How To Fix GJ887 - Currency conversion & to & with type of rate & does not exist.

SAP Error Message - Details

• Message type: E = Error

• Message class: GJ - Joint Venture Accounting

• Message number: 887

• Message text: Currency conversion & to & with type of rate & does not exist.

What causes this issue?

Cutback tries to post a document for an intercompany partner (company
&V4&) with local currency &V2& for the transaction currency &V1&.
Since the local currency of the intercompany partner is different to
the local currency of the operator, cutback has to read the exchange
rates with type &V3&. These rates do not exist.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

<DS:TRAN.OB08>Maintain</> the exchange rates.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message GJ887 - Currency conversion & to & with type of rate & does not exist. ?

  The SAP error message GJ887 typically indicates an issue with currency conversion in the context of financial transactions or reporting. This error occurs when the system cannot find a valid exchange rate for the specified currencies and rate type. Here’s a breakdown of the cause, potential solutions, and related information:
  Cause:
  
  Missing Exchange Rate: The specified currency pair does not have an exchange rate defined in the system for the given rate type.
  Incorrect Rate Type: The rate type specified in the transaction may not be set up correctly or may not exist in the system.
  Date Issues: The exchange rate may not be valid for the date of the transaction. Exchange rates are often time-sensitive.
  Configuration Issues: There may be configuration issues in the currency settings or in the financial module settings.
  
  Solution:
  
  
  Check Exchange Rates:
  
  Go to the transaction code OB08 (Maintain Exchange Rates) and verify if the exchange rate for the specified currency pair and rate type exists.
  If it does not exist, you will need to create a new entry for the required currency pair and rate type.
  
  
  
  Verify Rate Type:
  
  Ensure that the rate type used in the transaction is correctly defined in the system. You can check this in the configuration settings under SPRO > Financial Accounting > Financial Accounting Global Settings > Currencies > Define Exchange Rate Types.
  
  
  
  Check Transaction Date:
  
  Ensure that the transaction date falls within the validity period of the exchange rate. If the rate is only valid for certain dates, you may need to adjust the transaction date or add a new rate for the required date.
  
  
  
  Review Configuration:
  
  If you suspect configuration issues, review the settings related to currencies and exchange rates in the SAP configuration. Ensure that all necessary settings are correctly configured.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for additional guidance on handling currency conversion issues.
  
  
  
  Related Information:
  
  Transaction Codes:
  
  OB08: Maintain Exchange Rates
  SPRO: Access to SAP Customizing Implementation Guide
  
  
  Exchange Rate Types: Common rate types include M (Average Rate), B (Bank Buying Rate), and G (Bank Selling Rate). Ensure you are using the correct type for your transaction.
  Currency Configuration: Ensure that the currencies involved in the transaction are properly configured in the system.
  
  If the issue persists after checking these areas, it may be beneficial to consult with your SAP support team or a functional consultant who specializes in financial modules.