How To Fix FCLM_CASH_RCNCLTON016 - Exchange rates or exchange rate types are not properly defined.

SAP Error Message - Details

• Message type: E = Error

• Message class: FCLM_CASH_RCNCLTON -

• Message number: 016

• Message text: Exchange rates or exchange rate types are not properly defined.

What causes this issue?

If the two sides of a reconciliation have difference currencies, the
system translates both currencies to the bank account currency for
reconciliation. As a result, the system cannot do the reconciliation if
the following settings are not properly defined:
Tolerance group for this bank account is not defined
If there is no tolerance group defined and assigned to this bank account
for cash flow reconciliation, reconciliations between different
currencies are not supported.
The exchange rate type for the tolerance group is not defined
If no exchange rate type is defined for the tolerance group, the system
cannot perform currency translation for cash flow reconciliation.
The exchange rates between the following currencies are not defined
The intraday memo record currency and the bank account currency
The cash flow currency and the bank account currency

System Response

Reconciliation is canceled.

How to fix this error?

Proceed as follows:
In the Fiori Launchpad, open the <LS>Manage Bank Accounts</> app, and
then find the bank account.
In the bank account master data, make sure there is a tolerance group
defined in the <LS>Tolerance Group for Reconciliation </>field in the
<LS>Bank Relationship </>section.
If not, edit the bank account and then specify a tolerance group.

You can define tolerance groups in the <LS>Define Tolerance Groups for
Cash Flow Reconciliation</> configuration step. You can find this step
in the <LS>Manage Your Solution </>app, under <LS>Finance</> -> <LS>Cash
and Liquidity Management</> -> <LS>Cash Operations</>.
In the <LS>Define Tolerance Groups for Cash Flow Reconciliation</>
configuration step, find the assigned tolerance group.
Make sure an exchange rate type is defined in the tolerance group.

You can define tolerance groups in the <LS>Define Tolerance Groups for
Cash Flow Reconciliation</> Customizing activity. You can find this
activity in Customizing under <LS>Financial Supply Chain Management</>
-> <LS>Cash and Liquidity Management</> -> <LS>Cash Management</> ->
<LS>Cash Flow Reconciliation</>.
In the <LS>Define Tolerance Groups for Cash Flow Reconciliation</>
Customizing activity, find the assigned tolerance group.
Make sure an exchange rate type is defined in the tolerance group.
In the <LS>Enter Exchange Rates </>Customizing activity, make sure
exchange rates are defined for the following currencies:
The intraday memo record currency and the bank account currency
The cash flow currency and the bank account currency
You can find this Customizing activity in Customizing under <LS>SAP
NetWeaver</> -> <LS>General Settings</>-> <LS>Currencies</>.

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 FCLM_CASH_RCNCLTON016 - Exchange rates or exchange rate types are not properly defined. ?

  The SAP error message FCLM_CASH_RCNCLTON016 indicates that there is an issue with the exchange rates or exchange rate types in the system. This error typically arises in the context of cash management or financial transactions where currency conversion is required.
  Cause:
  
  Missing Exchange Rate Types: The exchange rate type that is being referenced in the transaction may not be defined in the system.
  Missing Exchange Rates: The specific exchange rates for the currencies involved may not be maintained in the system for the relevant date.
  Incorrect Configuration: The configuration settings for currency conversion may not be set up correctly in the system.
  Date Issues: The exchange rate may not be available for the date of the transaction, leading to the error.
  
  Solution:
  
  
  Check Exchange Rate Types:
  
  Go to the transaction code OB08 to check if the required exchange rate types are defined.
  If not, you may need to create or modify the exchange rate types as necessary.
  
  
  
  Maintain Exchange Rates:
  
  Use transaction code OB08 to maintain the exchange rates for the relevant currency pairs.
  Ensure that the exchange rates are defined for the specific date or date range required for the transaction.
  
  
  
  Review Configuration:
  
  Check the configuration settings in the SAP system related to currency conversion and cash management.
  Ensure that all necessary settings are correctly configured.
  
  
  
  Check Transaction Dates:
  
  Verify that the transaction date falls within the range of dates for which exchange rates are maintained.
  If the transaction date is outside the range, you may need to update the exchange rates or adjust the transaction date.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources for additional guidance on managing exchange rates and types.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the above points, consider reaching out to SAP support for further assistance.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  OB08: Maintain exchange rates.
  OB22: Define exchange rate types.
  
  
  
  SAP Notes: Check for any relevant SAP Notes that may address known issues or provide additional guidance on this error message.
  
  
  User Roles: Ensure that the user has the necessary authorizations to maintain exchange rates and types in the system.
  
  
  By following these steps, you should be able to resolve the error message FCLM_CASH_RCNCLTON016 and ensure that exchange rates are properly defined in your SAP system.