How To Fix FTI002 - Currency translation type &1 does not exist; you need to import it

FTI002 - Overview

• Message type: E = Error

• Message class: FTI - Treasury Information System

• Message number: 002

• Message text: Currency translation type &1 does not exist; you need to import it

What causes this issue?

Key figure &V2& is used in your report. This key figure refers to
currency translation type &V1& delivered by SAP. This is not available,
however, for your client.

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

System Response

Key figure &V2& cannot be calculated. It is set to zero.

How to fix this error?

Import currency translation type &V1& from client 000 in Customizing.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message FTI002 - Currency translation type &1 does not exist; you need to import it ?

  The SAP error message FTI002 indicates that a specific currency translation type, identified by the placeholder &1, does not exist in the system. This typically occurs when you are trying to perform a currency translation in SAP Financials (FI) or Controlling (CO) and the required translation type has not been defined or imported into the system.
  
  Cause:
  
  Missing Currency Translation Type: The specified currency translation type has not been created or imported into the SAP system.
  Incorrect Configuration: The configuration settings for currency translation may not be properly set up, leading to the system not recognizing the translation type.
  Transport Issues: If the translation type was supposed to be imported via a transport request, it may not have been successfully imported.
  
  
  Solution:
  
  
  Check Existing Translation Types:
  
  Go to the transaction code OB08 (or OBY6 for controlling) to check the existing currency translation types in your system.
  Verify if the translation type you are trying to use is listed.
  
  
  
  Create