How To Fix FTR_CMMF_EVAL253 - Exchange rate type is initial

FTR_CMMF_EVAL253 - Overview

• Message type: E = Error

• Message class: FTR_CMMF_EVAL - Commodity Evaluation Messages

• Message number: 253

• Message text: Exchange rate type is initial

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.

Unfortunately, there isn't any extra information in this error notice.

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Smart SAP Assistant

• What is the cause and solution for SAP error message FTR_CMMF_EVAL253 - Exchange rate type is initial ?

  The SAP error message FTR_CMMF_EVAL253 with the description "Exchange rate type is initial" typically occurs in the context of financial transactions, particularly when dealing with foreign currency valuations or financial instruments. This error indicates that the system is unable to find a valid exchange rate type for the transaction being processed.
  
  Cause:
  
  Missing Exchange Rate Type: The exchange rate type has not been defined or is not specified in the relevant configuration or transaction.
  Incorrect Configuration: The exchange rate type may not be properly configured in the system settings.
  Transaction Data Issues: The transaction data being processed may not include the necessary information regarding the exchange rate type.
  Currency Settings: The currency settings for the transaction may not align with the expected configurations.
  
  
  Solution:
  
  
  Define Exchange Rate Type:
  
  Go to the transaction code OB08 to maintain exchange rates.
  Ensure that the required exchange rate type is defined and has valid rates for the currencies involved.
  
  
  
  Check Configuration:
  
  Verify the configuration settings