How To Fix MY068 - Material not valuated due to incorrect foreign crcy translation (& & & &)

MY068 - Overview

• Message type: E = Error

• Message class: MY - Messages for Balance Sheet Valuation(Low.Val.Det./LIFO/FIFO)

• Message number: 068

• Message text: Material not valuated due to incorrect foreign crcy translation (& & & &)

What causes this issue?

The material could not be valuated.

System Response

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

How to fix this error?

Contact your system administrator.

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 MY068 - Material not valuated due to incorrect foreign crcy translation (& & & &) ?

  The SAP error message MY068, which states "Material not valuated due to incorrect foreign currency translation," typically occurs in the context of material valuation in SAP when there are issues with currency conversion for materials that are valued in a foreign currency. Here’s a breakdown of the potential causes, solutions, and related information for this error:
  Causes:
  
  Incorrect Currency Settings: The currency settings for the material master or the company code may not be configured correctly.
  Missing Exchange Rates: The exchange rates for the foreign currency may not be maintained in the system, or they may be outdated.
  Currency Type Issues: The currency type used for valuation may not be compatible with the transaction or may not be set up correctly.
  Valuation Class Issues: The valuation class assigned to the material may not be set up properly, leading to valuation issues.
  Posting Period Issues: The posting period may be closed, preventing any currency translation from occurring.
  
  Solutions:
  
  Check