How To Fix CPE_IPC526 - No substitution found for currency exchange rate on requested date

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 526

• Message text: No substitution found for currency exchange rate on requested date

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_IPC526 - No substitution found for currency exchange rate on requested date ?

  The SAP error message CPE_IPC526 indicates that the system could not find a substitution for the currency exchange rate on the requested date. This typically occurs in scenarios involving currency conversion, such as when processing financial transactions, pricing, or reporting.
  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 on the specified date.
  Incorrect Date: The date for which the exchange rate is being requested may not be valid or may not fall within the range of available exchange rates.
  Currency Configuration: The currencies involved may not be properly configured in the system, or the exchange rate type being used may not have been maintained.
  Data Entry Errors: There may be a typo or error in the currency codes or the date format being used in the transaction.
  
  Solution:
  
  
  Check Exchange Rates: 
  
  Go to the transaction code OB08 (Maintain Exchange Rates) in SAP.
  Verify if the exchange rate for the specific currency pair exists for the requested date. If not, you will need to enter the appropriate exchange rate.
  
  
  
  Maintain Exchange Rate Types:
  
  Ensure that the exchange rate type being used in your transaction is correctly maintained and that the rates are available for that type.
  You can check this in the configuration settings under SPRO > Financial Accounting > Financial Accounting Global Settings > Currencies > Define Exchange Rate Types.
  
  
  
  Review Date and Currency Codes:
  
  Double-check the date and currency codes being used in the transaction to ensure they are correct.
  Ensure that the date falls within the range of the maintained exchange rates.
  
  
  
  Consult Documentation: 
  
  If you are unsure about the exchange rate maintenance process, refer to SAP documentation or consult with your SAP functional consultant for guidance.
  
  
  
  System Configuration: 
  
  If the issue persists, it may be necessary to review the overall configuration of currency settings in your SAP system to ensure everything is set up correctly.
  
  
  
  Related Information:
  
  Transaction Codes: 
  
  OB08: Maintain Exchange Rates
  SPRO: Access to configuration settings
  
  
  Exchange Rate Types: Different types of exchange rates can be defined (e.g., spot rates, average rates) and should be maintained according to business requirements.
  Currency Configuration: Ensure that all relevant currencies are configured in the system and that the necessary settings are in place for currency conversion.
  
  By following these steps, you should be able to resolve the CPE_IPC526 error and ensure that the necessary exchange rates are available for your transactions.