How To Fix AP_COPY005 - Exchange rate type missing in program type &1 for crcy transl.( &2 / &3)

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 005

• Message text: Exchange rate type missing in program type &1 for crcy transl.( &2 / &3)

What causes this issue?

No exchange rate type is entered in program type &V1&.
You want to carry out a currency translation from &V2& to &V3& using
the exchange rate type entered in program type &V1&. The program type
was determined by the following appropriation request type (if
entered): &V4&.

System Response

The value is adopted as zero in target currency &V3&.

How to fix this error?

Call Customizing for the program type (from this message).
Enter the required exchange rate type in program type &V1&.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message AP_COPY005 - Exchange rate type missing in program type &1 for crcy transl.( &2 / &3) ?

  The SAP error message AP_COPY005 indicates that there is a missing exchange rate type in the program type specified for currency translation. This error typically arises during processes that involve currency conversion, such as financial reporting or data uploads where currency values need to be translated from one currency to another.
  
  Cause:
  
  Missing Exchange Rate Type: The specified exchange rate type is not defined in the system for the program type indicated in the error message.
  
  Configuration Issues: The exchange rate type may not be properly configured in the system, or it may not be maintained for the specific currency pair involved.
  Data Entry Errors: There may be an error in the data entry where the exchange rate type is incorrectly specified or left blank.
  
  
  Solution:
  
  
  Check Exchange Rate Type Configuration:
  
  Go to the transaction code OB08 (Maintain Exchange Rates) and verify if the exchange rate type is defined for the relevant currencies.
  Ensure that the exchange rate