How To Fix FKKEXR002 - The function for altern. exchange rates was not activated in Customizing.

FKKEXR002 - Overview

• Message type: E = Error

• Message class: FKKEXR - FI-CA: Exchange Rates, Currencies

• Message number: 002

• Message text: The function for altern. exchange rates was not activated in Customizing.

What causes this issue?

You have specified an alternative exchange rate for a tax item.

System Response

An alternative rate is only taken into account if the following path has
been activated in Customizing for the relevant company code under <ZK>
Contract Accounts Receivable and Payable | Organizational units | Set
U[ Company Code for Contract Accounts Receivable and Payable</>.

How to fix this error?

Check if the entry of the rate is correct and activate the function in
Customizing if need be.

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 FKKEXR002 - The function for altern. exchange rates was not activated in Customizing. ?

  The SAP error message FKKEXR002 indicates that the function for alternative exchange rates has not been activated in the system's customizing settings. This error typically arises in the context of financial transactions where alternative exchange rates are required, such as in the case of foreign currency transactions.
  
  Cause:
  The primary cause of this error is that the necessary configuration for alternative exchange rates has not been set up in the SAP system. This can happen if:
  
  The relevant customizing settings have not been activated.
  The system is not configured to handle alternative exchange rates for the specific transaction or module you are working with.
  
  
  Solution:
  To resolve the error FKKEXR002, you need to activate the function for alternative exchange rates in the SAP customizing settings. Here are the steps to do this:
  
  
  Access Customizing:
  
  Go to the SAP Easy Access screen.
  Enter transaction code SPRO to access the SAP Reference IMG.
  
  
  
  Navigate to the Relevant Path:
  
  Follow the path: Financial Accounting