How To Fix IDCFM_US_FAMA_MSG205 - Period for calculation of the average exchange rate cannot be identified

SAP Error Message - Details

• Message type: E = Error

• Message class: IDCFM_US_FAMA_MSG - Treasury US Localization

• Message number: 205

• Message text: Period for calculation of the average exchange rate cannot be identified

What causes this issue?

You specified the &V1& update type for the given product in Customizing,
for which an average exchange rate must be calculated. The time period
for the average exchange rate for the update type cannot be identified.

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?

Specify valid period for the average exchange rate calculation.

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_MSG205 - Period for calculation of the average exchange rate cannot be identified ?

  The SAP error message IDCFM_US_FAMA_MSG205, which states "Period for calculation of the average exchange rate cannot be identified," typically occurs in the context of financial transactions involving foreign currency. This error indicates that the system is unable to determine the appropriate period for calculating the average exchange rate for a specific currency.
  Causes:
  
  Missing Exchange Rate Data: The exchange rate data for the specified currency and period may not be maintained in the system.
  Incorrect Configuration: The configuration settings for currency translation or exchange rate types may be incorrect or incomplete.
  Period Not Defined: The fiscal period for which the average exchange rate is being calculated may not be defined in the system.
  Currency Type Issues: The currency type used in the transaction may not have a corresponding exchange rate defined.
  Date Range Issues: The date range for the transaction may fall outside the periods for which exchange rates are maintained.
  
  Solutions:
  
  
  Check Exchange Rate Maintenance:
  
  Go to the