How To Fix G06062 - ERI &1: No exchange rate type defined in version &2, year &3, period &4

SAP Error Message - Details

• Message type: E = Error

• Message class: G06 - SAP Cons - Error Message re. Consolidation of Investments

• Message number: 062

• Message text: ERI &1: No exchange rate type defined in version &2, year &3, period &4

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.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message G06062 - ERI &1: No exchange rate type defined in version &2, year &3, period &4 ?

  The SAP error message G06062 indicates that there is no exchange rate type defined for a specific version, year, and period in the system. This error typically arises when you are trying to perform a transaction that requires an exchange rate, but the necessary exchange rate data is missing.
  Cause:
  
  Missing Exchange Rate Type: The specified exchange rate type is not defined for the given version, year, and period.
  Incorrect Configuration: The configuration for exchange rates may not have been set up correctly in the system.
  Data Entry Error: There may be a mistake in the data entry where the wrong version, year, or period is being referenced.
  
  Solution:
  
  
  Define Exchange Rate Type:
  
  Go to the transaction code OB08 (Maintain Exchange Rates).
  Check if the exchange rate type you are trying to use is defined for the specified version, year, and period.
  If it is not defined, you will need to enter the appropriate exchange rates for that period.
  
  
  
  Check Version Configuration:
  
  Ensure that the version you are using is correctly configured in the system.
  You can check this in the configuration settings under Financial Accounting (FI) > General Ledger Accounting > Master Data > G/L Accounts > Define Versions.
  
  
  
  Review Transaction Data:
  
  Verify that the transaction you are trying to execute is referencing the correct version, year, and period.
  Make sure that the data being entered is accurate and corresponds to the existing exchange rates.
  
  
  
  Consult Documentation:
  
  If you are unsure about the exchange rate types or how to configure them, refer to the SAP documentation or consult with your SAP administrator.
  
  
  
  Related Information:
  
  Exchange Rate Types: These are defined in SAP to manage different types of currency conversions (e.g., spot rates, average rates).
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OB08 (Maintain Exchange Rates) and OB07 (Define Exchange Rate Types).
  SAP Notes: Check for any SAP Notes related to exchange rates and currency conversion issues that may provide additional insights or fixes.
  
  By following these steps, you should be able to resolve the G06062 error and ensure that the necessary exchange rate data is available for your transactions.