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

FKKRATING202 - Overview

• 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.

FKKRATING202 - Details

• 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