How To Fix GMMASTERDATA076 - Exchange rate factors between &1 and &2 are not maintained

SAP Error Message - Details

• Message type: E = Error

• Message class: GMMASTERDATA - Grant master data maintenance messages only

• Message number: 076

• Message text: Exchange rate factors between &1 and &2 are not maintained

What causes this issue?

Exchange rate data is not available.

System Response

The grant cannot be saved.

How to fix this error?

Maintain the exchange rate between the company code currency and the
grant currency for rate type "M", and ensure that it is valid on the
exchange rate date entered in the grant master.

Procedure for System Administrators

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

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message GMMASTERDATA076 - Exchange rate factors between &1 and &2 are not maintained ?

  The SAP error message GMMASTERDATA076 indicates that there are no maintained exchange rate factors between two specified currencies in the system. This error typically arises in the context of financial transactions, particularly in the area of public sector management (PSM) or when dealing with foreign currency transactions.
  
  Cause:
  The error occurs when:
  
  You are trying to perform a transaction that involves currency conversion between two currencies (e.g., from currency &1 to currency &2).
  The exchange rate factors (or exchange rates) for the specified currencies have not been defined or maintained in the system.
  
  
  Solution:
  To resolve this error, you need to maintain the exchange rate factors between the two currencies. Here are the steps to do this:
  
  
  Access the Exchange Rate Maintenance Transaction:
  
  Use transaction code OB08 (or navigate through the menu: SAP Easy Access > Accounting > Financial Accounting > General Ledger > Master Data > Currencies > Maintain Exchange Rates).
  
  
  
  Enter the Currencies:
  
  In the exchange rate maintenance