How To Fix AFWGO_MESSAGES423 - Exchange rate for &3 to &4 is incorrect for benchmark &1 and key fig. &2

SAP Error Message - Details

• Message type: E = Error

• Message class: AFWGO_MESSAGES - Messages for Development Class AFWGO

• Message number: 423

• Message text: Exchange rate for &3 to &4 is incorrect for benchmark &1 and key fig. &2

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message AFWGO_MESSAGES423 - Exchange rate for &3 to &4 is incorrect for benchmark &1 and key fig. &2 ?

  The SAP error message AFWGO_MESSAGES423 indicates that there is an issue with the exchange rate used in a financial transaction or reporting process. This error typically arises in the context of financial planning, reporting, or data analysis where exchange rates are critical for converting values from one currency to another.
  Cause:
  
  Incorrect Exchange Rate: The exchange rate for the specified currencies (from &3 to &4) is either missing, incorrect, or not valid for the benchmark period (&1) and key figure (&2) being referenced.
  Missing Exchange Rate Data: The exchange rate data may not have been maintained in the system for the relevant time period or currency pair.
  Configuration Issues: There may be configuration issues in the currency settings or in the way exchange rates are defined in the system.
  Data Entry Errors: Manual entry errors in the exchange rate tables or during the transaction entry can lead to this error.
  
  Solution:
  
  
  Check Exchange Rate Maintenance:
  
  Go to the transaction code for maintaining exchange rates (e.g., OB08) and verify that the exchange rate for the specified currencies and the relevant date is correctly maintained.
  Ensure that the exchange rate is valid for the benchmark period specified in the error message.
  
  
  
  Review Configuration:
  
  Check the configuration settings related to currency conversion in your SAP system. Ensure that the currency types and exchange rate types are correctly set up.
  Verify that the relevant currency conversion settings are correctly configured in the system.
  
  
  
  Update Missing Data:
  
  If the exchange rate is missing for the specified period, you will need to enter the correct exchange rate for that time frame.
  Ensure that the exchange rate is updated regularly to reflect current market conditions.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources for any specific notes or guidelines related to exchange rate maintenance and configuration.
  
  
  
  Test with Sample Data:
  
  If possible, test the transaction or report with sample data to see if the error persists after making the necessary corrections.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OB08 (Maintain Exchange Rates), OBA1 (Maintain Exchange Rate Types), and others related to currency settings.
  SAP Notes: Check SAP Notes for any known issues or patches related to exchange rate handling in your version of SAP.
  User Roles and Authorizations: Ensure that you have the necessary authorizations to maintain exchange rates and perform related configurations.
  
  By following these steps, you should be able to identify and resolve the issue causing the AFWGO_MESSAGES423 error in your SAP system.