How To Fix CMS_CURR_CONV000 - Maintain exchange rates for &1/&2

SAP Error Message - Details

• Message type: E = Error

• Message class: CMS_CURR_CONV - Message class for currency conversion

• Message number: 000

• Message text: Maintain exchange rates for &1/&2

What causes this issue?

There can be two possible reasons:
Exchange rate for the currency pair is not maintained
A valid exchange rate is not maintained for the specified date

System Response

System fails to process the coversion any further. The conversion amount
is zero.

How to fix this error?

Maintain the rates for the currency pair and rate type in the
Implementation Guide (IMG) activity <DS:SIMG.SIMG_CFMENUORFBOB08>Define
Exchange Rates.</>

Procedure for System Administrators

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message CMS_CURR_CONV000 - Maintain exchange rates for &1/&2 ?

  The SAP error message CMS_CURR_CONV000 indicates that there is an issue with currency conversion due to missing exchange rates for the specified currency pair (denoted as &1 and &2 in the message). This typically occurs when you are trying to perform a transaction that involves currency conversion, but the system cannot find the necessary exchange rate for the currencies involved.
  Cause:
  
  Missing Exchange Rates: The primary cause of this error is that the exchange rates for the specified currencies have not been maintained in the system.
  Incorrect Currency Pair: The currency pair specified may not be valid or may not have been set up correctly in the system.
  Date Validity: The exchange rates may not be valid for the date of the transaction. Exchange rates are often maintained with specific validity periods.
  
  Solution:
  To resolve this error, you need to maintain the exchange rates for the specified currency pair. Here are the steps to do this:
  
  
  Access the Exchange Rate Maintenance:
  
  Go to the SAP Easy Access screen.
  Navigate to the following path: Logistics -> General -> Currency -> Maintain Exchange Rates or use transaction code OB08.
  
  
  
  Maintain Exchange Rates:
  
  In the exchange rate maintenance screen, you can enter the currencies (for example, &1 and &2) and the relevant exchange rate.
  Ensure that you enter the correct date for which the exchange rate is valid.
  Save your changes.
  
  
  
  Check Existing Rates:
  
  If you believe the rates should already exist, check if they are valid for the date of the transaction you are trying to process.
  You can also check if there are any specific settings or configurations that might be affecting the availability of exchange rates.
  
  
  
  Consult with Finance Team:
  
  If you are unsure about the correct exchange rates or how to maintain them, consult with your finance or accounting team, as they typically handle currency-related configurations.
  
  
  
  Related Information:
  
  Transaction Codes: 
  
  OB08: Maintain Exchange Rates
  OB07: Define Exchange Rate Types
  
  
  Currency Configuration: Ensure that the currencies involved are properly configured in the system.
  Exchange Rate Types: Different types of exchange rates (e.g., average rate, spot rate) may be used depending on the business requirements.
  Documentation: Refer to SAP documentation or help resources for more detailed instructions on maintaining exchange rates.
  
  By following these steps, you should be able to resolve the CMS_CURR_CONV000 error and ensure that the necessary exchange rates are maintained in your SAP system.