How To Fix IDCFM_US_FAMA_MSG202 - Invalid average exchange rate

SAP Error Message - Details

• 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 maintaining exchange rates (e.g., OB08) and verify that the average exchange rates for the relevant currency pairs are correctly defined.
  Ensure that the rates are valid for the date of the transaction.
  
  
  
  Review Transaction Dates:
  
  Confirm that the transaction date falls within the range of valid exchange rates. If necessary, update the exchange rates to include the required date.
  
  
  
  Verify Currency Settings:
  
  Ensure that the currencies involved in the transaction are correctly set up in the system. Check for any discrepancies in currency codes or definitions.
  
  
  
  Correct Data Entry:
  
  Review the transaction data for any manual entry errors. Ensure that all fields are filled out correctly and that the correct currency codes are used.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidance on handling exchange rates and related configurations.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OB08 (Maintain Exchange Rates), FBL1N (Vendor Line Items), or FBL3N (G/L Account Line Items) to troubleshoot and resolve issues.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message. SAP Notes can provide additional context or solutions that may not be immediately apparent.
  User Roles and Authorizations: Ensure that the user has the necessary authorizations to view and modify exchange rate settings.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a functional consultant who specializes in financial modules.