How To Fix FC453 - Exchange rate type M must be used for valuation view &

FC453 - Overview

• Message type: E = Error

• Message class: FC - FI configuration error messages

• Message number: 453

• Message text: Exchange rate type M must be used for valuation view &

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FC453 - Exchange rate type M must be used for valuation view & ?

  The SAP error message FC453 indicates that there is an issue with the exchange rate type being used in a valuation view. Specifically, it states that the exchange rate type "M" (which typically stands for "Average Rate") must be used for the valuation view in question.
  
  Cause:
  The error occurs when the system is trying to perform a valuation (for example, in foreign currency valuation) and the exchange rate type specified in the configuration or transaction does not match the required exchange rate type "M". This can happen due to:
  
  Incorrect Configuration: The valuation view may be configured to use a different exchange rate type.
  Transaction Settings: The transaction being executed may have been set up with an incorrect exchange rate type.
  Master Data Issues: The master data for the relevant financial documents may not be aligned with the expected exchange rate type.
  
  
  Solution:
  To resolve the error FC453, you can take the following steps:
  
  
  Check Valuation View