How To Fix /BA1/F4_IR120 - No fixed rate exists for reference rate &1 (&3) on &2

SAP Error Message - Details

• Message type: E = Error

• Message class: /BA1/F4_IR -

• Message number: 120

• Message text: No fixed rate exists for reference rate &1 (&3) on &2

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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message /BA1/F4_IR120 - No fixed rate exists for reference rate &1 (&3) on &2 ?

  The SAP error message /BA1/F4_IR120 No fixed rate exists for reference rate &1 (&3) on &2 typically occurs in the context of financial transactions, particularly when dealing with interest rates or currency exchange rates in SAP's banking or treasury modules. This error indicates that the system cannot find a fixed rate for the specified reference rate on the given date.
  
  Cause:
  
  Missing Rate Configuration: The most common cause is that the fixed rate for the specified reference rate (e.g., an interest rate or exchange rate) has not been defined in the system for the date in question.
  Incorrect Date: The date specified may not have a valid rate configured, either because it is in the future or because the rate has not been maintained for that specific date.
  Data Entry Error: There may be a typo or incorrect entry in the reference rate or date fields.
  Master Data Issues: The relevant master data for the