How To Fix MQ473 - Several currency keys were found for ISO code EUR

SAP Error Message - Details

• Message type: E = Error

• Message class: MQ - Messages for Euro Changeover Package

• Message number: 473

• Message text: Several currency keys were found for ISO code EUR

What causes this issue?

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

System Response

How to fix this error?

Decide which currency key you want to use in the next dialog box and
select it. This currency key is then used for the confirmation of
Customizing.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message MQ473 - Several currency keys were found for ISO code EUR ?

  The SAP error message MQ473, which states "Several currency keys were found for ISO code EUR," typically occurs when there are multiple currency keys associated with the same ISO currency code in the SAP system. This can lead to confusion in financial transactions, as the system cannot determine which currency key to use for processing.
  Cause:
  
  
  Multiple Currency Keys: The primary cause of this error is that the system has multiple entries for the currency code "EUR" in the currency table (TCURC). This can happen due to:
  
  Incorrect configuration or data entry.
  Migration of data from another system that resulted in duplicate entries.
  Changes in currency settings that were not properly managed.
  
  
  
  Customizations: If there are custom developments or modifications in the system that affect currency handling, they might inadvertently create conflicts.
  
  
  Solution:
  To resolve the MQ473 error, you can follow these steps:
  
  
  Check Currency Configuration:
  
  Go to transaction code OB08 (Maintain Exchange Rates) or TCURC (Currency Types) to review the currency settings.
  Look for entries with the ISO code "EUR" and check if there are multiple currency keys associated with it.
  
  
  
  Identify Duplicates:
  
  If you find multiple entries for "EUR," identify which ones are valid and which ones are duplicates.
  You may need to consult with your finance or controlling team to determine the correct currency keys.
  
  
  
  Delete or Correct Duplicates:
  
  If you identify duplicates, you can delete or correct the unnecessary entries. Ensure that you have proper authorization and backup before making changes.
  If the duplicates are due to data migration, consider cleaning up the data in the source system before migrating again.
  
  
  
  Check Custom Code:
  
  If there are custom developments that interact with currency handling, review the code to ensure it is not causing the issue.
  
  
  
  Testing:
  
  After making changes, perform tests to ensure that the error is resolved and that transactions involving the EUR currency are processed correctly.
  
  
  
  Consult SAP Notes:
  
  Check the SAP Support Portal for any relevant SAP Notes that might address this specific issue. There may be patches or updates that can help resolve the problem.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OB08, TCURC, and SE11 (Data Dictionary) to investigate currency settings.
  Documentation: Review SAP documentation regarding currency management and configuration to understand best practices.
  Support: If the issue persists after following the above steps, consider reaching out to SAP support for further assistance.
  
  By following these steps, you should be able to resolve the MQ473 error and ensure that your SAP system handles the EUR currency correctly.