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 exists.
  If it does not exist, you will need to create a new exchange rate entry for the relevant currencies and ensure it is valid for the date of the transaction.
  
  
  
  Validate Date:
  
  Ensure that the date of the transaction falls within the validity period of the exchange rate. If necessary, update the exchange rate to include the required date.
  
  
  
  Review Currency Configuration:
  
  Check the configuration settings for currencies in the system. Ensure that all necessary currencies are properly defined and activated.
  
  
  
  Correct Data Entry:
  
  Double-check the currency codes used in the transaction for any typographical errors. Ensure that the correct currency codes are being used.
  
  
  
  Consult Documentation:
  
  If the issue persists, consult SAP documentation or reach out to your SAP support team for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: 
  
  OB08: To maintain exchange rates.
  OBBS: To check the currency settings.
  
  
  Currency Types: Ensure that the currency types used in your transactions are correctly configured in the system.
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to currency exchange rates.
  
  By following these steps, you should be able to resolve the CPE_IPC521 error and ensure that currency exchange rates are correctly maintained in your SAP system.