How To Fix MQ453 - Confirm maintenance of historical exchange rates for euro

MQ453 - Overview

• Message type: E = Error

• Message class: MQ - Messages for Euro Changeover Package

• Message number: 453

• Message text: Confirm maintenance of historical exchange rates for euro

What causes this issue?

You have selected the currencies which are to be changed over to the
euro using package &v1&.
You have previously defined that no historical exchange rates are to be
created for the euro for certain exchange rate types which you have
used in your system.
You can reverse this definition at this point either completely or
partially.

System Response

The required historical exchange rates are completely available with
the settings which you have chosen.
If, however, you want to include several exchange rate types in the
maintenance of historical exchange rates, it may be that historical
exchange rates have to be created.

How to fix this error?

If you do not want to change anything about the excepted exchange rate
types, choose Save.
If you want to revise your previous definition, proceed as follows:
Choose <LS>Select exch.rate types</>
Change the exchange rate type selection on the following screen
When you save the changed selection, you return to the display of the
newly added historical exchange rates.
Modify the default values which then appear according to your
requirements.
Save your entries.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message MQ453 - Confirm maintenance of historical exchange rates for euro ?

  The SAP error message MQ453, which states "Confirm maintenance of historical exchange rates for euro," typically occurs when there is an issue with the maintenance of historical exchange rates for the Euro currency in the SAP system. This error can arise during various financial transactions, particularly those involving currency conversion or reporting.
  
  Cause:
  
  Missing Historical Exchange Rates: The system may not have the required historical exchange rates for the Euro, which are necessary for accurate financial reporting and currency conversion.
  Incorrect Configuration: The configuration settings for currency exchange rates may not be set up correctly in the system.
  Data Entry Issues: There may be errors in the data entry process, leading to missing or incorrect exchange rate records.
  Authorization Issues: The user may not have the necessary permissions to access or maintain exchange rate data.
  
  
  Solution:
  
  
  Maintain Historical Exchange Rates:
  
  Go to the transaction code OB08 (Maintain Exchange Rates).
  Check if the historical exchange rates for the Euro are