How To Fix MQ434 - Factors were changed for currency &1; create new package

SAP Error Message - Details

• Message type: E = Error

• Message class: MQ - Messages for Euro Changeover Package

• Message number: 434

• Message text: Factors were changed for currency &1; create new package

What causes this issue?

Different entries were found in table EWUCUR and table TCURF for
currency &1.

System Response

Conversion cannot be carried out.

How to fix this error?

Create a new package.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message MQ434 - Factors were changed for currency &1; create new package ?

  The SAP error message MQ434 indicates that there has been a change in the factors for a specific currency, which requires the creation of a new package. This error typically arises in the context of financial transactions, particularly when dealing with currency conversion or valuation.
  Cause:
  The error occurs when:
  
  Currency Factors Change: The factors used for currency conversion (like exchange rates or valuation methods) have been modified after a package was created. This can happen due to updates in exchange rates or changes in the configuration of currency settings in the system.
  Existing Packages: If there are existing packages that were created before the changes to the currency factors, the system will not allow you to proceed with those packages, as they are now outdated.
  
  Solution:
  To resolve the MQ434 error, you can follow these steps:
  
  
  Create a New Package:
  
  Since the factors have changed, you need to create a new package that reflects the updated currency factors. This can usually be done in the transaction where you are processing the financial data.
  
  
  
  Check Currency Settings:
  
  Review the currency settings in your SAP system to ensure that the factors are correctly configured. This includes checking the exchange rates and any related settings in the configuration.
  
  
  
  Update Exchange Rates:
  
  If the error is due to outdated exchange rates, make sure to update the exchange rates in the system. This can typically be done through the transaction code OB08 (Maintain Exchange Rates).
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific instructions related to the transaction you are working with. This can provide additional context on how to handle currency factors.
  
  
  
  Contact Support:
  
  If the issue persists, consider reaching out to your SAP support team or consulting with an SAP expert who can provide more tailored assistance based on your specific configuration and business processes.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OB08 (for exchange rates) and others related to financial postings.
  SAP Notes: Check for any SAP Notes related to this error message, as they may provide additional insights or patches that can resolve the issue.
  Documentation: Review SAP Help Portal for detailed documentation on currency management and financial transactions.
  
  By following these steps, you should be able to address the MQ434 error and continue with your financial processes in SAP.