How To Fix MQ408 - Currency & is not relevant to conversion according to current package

SAP Error Message - Details

• Message type: E = Error

• Message class: MQ - Messages for Euro Changeover Package

• Message number: 408

• Message text: Currency & is not relevant to conversion according to current package

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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message MQ408 - Currency & is not relevant to conversion according to current package ?

  The SAP error message "MQ408 Currency & is not relevant to conversion according to current package" typically occurs in the context of currency conversion in SAP, particularly when dealing with financial transactions or reporting. This error indicates that the specified currency is not set up for conversion in the current configuration or package.
  Cause:
  
  Currency Not Defined: The currency in question may not be defined in the system for conversion purposes.
  Missing Exchange Rate: There may be no exchange rate defined for the currency pair in the relevant time frame.
  Configuration Issues: The currency conversion settings in the SAP system may not be properly configured, or the relevant package may not support the currency.
  Package Limitations: The current package or version of SAP may not support certain currencies for conversion.
  
  Solution:
  
  
  Check Currency Configuration:
  
  Go to the transaction code OB08 to check if the currency is defined and if there are exchange rates available for the currency pair.
  Ensure that the currency is included in the relevant currency conversion settings.
  
  
  
  Define Exchange Rates:
  
  If the exchange rate is missing, you can define it in the same transaction (OB08). Make sure to enter the correct date and rate for the conversion.
  
  
  
  Review Package Settings:
  
  Check the configuration of the current package to ensure that it supports the currency in question. This may involve consulting with your SAP Basis or configuration team.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or notes related to currency conversion to ensure that you are following the correct procedures and that there are no known issues with the current version of your SAP system.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the above points, consider reaching out to SAP support for further assistance. They may provide insights specific to your version or configuration.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OB08 (Maintain Exchange Rates), OB22 (Define Currency Types), and OB37 (Define Conversion Factors).
  SAP Notes: Search for SAP Notes related to currency conversion issues, as they may provide specific fixes or workarounds.
  User Roles: Ensure that you have the necessary authorizations to make changes to currency settings and exchange rates.
  
  By following these steps, you should be able to identify the cause of the error and implement a solution to resolve it.