How To Fix MN648 - Error determining interim currency (local currency)

MN648 - Overview

• Message type: E = Error

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

• Message number: 648

• Message text: Error determining interim currency (local currency)

What causes this issue?

When converting the currency, the system was unable to determine a
company code and hence an interim currency (local currency). No interim
currency was passed on manually either.

System Response

The rebate arrangement was not extended.

How to fix this error?

Please re-extend the rebate arrangement. Enter an interim currency.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message MN648 - Error determining interim currency (local currency) ?

  The SAP error message MN648, which states "Error determining interim currency (local currency)," typically occurs in the context of financial transactions, particularly when dealing with currency conversions or when processing documents that involve multiple currencies. This error can arise due to various reasons, including configuration issues, missing data, or inconsistencies in currency settings.
  Causes of MN648 Error
  
  
  Currency 
  Configuration Issues: The system may not be properly configured to handle the currencies involved in the transaction. This can include missing exchange rates or incorrect currency settings in the master data.
  
  
  Missing Exchange Rates: If the exchange rate for the currencies involved in the transaction is not maintained in the system, it can lead to this error.
  
  
  Inconsistent Currency Settings: The local currency settings in the company code or controlling area may not align with the currencies being used in the transaction.
  
  
  Document Type Issues: Certain document types may have specific currency requirements that are not being