How To Fix IDFIHU104 - Enter opening rate for rate type &

IDFIHU104 - Overview

• Message type: E = Error

• Message class: IDFIHU - FI Developments for Hungary

• Message number: 104

• Message text: Enter opening rate for rate type &

What causes this issue?

You have not specified an opening exchange rate for the corresponding
rate type.

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?

Before you start using the <DS:REPN.RFCASH_HU_AVP>Exchange Rate
Calculation for Cash Journal</> report, you need to calculate the
opening exchange rate with the corresponding exchange rate type and
maintain it in the Customizing activity
<DS:SIMG.SIMG_CFMENUORFBOB08>Enter Exchange Rates</>.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

IDFIHU104 - Details

• The SAP error message IDFIHU104, which states "Enter opening rate for rate type &," typically occurs in the context of financial transactions, particularly when dealing with foreign currency valuations or exchange rates in SAP. This error indicates that the system requires an opening exchange rate for a specified rate type, but it has not been provided.
  
  Cause:
  
  Missing Exchange Rate: The primary cause of this error is that the opening exchange rate for the specified rate type has not been maintained in the system.
  Incorrect Configuration: There may be a configuration issue where the rate type is not properly set up in the system.
  Data Entry Error: The user may have overlooked entering the required opening rate during the setup or transaction process.
  
  
  Solution:
  
  
  Maintain Exchange Rates:
  
  Go to the transaction code OB08 (or the relevant transaction for maintaining exchange rates).
  Check if the opening exchange rate for the specified rate type is maintained for the relevant currency