How To Fix GC073 - Exchange rate read from exchange rate table

SAP Error Message - Details

• Message type: E = Error

• Message class: GC - Error Messages for Consolidation/Extended General Ledger

• Message number: 073

• Message text: Exchange rate read from exchange rate table

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message GC073 - Exchange rate read from exchange rate table ?

  The SAP error message GC073 typically indicates an issue with the exchange rate being read from the exchange rate table. This error can occur in various financial transactions where currency conversion is required, such as during the posting of documents or when running reports that involve multiple currencies.
  Cause:
  
  Missing Exchange Rate: The exchange rate for the specified currency pair may not be maintained in the system for the required date.
  Incorrect Date: The date for which the exchange rate is being requested may not have a valid exchange rate entry.
  Currency Configuration: The currency configuration in the system may not be set up correctly, leading to issues in retrieving the exchange rate.
  Exchange Rate Type: The exchange rate type being used may not have been defined or may not have valid rates for the specified currencies.
  
  Solution:
  
  
  Check Exchange Rate Table: 
  
  Go to transaction code OB08 to view and maintain exchange rates. Ensure that the required exchange rate for the currency pair exists for the relevant date.
  If the rate is missing, you can enter it manually.
  
  
  
  Verify Date: 
  
  Ensure that the date for which the exchange rate is being requested is correct and that there is an exchange rate maintained for that date.
  
  
  
  Review Currency Configuration: 
  
  Check the configuration settings for currencies in your SAP system to ensure that they are set up correctly.
  
  
  
  Check Exchange Rate Type: 
  
  Ensure that the exchange rate type being used in the transaction is valid and has the necessary rates maintained. You can check this in transaction code OB08 as well.
  
  
  
  Consult Documentation: 
  
  If you are unsure about the exchange rate types or how to maintain them, refer to SAP documentation or consult with your SAP functional consultant.
  
  
  
  Related Information:
  
  
  Transaction Codes: 
  
  OB08: Maintain exchange rates.
  OB07: Define exchange rate types.
  OB22: Define currency types.
  
  
  
  SAP Notes: 
  
  Check SAP Notes for any known issues or patches related to exchange rates and currency conversion.
  
  
  
  User Authorization: 
  
  Ensure that you have the necessary authorizations to view and maintain exchange rates in the system.
  
  
  
  By following these steps, you should be able to resolve the GC073 error and ensure that the exchange rates are correctly maintained in your SAP system.