How To Fix GLE_MCA404 - &1: Exchange rate &2 deviates from table rate &3 by &4 %

SAP Error Message - Details

• Message type: E = Error

• Message class: GLE_MCA - Multicurrency Accounting

• Message number: 404

• Message text: &1: Exchange rate &2 deviates from table rate &3 by &4 %

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

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Smart SAP Assistant

• What is the cause and solution for SAP error message GLE_MCA404 - &1: Exchange rate &2 deviates from table rate &3 by &4 % ?

  The SAP error message GLE_MCA404 indicates that there is a significant deviation between the exchange rate being used in a transaction and the exchange rate defined in the system's exchange rate table. This message is typically encountered in the context of financial transactions involving foreign currencies.
  Cause:
  
  Exchange Rate Variance: The exchange rate being used for a transaction (e.g., during a posting or a currency conversion) differs from the rate defined in the exchange rate table by a specified percentage.
  Configuration Issues: The exchange rate table may not be updated, or the rates may not be configured correctly.
  Market Fluctuations: Rapid changes in the foreign exchange market can lead to discrepancies between the rates used in transactions and those stored in the system.
  Incorrect Transaction Data: The transaction may have been entered with an incorrect exchange rate.
  
  Solution:
  
  Check Exchange Rate Table: Verify the exchange rates in the SAP system. You can do this by navigating to the transaction code OB08 (Maintain Exchange Rates) and checking if the rates are up to date.
  Update Exchange Rates: If the rates are outdated, update them to reflect the current market rates. Ensure that the rates are entered correctly for the relevant currency pairs.
  Review Transaction Data: Check the transaction that triggered the error to ensure that the correct exchange rate was used. If necessary, correct the transaction.
  Adjust Tolerance Settings: If the deviation is acceptable for your business processes, you may consider adjusting the tolerance settings for exchange rate differences in the configuration settings. This can be done in the Financial Accounting (FI) module under the relevant settings.
  Consult with Finance Team: If you are unsure about the correct rates or how to proceed, consult with your finance or treasury team to ensure compliance with financial policies.
  
  Related Information:
  
  Transaction Codes: 
  
  OB08: Maintain Exchange Rates
  FB50: Enter G/L Account Document
  FB01: Post Document
  
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance.
  Documentation: Review SAP documentation related to currency management and exchange rate handling for further insights.
  
  By following these steps, you should be able to resolve the GLE_MCA404 error and ensure that your exchange rates are correctly configured in the SAP system.