How To Fix MQ014 - Exchange rates must be more than 0

SAP Error Message - Details

• Message type: E = Error

• Message class: MQ - Messages for Euro Changeover Package

• Message number: 014

• Message text: Exchange rates must be more than 0

What causes this issue?

You have entered an exchange rate with a negative sign. The exchange
rates must, however, be larger than 0.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Enter an exchange rate which is larger than 0.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message MQ014 - Exchange rates must be more than 0 ?

  The SAP error message MQ014, which states "Exchange rates must be more than 0," typically occurs when you are trying to process a transaction that involves currency conversion, and the system finds that the exchange rate for the specified currency pair is either missing or set to zero. This can happen in various scenarios, such as during the posting of financial documents, currency translations, or when running reports that require exchange rate information.
  Causes:
  
  Missing Exchange Rate: The exchange rate for the currency pair you are trying to use has not been defined in the system.
  Zero Exchange Rate: The exchange rate exists but is set to zero, which is not valid for currency conversion.
  Incorrect Validity Period: The exchange rate may not be valid for the date of the transaction you are trying to process.
  Configuration Issues: There may be issues with the configuration of the currency settings in the system.
  
  Solutions:
  
  
  Check Exchange Rate Table:
  
  Go to transaction code OB08 (Maintain Exchange Rates) in SAP.
  Verify if the exchange rate for the relevant currency pair exists and is greater than zero.
  If it does not exist, you will need to enter the correct exchange rate.
  
  
  
  Update Exchange Rates:
  
  If the exchange rate is set to zero, update it with the correct value.
  Ensure that the exchange rate is valid for the date of the transaction.
  
  
  
  Check Validity Period:
  
  Ensure that the exchange rate is valid for the date of the transaction. If the transaction date falls outside the validity period of the exchange rate, you will need to add or adjust the exchange rate accordingly.
  
  
  
  Review Configuration:
  
  Check the configuration settings related to currencies and exchange rates in your SAP system to ensure they are set up correctly.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for additional guidance on managing exchange rates.
  
  
  
  Contact Support:
  
  If you are unable to resolve the issue, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: 
  
  OB08: Maintain Exchange Rates
  OB07: Define Exchange Rate Types
  
  
  Currency Types: Ensure you are using the correct currency type (e.g., transaction currency, local currency).
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to exchange rates.
  
  By following these steps, you should be able to resolve the MQ014 error and ensure that your currency transactions can be processed correctly.