How To Fix MQ787 - Cons.proc.ledger &1: Convert currency type 30 --> 80

MQ787 - Overview

• Message type: E = Error

• Message class: MQ - Messages for Euro Changeover Package

• Message number: 787

• Message text: Cons.proc.ledger &1: Convert currency type 30 --> 80

What causes this issue?

The currency type for the group currency (KSL) from ledger &V1& was
changed over from 30 (group currency) to 80 (ledger currency).
Group currency &V2& was entered as the ledger currency.

System Response

When converting to the euro, it is necessary to convert the group
currency (standard currency for the whole client).
Since overall conversion and conversion in Consolidation do not occur
at the same time, the currency types of the condolidation processing
ledgers affected must be changed.

How to fix this error?

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

Error message extract from SAP system. Copyright SAP SE.

MQ787 - Details

• The SAP error message MQ787 indicates an issue related to currency conversion in the context of a consolidated profit and loss statement or a financial report. Specifically, it refers to a problem when trying to convert currency type 30 (which typically represents a local currency) to currency type 80 (which usually represents a group currency or a reporting currency).
  
  Cause:
  The error can occur due to several reasons, including:
  
  
  Missing Exchange Rate: There may not be an exchange rate defined for the conversion between the two currency types (30 and 80) in the system for the relevant period.
  
  
  Incorrect Configuration: The currency types may not be properly configured in the system settings, leading to issues during the conversion process.
  
  
  Data Issues: There may be inconsistencies or missing data in the financial documents that are being processed, which can lead to conversion errors.
  
  
  Period Lock: The period for which the conversion is being attempted may be locked,