How To Fix BP162 - Different exchange rate types/values in reference year & and tgt year &

SAP Error Message - Details

• Message type: E = Error

• Message class: BP - Budgeting and planning

• Message number: 162

• Message text: Different exchange rate types/values in reference year & and tgt year &

What causes this issue?

The reference and target <GL:version>version</> contain different
exchange rate types/value dates in the settings for the financial year.
Copying is not possible because individual calculations were done on
the overall planning value level.

System Response

Processing is terminated.

How to fix this error?

Contact your system administrator or other person authorized for
customizing.
Actions for the system administrator
Reconcile the exchange rate type/value dates in the settings for the
fiscal year for the affected versions.

<DS:TRAN.OKEQ>Proceed</>
ENDIF

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message BP162 - Different exchange rate types/values in reference year & and tgt year & ?

  The SAP error message BP162 indicates that there is a discrepancy in the exchange rate types or values between the reference year and the target year in a business partner (BP) transaction. This error typically arises when you are trying to perform a transaction that involves currency conversion, and the system detects that the exchange rates for the specified years do not match or are not set up correctly.
  Cause:
  
  Exchange Rate Configuration: The exchange rates for the reference year and target year may not be configured correctly in the system. This can happen if the rates are missing, incorrect, or if different exchange rate types are being used.
  Data Inconsistency: There may be inconsistencies in the data entered for the business partner, such as different currencies or incorrect settings in the master data.
  Currency Type Mismatch: The currency types used in the reference and target years may not align, leading to this error.
  
  Solution:
  
  
  Check Exchange Rate Configuration:
  
  Go to the transaction code OB08 (Maintain Exchange Rates) in SAP.
  Verify that the exchange rates for both the reference year and target year are correctly maintained for the relevant currency pair.
  Ensure that the same exchange rate type is used for both years.
  
  
  
  Review Business Partner Data:
  
  Check the business partner master data to ensure that the currency settings are correct.
  Make sure that the currency type used in the transaction matches the currency type defined in the business partner master data.
  
  
  
  Adjust Transaction Data:
  
  If you are entering a transaction manually, double-check the values and ensure that the correct exchange rate type is selected.
  If the transaction is automated, review the configuration of the process to ensure that it is pulling the correct exchange rates.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidance on handling exchange rate discrepancies.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the above points, consider reaching out to SAP support for further assistance.
  
  
  
  Related Information:
  
  Exchange Rate Types: In SAP, different exchange rate types can be defined (e.g., M for average rate, B for bank buying rate, etc.). Ensure that the correct type is being used consistently.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OB08 for maintaining exchange rates, BP for managing business partners, and FB01 for posting financial documents.
  SAP Notes: Check for any SAP Notes related to this error message, as they may provide additional insights or patches that could resolve the issue.
  
  By following these steps, you should be able to identify and resolve the cause of the BP162 error in SAP.