How To Fix LQP_MSG003 - Enter only either direct or indirect exchange rate for item &1.

LQP_MSG003 - Overview

• Message type: E = Error

• Message class: LQP_MSG - Liquidity Plan Messages

• Message number: 003

• Message text: Enter only either direct or indirect exchange rate for item &1.

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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LQP_MSG003 - Details

• The SAP error message LQP_MSG003 indicates that there is an issue with the exchange rate configuration for a specific item in a transaction. This error occurs when both direct and indirect exchange rates are entered for the same item, which is not allowed.
  
  Cause:
  The error arises when:
  
  Both direct and indirect exchange rates are specified for a single item in a transaction.
  The system expects either a direct exchange rate or an indirect exchange rate, but not both.
  
  
  Solution:
  To resolve this error, you can follow these steps:
  
  
  Review the Transaction: Check the transaction where the error occurred. Identify the item that is causing the issue.
  
  
  Check Exchange Rate Entries:
  
  Navigate to the relevant exchange rate settings for the item.
  Ensure that only one type of exchange rate (either direct or indirect) is entered for that item.
  
  
  
  Adjust the Exchange Rate:
  
  If both rates are present, remove one of them based on your business requirements.
  If you need to use a direct