How To Fix 881611 - Exchange rate type for company code &1 is not maintained

881611 - Overview

• Message type: E = Error

• Message class: 881 - Recycling Administration

• Message number: 611

• Message text: Exchange rate type for company code &1 is not maintained

What causes this issue?

An exchange rate type must be entered for settlement in the respective
company code to convert between different currencies.

System Response

How to fix this error?

You can maintain the exchange rate type in the recycling partner dialog
in the detailed view of the company code.

Procedure for System Administrators

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

Error message extract from SAP system. Copyright SAP SE.

881611 - Details

• The SAP error message 881611, which states "Exchange rate type for company code &1 is not maintained," typically occurs when there is an issue with the configuration of exchange rates in the SAP system for a specific company code. Here’s a breakdown of the cause, solution, and related information for this error:
  
  Cause:
  
  Missing Exchange Rate Type Configuration: The error indicates that the exchange rate type required for currency conversion in the specified company code is not defined in the system.
  Incorrect Company Code: The company code specified in the error message may not have the necessary exchange rate type set up.
  Currency Settings: The currency settings for the company code may not be properly configured, leading to the inability to find the appropriate exchange rate type.
  
  
  Solution:
  To resolve this error, you can follow these steps:
  
  
  Check Exchange Rate Type Configuration:
  
  Go to the SAP transaction code OB08 (Maintain Exchange Rates).
  Verify if the exchange rate type you