How To Fix ME704 - Currency exchange rate & differs from PO rate & by & %


SAP Error Message - Details

  • Message type: E = Error

  • Message class: ME - Purchasing: General Messages

  • Message number: 704

  • Message text: Currency exchange rate & differs from PO rate & by & %

  • Show details Hide details
  • What causes this issue?

    The currency exchange rate defined in the purchasing document is &V2&,
    but the current exchange rate &V1& differs from this by &V3& %. (The
    purchase order exchange rate can be specified in the header data of the
    purchasing document).

    System Response

    If the PO currency exchange rate of the purchasing document is fixed,
    you cannot change it.

    Error message extract from SAP system. Copyright SAP SE.


Smart SAP Assistant

  • What is the cause and solution for SAP error message ME704 - Currency exchange rate & differs from PO rate & by & % ?
    The SAP error message ME704 indicates that there is a discrepancy between the currency exchange rate used in a purchase order (PO) and the current exchange rate in the system. This error typically arises during the invoice verification process when the system detects that the exchange rate for the invoice does not match the rate that was established in the purchase order by a specified percentage.
    
    Cause: Exchange Rate Changes: The exchange rate between the currencies involved has changed since the purchase order was created. Incorrect Exchange Rate Configuration: The exchange rates in the system may not be updated or configured correctly. Currency Conversion Issues: There may be issues with how the currency conversion is being handled in the system. Tolerance Limits: The percentage difference between the PO rate and the invoice rate exceeds the defined tolerance limits in the system.
    Solution: Check Exchange Rates: Verify the exchange rates in the system. You can do this by navigating

    Already have an account? Login here!




Instant HelpGet instant SAP help. Sign up for our Free Essentials Plan.


Related SAP Error Messages

Click the links below to see the following related messages:

Click on this link to search all SAP messages.


Rating
The AI Support Assistant is great. It provides comprehensive assistance even on the most difficult issues. I highly recommend this service.
Rate 1
John Jordan
SAP Consultant & Author