How To Fix GL542 - Translation from & to & not possible for period &

SAP Error Message - Details

• Message type: E = Error

• Message class: GL - FI-SL Rollup

• Message number: 542

• Message text: Translation from & to & not possible for period &

What causes this issue?

In table TCURR (exchange rates), there is no entry for the translation
of &V1& to &V2& for period &V3&.
For this reason, the cost center currency of the end cost center could
not be translated into the cost center currency of the node cost
center.
The amounts in cost center currency are therefore incorrect.

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?

Maintain the relevant exchange rate in table TCURR.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message GL542 - Translation from & to & not possible for period & ?

  The SAP error message GL542, which states "Translation from & to & not possible for period &," typically occurs in the context of currency translation in financial accounting. This error indicates that the system is unable to perform a currency translation for a specified period due to various reasons.
  Causes:
  
  Missing Exchange Rates: The most common cause is that there are no exchange rates defined for the currency pair (from currency to to currency) for the specified period.
  Incorrect Configuration: The currency translation settings in the system may not be configured correctly.
  Period Not Open: The financial period for which the translation is being attempted may not be open for posting.
  Currency Type Issues: The currency type used in the translation may not be set up correctly in the system.
  Data Consistency Issues: There may be inconsistencies in the data that prevent the translation from being processed.
  
  Solutions:
  
  
  Check Exchange Rates:
  
  Go to the transaction code OB08 to check if the exchange rates for the relevant currency pair are maintained for the specified period.
  If not, you will need to enter the appropriate exchange rates.
  
  
  
  Verify Period Status:
  
  Ensure that the financial period you are trying to translate is open. You can check this in the transaction code OB52.
  If the period is closed, you may need to open it or perform the translation for an open period.
  
  
  
  Review Currency Configuration:
  
  Check the configuration settings for currency translation in the system. This can be done in the transaction code OBY6 or through the Financial Accounting (FI) configuration menu.
  Ensure that the currency types and translation methods are correctly set up.
  
  
  
  Check for Data Consistency:
  
  Review the data for any inconsistencies that might be causing the issue. This may involve checking the relevant financial documents and ensuring that all necessary data is complete and accurate.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for additional guidance on currency translation and related settings.
  
  
  
  Related Information:
  
  Transaction Codes:
  
  OB08: Maintain Exchange Rates
  OB52: Open and Close Posting Periods
  OBY6: Configure Currency Translation
  
  
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to this error message.
  User Authorization: Ensure that you have the necessary authorizations to perform the required actions 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 accounting within SAP.