How To Fix MQ631 - Determination of &1 local currency for company code &2 not possible

SAP Error Message - Details

• Message type: E = Error

• Message class: MQ - Messages for Euro Changeover Package

• Message number: 631

• Message text: Determination of &1 local currency for company code &2 not possible

What causes this issue?

An invalid currency type has been specified for the &V1& local currency
in company code &V2& in master table T001A.
Only (10), 11, 12, 30, 31, 32, 40, 50 or 60 are allowed as currency
types for the second and third local currency.

System Response

The &V1& local currency in the company code is skipped.

How to fix this error?

Maintain the &V1& local currency for company code &V2&. Then start the
program again afterwards.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message MQ631 - Determination of &1 local currency for company code &2 not possible ?

  The SAP error message MQ631 indicates that the system is unable to determine the local currency for a specified company code. This can occur in various scenarios, such as during the posting of documents, when running reports, or when executing transactions that require currency determination.
  Cause:
  The error can be caused by several factors, including:
  
  
  Missing Configuration: The local currency for the company code may not be defined in the system. Each company code in SAP must have a local currency assigned to it.
  
  
  Incorrect Company Code: The company code specified in the transaction may not exist or may not be correctly configured.
  
  
  Currency Type Issues: There may be issues with the currency types defined in the system, or the currency type being used may not be valid for the company code.
  
  
  Master Data Issues: The master data for the company code or related entities (like vendors, customers, or materials) may not be correctly set up.
  
  
  Solution:
  To resolve the MQ631 error, you can take the following steps:
  
  
  Check Company Code Configuration:
  
  Go to the transaction code OBY6 (or navigate through the menu: SPRO > Financial Accounting > General Ledger > Master Data > G/L Accounts > Edit, Delete, or Display G/L Account).
  Verify that the local currency is correctly defined for the company code in question.
  
  
  
  Verify Company Code Existence:
  
  Ensure that the company code you are trying to use is active and correctly configured in the system.
  
  
  
  Check Currency Types:
  
  Use transaction code OB08 to check the currency types defined in the system. Ensure that the currency type you are using is valid for the company code.
  
  
  
  Review Master Data:
  
  Check the master data for any related entities (like vendors, customers, or materials) to ensure that they are correctly assigned to the company code and have the appropriate currency settings.
  
  
  
  Consult Documentation:
  
  If the issue persists, refer to SAP documentation or consult with your SAP support team for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: 
  
  OBY6 - Company Code Global Settings
  OB08 - Maintain Exchange Rates
  OBY1 - Define Company Code
  
  
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to currency determination.
  User Roles: Ensure that the user has the necessary authorizations to access the company code and perform the required transactions.
  
  By following these steps, you should be able to identify and resolve the cause of the MQ631 error in SAP.