How To Fix UO080 - Exchange rate type &1 already exists; it does not have EMU attributes

SAP Error Message - Details

• Message type: E = Error

• Message class: UO - Maintain Currency Tables TCUR* for Euro Introduction

• Message number: 080

• Message text: Exchange rate type &1 already exists; it does not have EMU attributes

What causes this issue?

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

System Response

For the exchange rate type you selected, either:
The indicator for conversion according to EMU regulations is not set
or
You have not specified a base currency
or
You specified a base currency that does not agree with the one you
selected for the euro.

How to fix this error?

Specify a different exchange rate type.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message UO080 - Exchange rate type &1 already exists; it does not have EMU attributes ?

  The SAP error message UO080 indicates that there is an issue with the exchange rate type you are trying to use in the context of EMU (Economic and Monetary Union) attributes. Specifically, it means that the exchange rate type you are attempting to define or modify already exists in the system, but it does not have the necessary EMU attributes associated with it.
  Cause:
  
  Existing Exchange Rate Type: The exchange rate type you are trying to create or modify already exists in the system.
  Missing EMU Attributes: The existing exchange rate type does not have the required EMU attributes, which are necessary for transactions involving currencies that are part of the Eurozone.
  
  Solution:
  To resolve this error, you can follow these steps:
  
  
  Check Existing Exchange Rate Types:
  
  Go to the transaction code OB08 (or the relevant transaction for managing exchange rates).
  Look for the exchange rate type specified in the error message (denoted as &1).
  Verify if it already exists and check its attributes.
  
  
  
  Modify the Exchange Rate Type:
  
  If the exchange rate type exists but lacks EMU attributes, you will need to modify it.
  You can do this by selecting the exchange rate type and ensuring that the EMU attributes are correctly set. This may involve specifying the currency pairs and ensuring that the exchange rate type is marked for EMU usage.
  
  
  
  Create a New Exchange Rate Type:
  
  If modifying the existing exchange rate type is not feasible or if it is not appropriate to change it, consider creating a new exchange rate type that includes the necessary EMU attributes.
  Ensure that the new exchange rate type is unique and does not conflict with existing types.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources related to exchange rate types and EMU attributes for additional guidance.
  
  
  
  Testing:
  
  After making the necessary changes, test the functionality to ensure that the error no longer occurs and that the exchange rates are functioning as expected.
  
  
  
  Related Information:
  
  EMU Attributes: These attributes are important for transactions involving Eurozone currencies, especially in the context of financial reporting and currency conversion.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OB08 for exchange rate maintenance and OB22 for defining exchange rate types.
  SAP Notes: Check SAP Notes for any specific patches or updates related to this error message, as there may be known issues or fixes provided by SAP.
  
  If the issue persists after following these steps, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.