How To Fix MDIF061 - Incorrect currency translation ratio: SAP system: &:&, external: &:&

SAP Error Message - Details

• Message type: E = Error

• Message class: MDIF - Treasury Market Data Message Class (TMDMC)

• Message number: 061

• Message text: Incorrect currency translation ratio: SAP system: &:&, external: &:&

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 MDIF061 - Incorrect currency translation ratio: SAP system: &:&, external: &:& ?

  The SAP error message MDIF061 indicates an issue with currency translation ratios in the context of Material Management or Inventory Management. This error typically arises when there is a mismatch between the currency translation ratios defined in the SAP system and those provided externally (for example, from a data upload or integration with another system).
  Cause:
  
  Currency Translation Ratio Mismatch: The error occurs when the currency translation ratio defined in the SAP system does not match the external ratio being used for a transaction or data upload.
  Missing or Incorrect Exchange Rates: The exchange rates for the currencies involved may not be maintained correctly in the system.
  Configuration Issues: There may be configuration issues in the currency settings or translation settings in the SAP system.
  Data Upload Errors: If the error occurs during a data upload, it may be due to incorrect data formatting or values being sent from the external system.
  
  Solution:
  
  Check Exchange Rates: Verify that the exchange rates for the currencies involved are correctly maintained in the SAP system. You can do this by navigating to the transaction code OB08 (Maintain Exchange Rates) and ensuring that the rates are up to date.
  Review Currency Translation Ratios: Check the currency translation ratios defined in the system. Ensure that they match the expected values for the currencies involved in the transaction.
  Correct Data Upload: If the error occurs during a data upload, review the data being sent from the external system. Ensure that the currency values and translation ratios are correctly formatted and valid.
  Configuration Review: Review the configuration settings related to currency translation in the SAP system. This may involve checking the settings in the relevant modules (e.g., Material Management, Financial Accounting).
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on handling currency translation issues.
  
  Related Information:
  
  Transaction Codes: 
  
  OB08: Maintain Exchange Rates
  OBA1: Define Currency Translation
  
  
  SAP Notes: Check for any relevant SAP Notes that may address known issues or provide additional guidance on this error.
  Support: If the issue persists after checking the above points, consider reaching out to SAP support or your internal SAP team for further assistance.
  
  By following these steps, you should be able to identify and resolve the cause of the MDIF061 error in your SAP system.