How To Fix MQ422 - No EMU participating currencies found

SAP Error Message - Details

• Message type: E = Error

• Message class: MQ - Messages for Euro Changeover Package

• Message number: 422

• Message text: No EMU participating currencies found

What causes this issue?

The system tried to read the EMU participating currencies from your
system's currency Customizing with currency key &v1& and exchange rate
type &v2&.

System Response

No entries were found. Your currency Customizing for the euro is
missing, is incorrect, or is incomplete.

How to fix this error?

Correct or complete your Customizing.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message MQ422 - No EMU participating currencies found ?

  The SAP error message MQ422 "No EMU participating currencies found" typically occurs in the context of currency conversion or when dealing with European Monetary Union (EMU) currencies in SAP. This error indicates that the system is unable to find any currencies that are part of the EMU for the specified transaction or configuration.
  Cause:
  
  Missing Configuration: The EMU currencies may not be properly configured in the system. This can happen if the currencies have not been defined or activated in the currency settings.
  Incorrect Currency Settings: The currency settings in the relevant transaction or master data may not be set up correctly, leading to the system not recognizing any EMU currencies.
  Data Issues: There may be issues with the data in the currency tables, such as missing entries or incorrect mappings.
  Version or Patch Issues: Sometimes, specific versions of SAP or missing patches can lead to unexpected behavior, including this error.
  
  Solution:
  
  
  Check Currency Configuration:
  
  Go to the transaction code OB08 to check the exchange rate types and ensure that the EMU currencies are defined correctly.
  Ensure that the currencies you expect to use are marked as EMU currencies.
  
  
  
  Review Master Data:
  
  Check the relevant master data (e.g., vendor, customer, or material master) to ensure that the currency settings are correct and that EMU currencies are included.
  
  
  
  Update Exchange Rates:
  
  Ensure that the exchange rates for the EMU currencies are maintained. You can do this in the same transaction (OB08) or by using the transaction OBBS for maintaining exchange rates.
  
  
  
  Check for Data Consistency:
  
  Run consistency checks on the currency tables to ensure there are no missing or incorrect entries. You can use transaction codes like SE16 to view the relevant tables (e.g., TCURR, TCURX).
  
  
  
  Consult SAP Notes:
  
  Check the SAP Support Portal for any relevant SAP Notes that might address this specific error. There may be patches or updates that resolve known issues.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the above points, consider reaching out to SAP Support for further assistance. They can provide more specific guidance based on your system configuration and version.
  
  
  
  Related Information:
  
  EMU Currencies: The EMU currencies refer to the currencies of the European Union member states that have adopted the Euro as their official currency. This includes countries that were part of the Eurozone.
  Currency Conversion: Understanding how currency conversion works in SAP is crucial, especially when dealing with international transactions.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OB08 for maintaining exchange rates, OBBS for batch input of exchange rates, and SE16 for data browsing.
  
  By following these steps, you should be able to identify and resolve the cause of the MQ422 error in your SAP system.