Message type: E = Error
Message class: INM - Message Class for Innovation Management
Message number: 047
Message text: Currency conversion for &1 failed
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INM047
- Currency conversion for &1 failed ?The SAP error message INM047, which states "Currency conversion for &1 failed," typically occurs in the context of currency conversion processes within SAP, particularly in modules related to financial transactions, inventory management, or logistics. The error indicates that the system was unable to perform a currency conversion for a specified amount or value. Causes: Missing Exchange Rate: The most common cause is that there is no exchange rate defined for the currency pair involved in the transaction. Invalid Currency Code: The currency code specified may be incorrect or not recognized by the system. Date Issues: The exchange rate may not be valid for the date of the transaction. Exchange rates are often time-sensitive.
Configuration Issues: There may be configuration issues in the currency settings or in the financial settings of the SAP system. Data Entry Errors: Errors in data entry, such as incorrect amounts or currency codes, can also lead to this error. Solutions: Check Exchange Rates: Go to
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