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company code currency is different to the FM area currency

Former Member
0 Kudos

Sir,

There is 2 companis one in India and one in USA as such the currency diffence is coming and the error comes as :-

company code currency is different to the FM area currency

Please resolve

Also Not able to do the Cost Centre budget upload in KP06

1 ACCEPTED SOLUTION

Former Member
0 Kudos

Hi Tushar,

Just have two different FM areas for each of the company codes in India and US.

Regards

View solution in original post

2 REPLIES 2

Former Member
0 Kudos

Hi Tushar,

Just have two different FM areas for each of the company codes in India and US.

Regards

0 Kudos

Hi,

if both company codes have to be assigned to the same FM Area (which I guess is your scenario), you should define at company code level at least one currency matching the one defined in the FM Area.

Check the online help:

[http://help.sap.com/saphelp_erp60_sp/helpdata/en/f0/ca5716260211d28a430000e829fbbd/frameset.htm]

Within 'Master data -> Enterprise Structure - Organizational Units ->Organizational Structures - Assignments ':

......

The FM area is derived from the Financial Accounting organizational unit, the Company Code by assigning the company code relevant for Funds Management in your organization to an FM area. One or more company codes can be assigned to an FM area.

With this assignment, you must note that the currency of each company code assigned to the FM area must match the FM area currency.

If the 1 local currency (currency 10 = company code currency) of all company codes assigned to an FM area does not match the FM area currency, you must manage an additional local currency in these company codes. The additional local currencies must have the same currency type and the same currency as the FM area currency.

You define the additional local currencies in the Customizing of Financial Accounting in IMG activity Define Additional Local Currencies and of Funds Management Government in IMG activity Make Other Settings.

....

hope this helps

Regards

Mar