How To Fix /PF1/MSG_CONV753 - Exchange rate in field &1 is invalid.

SAP Error Message - Details

• Message type: E = Error

• Message class: /PF1/MSG_CONV -

• Message number: 753

• Message text: Exchange rate in field &1 is invalid.

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

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Smart SAP Assistant

• What is the cause and solution for SAP error message /PF1/MSG_CONV753 - Exchange rate in field &1 is invalid. ?

  The SAP error message /PF1/MSG_CONV753 Exchange rate in field &1 is invalid typically indicates that there is an issue with the exchange rate being used in a transaction or document. This error can occur in various contexts, such as during the posting of financial documents, currency conversions, or when processing foreign currency transactions.
  Causes:
  
  Invalid Exchange Rate: The exchange rate for the specified currency pair may not be defined in the system for the date of the transaction.
  Missing Exchange Rate: The exchange rate might not be maintained in the system for the relevant currency pair.
  Incorrect Currency Code: The currency code in the field may be incorrect or not recognized by the system.
  Date Issues: The exchange rate may not be valid for the date of the transaction (e.g., if the rate is only valid for a specific date range).
  Configuration Issues: There may be configuration issues in the currency settings or exchange rate types in the SAP system.
  
  Solutions:
  
  
  Check Exchange Rate Maintenance:
  
  Go to transaction code OB08 to check the exchange rates maintained in the system.
  Ensure that the exchange rate for the relevant currency pair is defined for the date of the transaction.
  
  
  
  Maintain Missing Exchange Rates:
  
  If the exchange rate is missing, you can maintain it in the same transaction (OB08).
  Enter the appropriate currency pair, exchange rate, and validity dates.
  
  
  
  Verify Currency Codes:
  
  Ensure that the currency codes used in the transaction are correct and valid.
  Check for any typos or incorrect entries.
  
  
  
  Check Transaction Date:
  
  Verify that the transaction date falls within the validity period of the exchange rate.
  If necessary, adjust the transaction date or maintain the exchange rate for the required date.
  
  
  
  Review Configuration:
  
  If the issue persists, review the configuration settings related to currency and exchange rates in the SAP system.
  Consult with your SAP Basis or configuration team if you suspect a deeper configuration issue.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for additional guidance on handling exchange rates and related error messages.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  OB08: Maintain Exchange Rates
  OBBS: Display Exchange Rates
  FB01: Post Document (to reproduce the error)
  
  
  
  SAP Notes: Check SAP Notes for any known issues or patches related to exchange rate handling.
  
  
  User Authorization: Ensure that you have the necessary authorizations to view and maintain exchange rates in the system.
  
  
  By following these steps, you should be able to identify and resolve the issue causing the /PF1/MSG_CONV753 Exchange rate in field &1 is invalid error message in SAP.