How To Fix 8I113 - Local currency conversion rate not maintained

SAP Error Message - Details

• Message type: E = Error

• Message class: 8I - Localization India

• Message number: 113

• Message text: Local currency conversion rate not maintained

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 8I113 - Local currency conversion rate not maintained ?

  The SAP error message 8I113: Local currency conversion rate not maintained typically occurs when there is an attempt to perform a transaction that requires a currency conversion, but the necessary conversion rates for the local currency are not defined in the system. This can happen in various scenarios, such as during the posting of financial documents, when running reports, or when executing certain transactions that involve currency conversion.
  Cause:
  
  Missing Exchange Rate: The primary cause of this error is that the exchange rate for the local currency to the target currency has not been maintained in the system.
  Incorrect Configuration: The currency settings in the configuration may not be set up correctly, leading to the absence of required conversion rates.
  Date Issues: The exchange rate may not be available for the specific date of the transaction.
  Currency Type: The currency type being used may not have a defined conversion rate.
  
  Solution:
  To resolve the error, you can follow these steps:
  
  
  Maintain Exchange Rates:
  
  Go to the transaction code OB08 (Maintain Exchange Rates).
  Check if the exchange rate for the local currency to the target currency is maintained.
  If not, enter the required exchange rate for the relevant currency pair and date.
  
  
  
  Check Currency Configuration:
  
  Ensure that the currency settings in your SAP configuration are correct.
  Verify that the local currency is properly defined in the system.
  
  
  
  Review Date Settings:
  
  Make sure that the exchange rate is maintained for the specific date of the transaction. If the transaction date is in the past, ensure that historical rates are also maintained.
  
  
  
  Currency Type Verification:
  
  Check if the currency type being used in the transaction is correctly set up and has the necessary exchange rates.
  
  
  
  Consult Documentation:
  
  If you are unsure about the correct rates or configurations, consult your financial team or SAP documentation for guidance on maintaining exchange rates.
  
  
  
  Related Information:
  
  Transaction Codes: 
  
  OB08: Maintain Exchange Rates
  OB07: Define Exchange Rate Types
  
  
  Currency Types: SAP uses different currency types (e.g., M for transaction currency, A for local currency) which may affect how exchange rates are maintained.
  SAP Notes: Check for any relevant SAP Notes that may address specific issues or provide additional guidance related to currency conversion and exchange rates.
  
  By following these steps, you should be able to resolve the error message 8I113 and ensure that the necessary currency conversion rates are maintained in your SAP system.