How To Fix GJ553 - Cash Call Exceeds the Exchange Rate Tolerance.

SAP Error Message - Details

• Message type: E = Error

• Message class: GJ - Joint Venture Accounting

• Message number: 553

• Message text: Cash Call Exceeds the Exchange Rate Tolerance.

What causes this issue?

The difference between the funding and local amounts is greater than
the tolerance limits for the exchange rate.

System Response

A warning is given to allow for verification of the entered values.

How to fix this error?

Verify that the exchange rate shown is the rate needed for the
transaction, then press enter to proceed.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message GJ553 - Cash Call Exceeds the Exchange Rate Tolerance. ?

  The SAP error message GJ553, "Cash Call Exceeds the Exchange Rate Tolerance," typically occurs in the context of cash calls in the oil and gas industry, particularly when dealing with foreign currency transactions. This error indicates that the cash call amount exceeds the predefined tolerance limits set for exchange rate differences.
  Cause:
  
  Exchange Rate Tolerance Settings: The system has a defined tolerance limit for exchange rate differences. If the cash call amount exceeds this limit, the error is triggered.
  Currency Conversion Issues: The exchange rate used for converting the cash call amount may not align with the expected rate, leading to discrepancies.
  Incorrect Configuration: The configuration settings for exchange rates or cash calls may not be set up correctly, leading to unexpected results.
  Data Entry Errors: Manual entry errors in the cash call amounts or exchange rates can also lead to this issue.
  
  Solution:
  
  
  Review Exchange Rate Tolerance Settings:
  
  Navigate to the configuration settings for exchange rate tolerances in SAP.
  Check the tolerance limits set for cash calls and adjust them if necessary to accommodate the current transaction.
  
  
  
  Verify Exchange Rates:
  
  Ensure that the exchange rates used for the cash call are accurate and up-to-date.
  You can check the exchange rates in the SAP system using transaction codes like OB08 (Maintain Exchange Rates).
  
  
  
  Adjust Cash Call Amounts:
  
  If the cash call amount is indeed correct but exceeds the tolerance, consider adjusting the amount to fall within the acceptable range.
  
  
  
  Check Configuration:
  
  Review the configuration settings related to cash calls and currency handling in the SAP system to ensure they are set up correctly.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidance on handling cash calls and exchange rate tolerances.
  
  
  
  Contact Support:
  
  If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OB08 (for exchange rates), GJ91 (for cash call processing), and others that may be relevant to your specific SAP configuration.
  SAP Notes: Check for any SAP Notes related to cash calls and exchange rate tolerances that may provide additional insights or solutions.
  User Roles and Authorizations: Ensure that the user processing the cash call has the necessary authorizations to make changes to exchange rates or cash call amounts.
  
  By following these steps, you should be able to identify the cause of the GJ553 error and implement a suitable solution.