How To Fix ACC_CUSTOMIZING002 - No currency translation rule could be found for currency "&1"

SAP Error Message - Details

• Message type: E = Error

• Message class: ACC_CUSTOMIZING - Cross-Component Customizing Messages

• Message number: 002

• Message text: No currency translation rule could be found for currency "&1"

What causes this issue?

According to the settings for currency translation in accounting system
&V3& (document type &V4&), currency "&V1&" will be translated from
source currency "&V2&". However, this source currency does not exist in
the current data record.

System Response

Processing is terminated.

How to fix this error?

Change the setting accordingly.

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.

Smart SAP Assistant

• What is the cause and solution for SAP error message ACC_CUSTOMIZING002 - No currency translation rule could be found for currency "&1" ?

  The SAP error message ACC_CUSTOMIZING002 indicates that the system could not find a currency translation rule for a specified currency. This typically occurs in the context of financial reporting or when performing currency conversions in SAP.
  
  Cause:
  
  Missing Currency Translation Rules: The most common cause is that there are no defined currency translation rules for the specified currency in the system.
  Incorrect Configuration: The configuration for currency translation may not be set up correctly in the system.
  Inactive or Incorrectly Defined Currency Types: The currency type used in the transaction may not be active or properly defined.
  Missing or Incorrectly Defined Exchange Rates: If the exchange rates for the currencies involved are not maintained, this error can occur.
  
  
  Solution:
  
  
  Define Currency Translation Rules:
  
  Go to the SAP Customizing Implementation Guide (SPRO).
  Navigate to Financial Accounting (New) > General Ledger Accounting (New) > Currency Translation > Define Currency Translation Rules.
  Create or modify the necessary currency translation rules for the currency