How To Fix AP_COPY004 - No exchange rate type found for plan version &1

SAP Error Message - Details

• Message type: E = Error

• Message class: AP_COPY - Copying Function for Plan/Budget

• Message number: 004

• Message text: No exchange rate type found for plan version &1

What causes this issue?

You want to carry out a currency translation of annual values (plan or
budget). For this currency translation, the system accesses the
exchange rate type in controlling area &V2& from the
fiscal-year-dependent data of plan version &V1& for fiscal year &V3&
(or the next earliest fiscal year). However, the system could not find
the necessary fiscal-year-dependent data for the plan version, or the
exchange rate type was not maintained.

System Response

Currency translation cannot be carried out.

How to fix this error?

Maintain fiscal-year-dependent data with an appropriate exchange rate
type in controlling area &V2& for plan version &V1& and fiscal year
&V3& (or an earlier fiscal year).

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AP_COPY004 - No exchange rate type found for plan version &1 ?

  The SAP error message AP_COPY004, which states "No exchange rate type found for plan version &1," typically occurs in the context of financial planning and budgeting processes within SAP. This error indicates that the system cannot find a valid exchange rate type for the specified plan version, which is necessary for currency conversion during planning activities.
  Cause:
  
  Missing Exchange Rate Type: The specified plan version does not have an associated exchange rate type defined in the system.
  Configuration Issues: The exchange rate type may not be configured correctly in the system or may not be assigned to the plan version.
  Plan Version Not Active: The plan version might not be active or properly set up in the system.
  Data Entry Error: There could be a typographical error in the plan version number being referenced.
  
  Solution:
  
  
  Check Exchange Rate Type Configuration:
  
  Go to the transaction code OB08 to check the exchange rate types defined in the system.
  Ensure that the exchange rate type you are trying to use is defined and has valid rates for the relevant currencies.
  
  
  
  Assign Exchange Rate Type to Plan Version:
  
  Navigate to the relevant configuration settings for your planning version (this may vary based on your specific SAP module).
  Ensure that the exchange rate type is assigned to the plan version in question.
  
  
  
  Verify Plan Version Settings:
  
  Use transaction code KP06 or KP07 (depending on your planning scenario) to check the settings of the plan version.
  Ensure that the plan version is active and properly configured.
  
  
  
  Check for Data Entry Errors:
  
  Double-check the plan version number you are using in your transaction to ensure it is correct.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help files related to your specific module for any additional configuration steps that may be required.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting SAP Notes for any known issues related to this error.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OB08 (Maintain Exchange Rates), KP06 (Change Plan Data), and KP07 (Display Plan Data).
  SAP Notes: Search for SAP Notes related to AP_COPY004 for any patches or updates that may address this issue.
  Documentation: Review SAP Help Portal for detailed information on financial planning and currency conversion processes.
  
  By following these steps, you should be able to identify and resolve the cause of the AP_COPY004 error in your SAP system.