How To Fix WS488 - Local currency has been converted since archiving, ex. rates are adjusted

SAP Error Message - Details

• Message type: E = Error

• Message class: WS - Supplier Billing Document

• Message number: 488

• Message text: Local currency has been converted since archiving, ex. rates are adjusted

Self-Explanatory Message

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• What is the cause and solution for SAP error message WS488 - Local currency has been converted since archiving, ex. rates are adjusted ?

  SAP Error Message:
  
  WS488 - Local currency has been converted since archiving, ex. rates are adjusted
  
  Cause:
  This error occurs during the archiving or data retrieval process in SAP Financial Accounting (FI) when the local currency amounts in archived documents differ from the current system values due to changes in exchange rates or currency conversion settings after the documents were archived.
  Specifically, the system detects that the local currency amounts have been recalculated or converted differently since the time of archiving because:
  
  Exchange rates have been updated or adjusted after archiving.
  Currency conversion settings or valuation methods have changed.
  The archived data contains currency amounts that no longer match the current conversion logic.
  
  This inconsistency causes the system to raise the WS488 warning/error to prevent incorrect financial reporting or data inconsistencies.
  
  Explanation:
  
  When documents are archived, their currency amounts are stored based on the exchange rates and conversion rules valid at that time.
  If exchange rates or conversion rules change later, the system tries to re-convert or validate these amounts during retrieval or reporting.
  If the recalculated local currency amounts differ from the archived values, SAP raises WS488 to indicate a mismatch.
  
  
  Solution:
  
  
  Check Exchange Rate Changes:
  
  Review if exchange rates have been changed or updated after the archiving date.
  Verify if any manual adjustments or corrections were made to exchange rates.
  
  
  
  Use the Correct Exchange Rates for Archiving:
  
  Ensure that the exchange rates used during archiving are consistent and not changed afterward.
  If necessary, restore or lock exchange rates for the archiving period to prevent changes.
  
  
  
  Reconcile Currency Differences:
  
  If the differences are minor and acceptable, you may proceed with archiving or retrieval by acknowledging the warning.
  For significant differences, investigate the cause and correct exchange rates or conversion settings.
  
  
  
  Adjust Archiving or Retrieval Program Parameters:
  
  Some archiving objects or programs allow parameters to control currency conversion behavior.
  Check SAP Notes or documentation for specific parameters to handle currency conversion during archiving.
  
  
  
  SAP Notes and Support:
  
  Search for relevant SAP Notes related to WS488 for your SAP version.
  Example SAP Note: "WS488 error message during archiving due to exchange rate changes" (Note number varies by system and version).
  
  
  
  Consult FI/CO Team:
  
  Coordinate with Finance and Controlling teams to understand currency valuation methods and exchange rate policies.
  
  
  
  
  Related Information:
  
  Archiving Object: FI_DOCUM (Financial Accounting Documents) or related archiving objects.
  Transaction Codes:  
  
  SARA - Archive Administration  
  FAGL_ARC or other archiving programs depending on your SAP system.
  
  
  Exchange Rate Tables:  
  
  TCURR (Exchange Rates)  
  TCURF (Exchange Rate Types)
  
  
  Currency Conversion Settings:  
  
  OB08 (Maintain Exchange Rates)  
  OB22 (Currency Translation Ratios)
  
  
  
  
  Summary:
  
  
  
  Aspect
  Details
  
  
  
  
  Cause
  Exchange rates or currency conversion changed after archiving, causing local currency mismatch.
  
  
  Effect
  SAP raises WS488 error to prevent inconsistent financial data retrieval.
  
  
  Solution
  Verify and stabilize exchange rates, adjust archiving parameters, consult SAP Notes.
  
  
  Related Info
  Archiving object FI_DOCUM, transaction SARA, exchange rate tables TCURR, OB08.
  
  
  
  
  If you need further assistance, please provide details about your SAP system version, archiving object, and the exact scenario when the error occurs.