How To Fix IDCFM_US_FAMA_MSG202 - Invalid average exchange rate

IDCFM_US_FAMA_MSG202 - Overview

• Message type: E = Error

• Message class: IDCFM_US_FAMA_MSG - Treasury US Localization

• Message number: 202

• Message text: Invalid average exchange rate

What causes this issue?

No calculation basis specified for average exchange rate calculation.

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?

You must specify a calculation basis for the average exchange rate
calculation; this can include all the calendar days or only the business
days of a given period. The system will then calculate the average
exchange rate from the spot rates of the specified days.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message IDCFM_US_FAMA_MSG202 - Invalid average exchange rate ?

  The SAP error message IDCFM_US_FAMA_MSG202, which indicates "Invalid average exchange rate," typically arises in the context of financial transactions involving foreign currency. This error can occur during processes such as posting journal entries, running financial reports, or executing currency conversions.
  Causes:
  
  Incorrect Exchange Rate Configuration: The average exchange rate may not be set up correctly in the system. This could be due to missing rates for the relevant currency pair or incorrect rate types being used.
  Date Issues: The exchange rate might not be valid for the date of the transaction. Exchange rates are often time-sensitive, and if the date falls outside the range of valid rates, this error can occur.
  Currency Type Mismatch: The transaction may involve currencies that are not compatible or not properly defined in the system.
  Data Entry Errors: Manual entry errors in the transaction data can lead to invalid exchange rates being referenced.
  
  Solutions:
  
  
  Check Exchange Rate Configuration:
  
  Navigate to the transaction for