when you are trying to perform an operation (such as consolidating financial data, running reports, or executing processes in SAP Financial Consolidation or Group Reporting) that requires multiple company codes to have the same local currency, but the selected company codes have different local currencies assigned in their master data.
  In SAP, each company code is assigned a local currency (transaction currency) in the company code configuration (transaction OB22). When processes expect uniform local currency across company codes (for example, in consolidation or intercompany reconciliation), differing local currencies cause this error.
  
  When does it typically occur?
  
  During financial consolidation or group reporting processes.
  When running reports or transactions that aggregate or compare balances across multiple company codes.
  When setting up or executing intercompany reconciliation or balance sheet reporting where uniform currency is expected.
  In SAP S/4HANA Group Reporting or SAP Financial Consolidation tools.
  
  
  Solution:
  
  
  Check Local Currency Settings:
  
  Go to transaction OB22 (or SPRO path: Financial Accounting (New) ? Financial Accounting Global Settings (New) ? Ledgers ? Define Company Code).
  Verify the local currency assigned to each company code involved.
  
  
  
  Align Local Currencies:
  
  If the business process requires company codes to have the same local currency, you need to:
  
  Change the local currency of company codes to be uniform (if possible and business-wise correct).
  Note: Changing local currency of a company code is a complex and risky operation, usually not recommended after go-live because it affects all financial postings and historical data.
  
  
  
  
  
  Use Currency Translation/Conversion:
  
  If company codes must have different local currencies, use currency translation or conversion tools within SAP to harmonize data for reporting or consolidation.
  For example, in SAP Group Reporting, define currency translation rules to convert local currencies into a common group currency.
  
  
  
  Adjust Process or Selection:
  
  Limit the process or report to company codes with the same local currency.
  Or configure the process to handle multiple currencies properly (e.g., enable currency translation).
  
  
  
  Consult SAP Notes and Documentation:
  
  Check SAP Notes related to your specific module (e.g., Group Reporting, Financial Consolidation) for any patches or configuration guides.
  
  
  
  
  Related Information:
  
  Transaction OB22: Define company code local currency.
  SAP Group Reporting: Requires consistent currency settings or proper currency translation configuration.
  Currency Translation: Key for consolidating financials across company codes with different local currencies.
  SAP Notes: Search for WEBFI_BALANCES005 or related keywords in SAP Support Portal for module-specific guidance.
  Impact: Changing local currency is a major change; consider consulting SAP FI/CO consultant or SAP support.
  
  
  Summary:
  
  Cause: Company codes involved have different local currencies.
  Solution: Ensure company codes have the same local currency or use currency translation/conversion in consolidation/reporting processes.
  Check: Company code configuration (OB22), process requirements, and currency translation settings.
  
  
  If you provide the exact transaction or process where this error occurs, I can give more tailored advice.