How To Fix 88291 - No rate type for re. partner or no rate is entered in table TCURR

SAP Error Message - Details

• Message type: E = Error

• Message class: 88 - REA Processing

• Message number: 291

• Message text: No rate type for re. partner or no rate is entered in table TCURR

What causes this issue?

Either no rate type has been defined in the recycling partner's
company code or no rate has been entered in table TCURR.

System Response

The periodical declaration is not executed.

How to fix this error?

Enter a rate type in the company code for the recycling partner, or
change the relevant Customizing table.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message 88291 - No rate type for re. partner or no rate is entered in table TCURR ?

  The SAP error message 88291, which states "No rate type for re. partner or no rate is entered in table TCURR," typically occurs in the context of currency conversion or when dealing with foreign currency transactions. This error indicates that the system cannot find a valid exchange rate for the specified currency pair or that the necessary configuration is missing.
  Causes:
  
  Missing Exchange Rate Type: The exchange rate type required for the transaction is not defined for the relevant business partner or currency pair.
  No Rates in TCURR Table: The exchange rates for the specified currency pair are not maintained in the TCURR table.
  Incorrect Configuration: The configuration for currency conversion may not be set up correctly in the system.
  Date Issues: The exchange rate may not be valid for the date of the transaction, meaning that the rate is not available for the specified date.
  
  Solutions:
  
  
  Check Exchange Rate Type:
  
  Go to the transaction code OB08 to maintain exchange rates.
  Ensure that the required exchange rate type is defined and that it is assigned to the relevant currency pair.
  
  
  
  Maintain Exchange Rates:
  
  In the same transaction (OB08), check if the exchange rates for the specific currency pair (e.g., USD to EUR) are maintained.
  If not, enter the required rates for the relevant periods.
  
  
  
  Verify Configuration:
  
  Check the configuration settings in the SAP system to ensure that the currency conversion settings are correctly defined.
  You can use transaction SPRO to navigate to the relevant configuration settings.
  
  
  
  Check Validity Dates:
  
  Ensure that the exchange rates are valid for the date of the transaction. If the transaction date is outside the range of the maintained rates, you will need to add or adjust the rates accordingly.
  
  
  
  Review Business Partner Settings:
  
  If the error is related to a specific business partner, check the settings for that partner to ensure that the correct exchange rate type is assigned.
  
  
  
  Related Information:
  
  TCURR Table: This table contains the exchange rates for different currency pairs and is crucial for currency conversion processes in SAP.
  Exchange Rate Types: Different exchange rate types can be defined for various purposes (e.g., average rates, historical rates, etc.). Make sure you are using the correct type for your transaction.
  Transaction Codes:
  
  OB08: Maintain exchange rates.
  SPRO: Access the SAP Reference IMG for configuration settings.
  SE16N: View the contents of the TCURR table directly.
  
  
  
  By following these steps, you should be able to resolve the error message 88291 and ensure that currency conversion works correctly in your SAP system.