How To Fix IM841 - Equipment: & No exchange rate of acquisition currency for stat.currency

SAP Error Message - Details

• Message type: E = Error

• Message class: IM - Maintenance notifications

• Message number: 841

• Message text: Equipment: & No exchange rate of acquisition currency for stat.currency

What causes this issue?

The acquisition values for the equipment are converted and copied in the
PM information system in the statistics currency.

System Response

The exchange rate for the conversion of the acquisition currency to
the statistics currency for the acquisition date is missing.

How to fix this error?

Maintain the exchange rate for the conversion of the acquisition
currency to the statistics currency for the acquisition date.

Error message extract from SAP system. Copyright SAP SE.

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• What is the cause and solution for SAP error message IM841 - Equipment: & No exchange rate of acquisition currency for stat.currency ?

  The SAP error message IM841 indicates that there is an issue with the exchange rate for the acquisition currency of an equipment item when trying to perform a transaction related to asset management or inventory management. This error typically arises when the system cannot find a valid exchange rate for the currency in which the asset was acquired, which is necessary for converting the acquisition value into the statutory currency.
  
  Cause:
  
  Missing Exchange Rate: The primary cause of this error is that there is no exchange rate defined in the system for the acquisition currency to the statutory currency for the relevant date.
  Incorrect Date: The date for which the exchange rate is being checked may not have a valid rate defined.
  Currency Configuration: There may be issues with the configuration of currencies in the system, such as missing or incorrect settings in the currency translation settings.
  Data Entry Errors: There could be errors in