How To Fix FINS_CFIN_ACTRATE002 - No exchange rate type for &1 &2 &3

SAP Error Message - Details

• Message type: E = Error

• Message class: FINS_CFIN_ACTRATE - Message for Price Planning: Posting

• Message number: 002

• Message text: No exchange rate type for &1 &2 &3

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message FINS_CFIN_ACTRATE002 - No exchange rate type for &1 &2 &3 ?

  The SAP error message FINS_CFIN_ACTRATE002 indicates that there is no exchange rate type defined for the specified currency pair in the system. This error typically occurs in the context of financial transactions where currency conversion is required, such as during the posting of documents or during the execution of financial reports.
  Cause:
  The error can be caused by several factors:
  
  Missing Exchange Rate Type: The exchange rate type for the specified currencies (e.g., from currency A to currency B) is not defined in the system.
  Incorrect Configuration: The exchange rate type may not be properly configured in the system settings.
  Inactive Exchange Rate Type: The exchange rate type exists but is not active for the specified date or period.
  Currency Pair Not Supported: The currency pair being used may not be supported or defined in the system.
  
  Solution:
  To resolve the error, you can take the following steps:
  
  
  Check Exchange Rate Types:
  
  Go to the transaction code OB08 (Maintain Exchange Rates).
  Verify if the exchange rate type for the specified currencies exists.
  If it does not exist, you will need to create it.
  
  
  
  Create or Update Exchange Rate:
  
  If the exchange rate type is missing, you can create it by entering the required currency pair and the corresponding exchange rate.
  Ensure that the exchange rate is valid for the date of the transaction.
  
  
  
  Check Configuration:
  
  Ensure that the exchange rate type is properly configured in the system.
  Check the settings in OB07 (Define Exchange Rate Types) to ensure that the exchange rate type is active and correctly set up.
  
  
  
  Review Currency Settings:
  
  Ensure that the currencies involved in the transaction are correctly defined in the system.
  Check if there are any restrictions or settings that might prevent the use of certain currency pairs.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources for any specific configurations related to your version of SAP.
  
  
  
  Contact Support:
  
  If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes:
  
  OB08: Maintain Exchange Rates
  OB07: Define Exchange Rate Types
  
  
  SAP Notes: Check for any relevant SAP Notes that might address this specific error or provide additional guidance.
  Documentation: Review SAP Help Portal for detailed information on currency management and exchange rate configuration.
  
  By following these steps, you should be able to identify and resolve the cause of the FINS_CFIN_ACTRATE002 error in your SAP system.