How To Fix BK154 - Maintain the exchange rate type for version & in &.

SAP Error Message - Details

• Message type: E = Error

• Message class: BK - Create, Display, Reverse Controlling Document

• Message number: 154

• Message text: Maintain the exchange rate type for version & in &.

What causes this issue?

You want to use version &V1& in controlling area &V3&, fiscal year
&V2&.
You did not determine an exchange rate type for fiscal year &V2& in
this version. Since you post to a profitability segment using a
currency other than the controlling area currency, you cannot prevent
currency conversions and may indeed want them. Therefore, you must set
an exchange rate type for version &V1& in &V2&.

System Response

The R/3 System rejects the entry.

How to fix this error?

Maintain version &V1& with the function <DS:TRAN.KP92>Change
version</>, or correct your entries.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message BK154 - Maintain the exchange rate type for version & in &. ?

  The SAP error message BK154, which states "Maintain the exchange rate type for version & in &," typically occurs when there is a missing or incorrectly configured exchange rate type for a specific version in the system. This error is often encountered in the context of financial transactions, particularly when dealing with foreign currency valuations or conversions.
  Cause:
  
  Missing Exchange Rate Type: The specified exchange rate type for the given version is not maintained in the system.
  Incorrect Configuration: The exchange rate type may be incorrectly configured or not assigned to the relevant version.
  Version Not Defined: The version specified in the error message may not be defined in the system for currency translation.
  
  Solution:
  To resolve the error, you can follow these steps:
  
  
  Access the Exchange Rate Type Configuration:
  
  Go to the SAP Easy Access screen.
  Navigate to the following path: SPRO -> Financial Accounting (New) -> Financial Accounting Global Settings (New) -> Currencies -> Define Exchange Rate Types.
  
  
  
  Check Exchange Rate Types:
  
  In the configuration screen, check if the required exchange rate type is defined.
  If it is missing, you will need to create a new exchange rate type or modify an existing one.
  
  
  
  Maintain Exchange Rate Type for the Version:
  
  Navigate to the transaction code OB08 (Maintain Exchange Rates).
  Ensure that the exchange rate type is maintained for the relevant version and currency pair.
  If necessary, enter the exchange rates for the required currencies and save your changes.
  
  
  
  Check Version Configuration:
  
  Go to the transaction code OB22 (Define Versions).
  Ensure that the version you are working with is correctly defined and that it includes the necessary settings for currency translation.
  
  
  
  Testing:
  
  After making the necessary changes, test the transaction again to see if the error persists.
  
  
  
  Related Information:
  
  Transaction Codes:
  
  OB08: Maintain Exchange Rates
  OB22: Define Versions
  
  
  Documentation: Refer to SAP Help documentation for detailed information on configuring exchange rates and versions.
  User Roles: Ensure that you have the necessary authorizations to make changes to exchange rate types and versions.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP Basis or Finance team for further investigation, as there may be additional configuration or data issues that need to be addressed.