How To Fix FRMLCALC055 - Conversion between currencies &1 and &2 is not possible

SAP Error Message - Details

• Message type: E = Error

• Message class: FRMLCALC - Formula Calculations

• Message number: 055

• Message text: Conversion between currencies &1 and &2 is not possible

What causes this issue?

The system attempted to convert a monetary amount between the currencies
&V1& and &V2& based on the settings in Customizing. This was not
possible because conversion between these currencies is not defined in
Customizing.

System Response

The system will attempt to continue processing the monetary amount in
the original currency. This may lead to deviations.

How to fix this error?

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

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 FRMLCALC055 - Conversion between currencies &1 and &2 is not possible ?

  The SAP error message FRMLCALC055 indicates that there is an issue with currency conversion between two specified currencies (denoted as &1 and &2). This error typically arises in scenarios where a currency conversion is attempted, but the necessary exchange rate data is not available or is not configured correctly in the system.
  Causes:
  
  Missing Exchange Rate: The most common cause is that there is no exchange rate defined for the currencies involved in the conversion.
  Incorrect Currency Pair: The currencies specified may not be set up for conversion in the system.
  Inactive Exchange Rate Type: The exchange rate type being used may be inactive or not maintained.
  Date Issues: The exchange rate may not be valid for the date of the transaction or calculation.
  Configuration Issues: There may be configuration issues in the currency settings or in the financial module.
  
  Solutions:
  
  
  Check Exchange Rates:
  
  Go to the transaction code OB08 to check if the exchange rates for the currencies involved are maintained.
  Ensure that the exchange rate type you are using is correctly set up and has valid rates for the required date.
  
  
  
  Maintain Exchange Rates:
  
  If the exchange rate is missing, you can maintain it in the same transaction (OB08) by entering the required currency pair and the corresponding exchange rate.
  
  
  
  Verify Currency Configuration:
  
  Check the configuration settings for currencies in the SAP system to ensure that both currencies are properly defined and active.
  
  
  
  Check Date Validity:
  
  Ensure that the date for which the conversion is being attempted falls within the validity period of the exchange rate.
  
  
  
  Review Custom Code:
  
  If the error occurs in a custom program or report, review the code to ensure that it correctly handles currency conversions and that it references the correct exchange rate type.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for additional guidance on currency conversion and exchange rate maintenance.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  OB08: Maintain exchange rates.
  OBBS: Display exchange rates.
  OB07: Define exchange rate types.
  
  
  
  SAP Notes: Check SAP Notes for any known issues or patches related to currency conversion errors.
  
  
  User Roles: Ensure that the user has the necessary authorizations to view and maintain exchange rates.
  
  
  By following these steps, you should be able to resolve the FRMLCALC055 error and successfully perform currency conversions in SAP.