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

GJ553 - Overview

• 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.

GJ553 - Details

• 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