How To Fix /PF1/MSG_PO_EV053 - FX target: Currency exchange is not possible

SAP Error Message - Details

• Message type: E = Error

• Message class: /PF1/MSG_PO_EV -

• Message number: 053

• Message text: FX target: Currency exchange is not possible

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.

Unfortunately, there isn't any extra information in this error notice.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message /PF1/MSG_PO_EV053 - FX target: Currency exchange is not possible ?

  The SAP error message /PF1/MSG_PO_EV053 indicates that there is an issue with currency exchange in a purchase order (PO) or related financial transaction. This error typically arises when the system is unable to convert the currency of the transaction to the target currency due to various reasons.
  Causes:
  
  Missing Exchange Rate: The exchange rate for the currency pair (from the source currency to the target currency) may not be maintained in the system.
  Invalid Currency Pair: The currencies involved may not be valid for exchange, or the system may not recognize them.
  Exchange Rate Type: The exchange rate type being used may not be defined or may not have valid rates for the required date.
  Date Issues: The exchange rate may not be valid for the date of the transaction. Exchange rates can change daily, and if the rate is not maintained for the specific date, the conversion will fail.
  Configuration Issues: There may be configuration issues in the currency settings or in the financial settings of the SAP system.
  
  Solutions:
  
  
  Check Exchange Rates:
  
  Go to transaction code OB08 to check if the exchange rates for the relevant currency pair are maintained.
  Ensure that the exchange rate is valid for the date of the transaction.
  
  
  
  Maintain Missing Rates:
  
  If the exchange rate is missing, you can maintain it in the same transaction (OB08).
  Make sure to enter the correct currency pair and the effective date.
  
  
  
  Verify Currency Configuration:
  
  Check the configuration settings for currencies in the system. Ensure that the currencies involved are correctly set up in the system.
  
  
  
  Review Exchange Rate Type:
  
  Ensure that the exchange rate type being used in the transaction is correctly defined and has valid rates.
  
  
  
  Check Transaction Date:
  
  Verify that the transaction date falls within the range of valid exchange rates. If necessary, adjust the transaction date or maintain the required exchange rate.
  
  
  
  Consult with SAP Support:
  
  If the issue persists after checking the above points, consider reaching out to SAP support for further assistance.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  OB08: Maintain exchange rates.
  OB07: Define exchange rate types.
  OB22: Define currency types.
  
  
  
  Documentation: Refer to SAP Help documentation for detailed information on currency management and exchange rate maintenance.
  
  
  User Roles: Ensure that the user has the necessary authorizations to maintain exchange rates and perform related transactions.
  
  
  By following these steps, you should be able to identify and resolve the issue causing the error message /PF1/MSG_PO_EV053.