How To Fix FITP290 - Selected rate is a local rate; no further rate information

FITP290 - Overview

• Message type: E = Error

• Message class: FITP -

• Message number: 290

• Message text: Selected rate is a local rate; no further rate information

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message FITP290 - Selected rate is a local rate; no further rate information ?

  The SAP error message FITP290, which states "Selected rate is a local rate; no further rate information," typically occurs in the context of financial transactions, particularly when dealing with foreign currency transactions or exchange rates in SAP.
  
  Cause:
  
  
  Local Rate Selection: The error indicates that the system has selected a local exchange rate for a currency conversion, but there is no additional rate information available for that local rate. This can happen if:
  
  The local rate is not defined in the system for the specific currency pair.
  The rate type being used does not have the necessary configuration or data.
  The date for which the rate is being requested does not have a corresponding rate defined.
  
  
  
  
  Configuration Issues: There may be issues with the configuration of the currency exchange rates in the system, such as missing entries in the exchange rate table.
  
  
  Date Mismatch: The date for which the transaction is being processed may not have a