How To Fix CPE_IPC521 - No currency exchange rate found for required entry

SAP Error Message - Details

• Message type: E = Error

• Message class: CPE_IPC - CPE: Message Class for Pricing Engine Part

• Message number: 521

• Message text: No currency exchange rate found for required entry

What causes this issue?

An error occurred with the commodity pricing engine (CPE) during FA
procedure determination, formula assembly, formula evaluation, or
formula analysis.

System Response

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

How to fix this error?

Contact your system administrator.

Procedure for System Administrators

The error occurred with the following object:
Pricing Condition Type, Term Number: &V1&
Period Determination Rule: &V2&
Type of Routine: &V3&

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message CPE_IPC521 - No currency exchange rate found for required entry ?

  The SAP error message CPE_IPC521, which states "No currency exchange rate found for required entry," typically occurs in the context of currency conversion in SAP systems, particularly when dealing with pricing, sales orders, or financial transactions that involve multiple currencies.
  
  Cause:
  
  Missing Exchange Rate: The primary cause of this error is that there is no exchange rate defined in the system for the currency pair being used in the transaction.
  Incorrect Validity Period: The exchange rate may exist, but it is not valid for the date of the transaction. Exchange rates in SAP are often time-sensitive.
  Currency 
  Configuration Issues: There may be issues with the configuration of currencies in the system, such as missing currency types or incorrect settings.
  Data Entry Errors: The currency codes used in the transaction may be incorrect or misspelled.
  
  
  Solution:
  
  
  Check Exchange Rates:
  
  Go to the transaction code OB08 (Maintain Exchange Rates) in SAP.
  Verify if the exchange rate for the required currency pair