How To Fix FTR_ASSIGNMENT055 - Maintain the exchange rate

SAP Error Message - Details

• Message type: E = Error

• Message class: FTR_ASSIGNMENT - FTR Assignment Management

• Message number: 055

• Message text: Maintain the exchange rate

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FTR_ASSIGNMENT055 - Maintain the exchange rate ?

  The SAP error message FTR_ASSIGNMENT055 typically indicates that there is an issue with the exchange rate settings in the system, particularly when dealing with financial transactions involving foreign currencies. This error often arises in the context of financial instruments or treasury management, where accurate exchange rates are crucial for proper valuation and reporting.
  Cause:
  The error message usually occurs due to one of the following reasons:
  
  Missing Exchange Rate: The exchange rate for the currency pair involved in the transaction is not maintained in the system.
  Incorrect Exchange Rate Type: The exchange rate type being used may not be defined or may not have valid rates for the specified date.
  Date Issues: The exchange rate may not be valid for the date of the transaction, either because it is in the future or because it has not been maintained for the required period.
  Currency Configuration: There may be issues with the configuration of the currencies involved, such as missing currency settings in the system.
  
  Solution:
  To resolve the FTR_ASSIGNMENT055 error, you can take the following steps:
  
  
  Maintain Exchange Rates:
  
  Go to the transaction code OB08 (or the relevant transaction for maintaining exchange rates).
  Check if the exchange rate for the currency pair is maintained for the required date.
  If not, enter the appropriate exchange rate for the relevant currency pair and date.
  
  
  
  Check Exchange Rate Type:
  
  Ensure that the exchange rate type being used in the transaction is correctly defined and has valid rates.
  You can check this in the configuration settings under SPRO > Financial Accounting > Financial Accounting Global Settings > Currencies > Define Exchange Rate Types.
  
  
  
  Verify Transaction Date:
  
  Ensure that the transaction date falls within the range of valid exchange rates. If the transaction date is in the future, you may need to wait until the rates are updated or enter a valid past date.
  
  
  
  Review Currency Configuration:
  
  Check the configuration for the currencies involved in the transaction to ensure they are set up correctly in the system.
  
  
  
  Consult Documentation:
  
  If the issue persists, consult SAP documentation or reach out to your SAP support team for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: 
  
  OB08: Maintain exchange rates.
  FTR_EDIT: Edit financial transactions (if applicable).
  
  
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to exchange rates and this error message.
  User Roles: Ensure that you have the necessary authorizations to maintain exchange rates in the system.
  
  By following these steps, you should be able to resolve the FTR_ASSIGNMENT055 error and ensure that your financial transactions involving foreign currencies are processed correctly.