Home What is SAP FICO?SAP FICO Training Tutorials for Beginners SAP FICO Define Account Group SAP FICO Reverse Clearing Document Foreign Currency Valuation Configuration SAP FICO User Exit for Vendor Master FICO Vendor Account Group Table SAP FICO Withholding Tax SAP FICO Dunning Area SAP FICO Cash Management Group Assessment Cycle vs Profit Center SAP FICO Asset Accounting SAP FICO Posting Key for Bank SAP FICO Document Type SAP FICO Document Number Ranges SAP FICO Parked Workflow Configuration SAP FICO Classic GL vs New GL SAP FICO GL Account for Cash Journal SAP FICO Accounts Receivable Process Cycle SAP FICO Accounts Receivable Configuration GR/IR Accounting Entries and Journal Entries SAP FICO Chart of Accounts SAP FICO Transaction Codes SAP AS11 Create Asset Sub-Number SAP Business Area and Profit Center SAP Inconsistent Withholding Tax Info SAP Active vs Passive Document Splitting Reverse MIRO Document in SAP SAP FICO Scope and Opportunity FICO Certification Cost in India SAP FICO Interview Questions SAP FICO Tree Menu

Maintain conversion factors for EUR / INR (currency type M)

Updated May 18, 2018

HI All,

I am getting the below error message, When I am trying to create PO.
I know solution is to maintain exchange rates for this currency pair to resolve the issue.
My doubt is that when my my Comp Code currency is INR, trying to create PO in INR and Vendor is local,
Why I'm getting this error message. Pls advice.

Maintain conversion factors for EUR / INR (currency type M)

Message no. SG111

Diagnosis

No conversion factors are maintained for the currency pair or there is no valid entry for 07.11.2011.

System Response

Error message when trying to create entries for the currency pair.
Warning for entries which already exist.

Procedure

First maintain the conversion factors for the currency pair and the exchange rates which you specified. Choose
Global settings -> Currencies -> Conversion factors in the Implementation Guide.

Comments

12 Mar 2013 1:30 pm Guest Best Answer
Just enter direct '*' or indirect '/' sign before the rate you enter as per your settings in OB08. For eg. The Rate you want to enter is 50 just enter USD *50 It will allow to post. Hope it helps.

Thanks

Raj

27 Mar 2012 1:25 pm M Suri Helpful Answer
first you need to creat currency factors as per default settings which M,G&A these are the correct please check instead of M u might have given some thing so only the error is coming pleaes check and try i guess.