How To Fix MZ049 - Maintain currency and exchange rate type

MZ049 - Overview

• Message type: E = Error

• Message class: MZ - Message for the EWS in LIS

• Message number: 049

• Message text: Maintain currency and exchange rate type

What causes this issue?

Currency or exchange rate type are not maintained.
When maintaining group exceptions, you must specify the analysis
currency and exchange rate type.
When maintaining individual exceptions, specifying the analysis
currency and exchange rate type is necessary if your exception has
requirements for key figures in currency.

How to fix this error?

Maintain currency and exchange rate type.

Error message extract from SAP system. Copyright SAP SE.

MZ049 - Details

• The SAP error message MZ049, which states "Maintain currency and exchange rate type," typically occurs when there is an issue with the configuration of currency settings in the system. This error is often encountered in the context of materials management, particularly when dealing with purchasing documents, inventory valuation, or financial transactions that involve multiple currencies.
  
  Cause:
  
  Missing Currency Configuration: The error usually arises when the system cannot find the necessary configuration for the currency or exchange rate type that is being used in a transaction.
  Exchange Rate Type Not Defined: The specific exchange rate type required for the transaction may not be defined in the system.
  Currency Pair Not Maintained: The currency pair (e.g., local currency to foreign currency) may not have an exchange rate maintained in the system.
  Transaction Type Issues: The transaction type being processed may not be compatible with the currency settings.
  
  
  Solution:
  To resolve the MZ049 error, you can follow these steps:
  
  
  Check Currency