How To Fix GLE_MCA631 - &1: Previous exchange rate does not exist in specified validity period

SAP Error Message - Details

• Message type: E = Error

• Message class: GLE_MCA - Multicurrency Accounting

• Message number: 631

• Message text: &1: Previous exchange rate does not exist in specified validity period

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message GLE_MCA631 - &1: Previous exchange rate does not exist in specified validity period ?

  The SAP error message GLE_MCA631 indicates that there is an issue with the exchange rate used in a transaction. Specifically, it means that the system cannot find a valid exchange rate for the specified currency pair within the defined validity period. This error typically occurs in the context of financial transactions, such as when posting journal entries or processing foreign currency transactions.
  
  Cause:
  
  Missing Exchange Rate: The exchange rate for the currency pair does not exist in the system for the date of the transaction.
  Incorrect Validity Period: The validity period for the exchange rate may not cover the date of the transaction.
  Currency Configuration: The currency configuration in the system may not be set up correctly, leading to missing rates.
  Data Entry Error: There may be a mistake in the date or currency codes entered in the transaction.
  
  
  Solution:
  
  
  Check Exchange Rate Table: 
  
  Go to the transaction code OB08 (Maintain Exchange Rates) to check if the