How To Fix F4034 - Group liabilities incomplete - the rate for & & is missing in TCURR

SAP Error Message - Details

• Message type: E = Error

• Message class: F4 - Line items/balances/configuration

• Message number: 034

• Message text: Group liabilities incomplete - the rate for & & is missing in TCURR

What causes this issue?

The exchange rate of company code currency &V1& is not maintained in
local currency &V2& of the company code displayed; the group liabilities
only contain the amounts in the currencies here for which exchange rates
could be found.

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?

Define the missing exchange rate.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message F4034 - Group liabilities incomplete - the rate for & & is missing in TCURR ?

  The SAP error message F4034, which states "Group liabilities incomplete - the rate for & & is missing in TCURR," typically occurs when there is a missing exchange rate for a specific currency pair in the TCURR table. This table is used by SAP to store exchange rates for currency conversions, and if the required rate is not present, it can lead to issues in financial transactions, particularly in group reporting or when dealing with foreign currency transactions.
  Cause:
  
  Missing Exchange Rate: The primary cause of this error is that the exchange rate for the specified currency pair is not maintained in the TCURR table.
  Incorrect Currency Configuration: There may be an issue with the configuration of currencies in the system, leading to missing rates.
  Date Range Issues: The exchange rate may not be available for the date of the transaction, or the rate may not be valid for the period being processed.
  
  Solution:
  
  
  Maintain Exchange Rates:
  
  Go to the transaction code OB08 (or use the menu path: Accounting > Financial Accounting > General Ledger > Master Data > Currencies > Maintain Exchange Rates).
  Check if the exchange rate for the required currency pair is present. If it is missing, you will need to enter the appropriate exchange rate for the relevant date.
  Ensure that the exchange rate is maintained for the correct currency pair and that it is valid for the date of the transaction.
  
  
  
  Check Date Validity:
  
  Ensure that the exchange rate is valid for the date of the transaction. If the transaction date falls outside the range of valid rates, you will need to add or adjust the rates accordingly.
  
  
  
  Review Currency Configuration:
  
  Check the configuration of currencies in your SAP system to ensure that all necessary currencies are properly set up and that there are no discrepancies.
  
  
  
  Consult Documentation:
  
  If you are unsure about the required rates or how to maintain them, refer to SAP documentation or consult with your SAP support team for guidance.
  
  
  
  Related Information:
  
  TCURR Table: This table contains the exchange rates for currency conversions. You can view it directly in the database to check for existing rates.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OB08 (Maintain Exchange Rates) and OBA1 (Maintain Exchange Rate Types) for managing currency settings.
  Currency Types: Understand the different types of currencies (e.g., local currency, group currency, hard currency) and how they are used in your financial reporting.
  
  By following these steps, you should be able to resolve the F4034 error and ensure that the necessary exchange rates are maintained in your SAP system.