How To Fix IDCFM_US_FAMA_MSG203 - Invalid date for average exchange rate calculation

IDCFM_US_FAMA_MSG203 - Overview

• Message type: E = Error

• Message class: IDCFM_US_FAMA_MSG - Treasury US Localization

• Message number: 203

• Message text: Invalid date for average exchange rate calculation

What causes this issue?

You specified an invalid posting date.

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 valid posting date; this can be either the planned
(transactional) posting date, the payment date, or the value date.
<ZH>Example</>:
There is an Euro Bond with EUR 5,000,000 nominal value in your
portfolio. The fixed coupon rate is 3.5% with interest method act/360,
the coupon date is on October 15, 2010 (quarterly). The coupon period is
between October 15, 2010 and January 14, 2011 (as the last interest day
of the period). The coupon payment date is scheduled on January 15,
2011. Because this is a Saturday, the value date is Monday, January 17,
2011.

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_MSG203 - Invalid date for average exchange rate calculation ?

  The SAP error message IDCFM_US_FAMA_MSG203, which indicates "Invalid date for average exchange rate calculation," typically arises in the context of financial transactions or postings that involve currency conversion. This error suggests that the date being used for the average exchange rate calculation is not valid or does not correspond to an available exchange rate in the system.
  Causes:
  
  Invalid Date: The date specified for the transaction may not fall within the range of dates for which exchange rates are maintained in the system.
  Missing Exchange Rates: There may be no exchange rate defined for the currency pair on the specified date.
  Incorrect Configuration: The configuration settings for currency conversion or exchange rate types may not be set up correctly.
  Posting Period Issues: The posting period may be closed, or the date may fall outside of the allowed posting periods.
  
  Solutions:
  
  
  Check Exchange Rates: Verify that the exchange rates for the relevant currency pair are maintained in the