How To Fix FKKRATING202 - Currency translation error in net price calculation

SAP Error Message - Details

• Message type: E = Error

• Message class: FKKRATING - Error from the rating

• Message number: 202

• Message text: Currency translation error in net price calculation

What causes this issue?

The price of the material is in a foreign currency. The system was not
able to convert the price into the foreign currency.

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?

Ensure that the exchange rate is correctly maintained in the foreign
currency.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FKKRATING202 - Currency translation error in net price calculation ?

  The SAP error message FKKRATING202 indicates a currency translation error that occurs during the net price calculation in the SAP system, particularly in the context of contract accounting or financial transactions involving multiple currencies. This error typically arises when the system is unable to find a valid exchange rate for the currencies involved in the transaction.
  Causes of FKKRATING202
  
  
  Missing Exchange Rate: The most common cause is that there is no exchange rate defined for the currency pair involved in the transaction. This can happen if the exchange rate has not been maintained in the system.
  
  
  Invalid Exchange Rate Type: The exchange rate type being used may not be valid or may not have been set up correctly in the system.
  
  
  Date Issues: The exchange rate may not be valid for the date of the transaction. Exchange rates can change daily, and if the rate is not maintained for the specific date, the system will throw this error.
  
  
  Currency Configuration: There may be issues with the configuration of the currencies in the system, such as missing currency settings or incorrect currency types.
  
  
  Solutions to FKKRATING202
  
  
  Maintain Exchange Rates:
  
  Go to the transaction code OB08 to maintain exchange rates.
  Ensure that the exchange rate for the relevant currency pair is defined and valid for the date of the transaction.
  
  
  
  Check Exchange Rate Type:
  
  Verify that the correct exchange rate type is being used in the transaction.
  You can check the configuration of exchange rate types in the transaction code OB07.
  
  
  
  Review Transaction Date:
  
  Ensure that the transaction date falls within the range of valid exchange rates. If necessary, update the exchange rates for the required dates.
  
  
  
  Currency Configuration:
  
  Check the configuration of the currencies involved in the transaction. Ensure that all necessary settings are correctly configured in the system.
  
  
  
  Testing:
  
  After making the necessary changes, test the transaction again to see if the error persists.
  
  
  
  Related Information
  
  
  Transaction Codes:
  
  OB08: Maintain exchange rates.
  OB07: Maintain exchange rate types.
  
  
  
  Documentation: Refer to SAP Help documentation for detailed information on currency translation and exchange rate maintenance.
  
  
  Support: If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting SAP Notes for any known issues related to this error.
  
  
  By following these steps, you should be able to resolve the FKKRATING202 error and ensure that currency translations are handled correctly in your SAP system.