How To Fix MN634 - Arrangement currency &1 earmarked for currency conversion (Please check)

SAP Error Message - Details

• Message type: E = Error

• Message class: MN - Message class for subsequent settlement (Purchasing)

• Message number: 634

• Message text: Arrangement currency &1 earmarked for currency conversion (Please check)

What causes this issue?

The rebate arrangement currency &V1& has been earmarked since &V4& for
conversion into the currency &V2& (e.g. changeover in connection with
the European Monetary Union).

System Response

If this message has only been issued as a warning, you can save the
rebate arrangement. Otherwise, please choose a different arrangement
currency (normally this will be &V2&).

How to fix this error?

Please check whether you wish to work in the currency &V1& or &V2& vis-
a-vis the condition granter &V3&.
You can initially create the rebate arrangement in the currency &V1&
and convert the latter to &V2& at a later point in time.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message MN634 - Arrangement currency &1 earmarked for currency conversion (Please check) ?

  The SAP error message MN634 indicates that there is an issue with the arrangement currency that is earmarked for currency conversion. This typically occurs in the context of financial transactions or reporting where currency conversion is required, but the system has encountered a problem with the specified currency.
  Cause:
  
  Currency Configuration Issues: The arrangement currency may not be properly configured in the system for currency conversion.
  Missing Exchange Rates: There may be no exchange rate defined for the currency pair involved in the transaction.
  Incorrect Currency Settings: The currency settings in the master data or transaction data may be incorrect or incomplete.
  Transaction Type Restrictions: Certain transaction types may not allow for currency conversion, leading to this error.
  Data Inconsistencies: There may be inconsistencies in the data related to the arrangement or the currencies involved.
  
  Solution:
  
  
  Check Currency Configuration:
  
  Go to the configuration settings in SAP and verify that the arrangement currency is correctly set up for currency conversion.
  Ensure that the currency is active and properly defined in the system.
  
  
  
  Verify Exchange Rates:
  
  Check if the exchange rates for the relevant currency pair are maintained in the system.
  You can do this by navigating to the transaction for maintaining exchange rates (e.g., OB08) and ensuring that the rates are up to date.
  
  
  
  Review Master Data:
  
  Inspect the master data for the arrangement to ensure that all currency-related fields are correctly filled out.
  Make sure that the currency settings align with the requirements of the transaction.
  
  
  
  Check Transaction Type:
  
  Review the transaction type being used to ensure that it supports currency conversion.
  If necessary, consult the documentation or configuration settings for the specific transaction type.
  
  
  
  Consult SAP Notes:
  
  Search for relevant SAP Notes that may address this specific error message. SAP frequently releases notes that provide solutions or workarounds for known issues.
  
  
  
  Testing:
  
  After making any changes, perform a test transaction to see if the error persists. This will help confirm whether the issue has been resolved.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OB08 (Maintain Exchange Rates), OBA1 (Maintain Company Code), and others that may be relevant to currency settings.
  SAP Documentation: Refer to SAP Help documentation for detailed information on currency conversion and arrangement settings.
  User Forums: Consider checking SAP community forums or user groups for discussions related to this error, as other users may have encountered and resolved similar issues.
  
  If the problem persists after following these steps, it may be beneficial to consult with your SAP support team or a technical consultant who can provide deeper insights into the specific configuration of your SAP environment.