How To Fix J2421 - Translation rate & to & on & with rate type & does not exist

SAP Error Message - Details

• Message type: E = Error

• Message class: J2 - Message Class for Development Class JBT

• Message number: 421

• Message text: Translation rate & to & on & with rate type & does not exist

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message J2421 - Translation rate & to & on & with rate type & does not exist ?

  The SAP error message J2421 indicates that there is an issue with the translation rate for a specific currency pair and rate type in the system. This error typically arises in the context of currency translation in financial transactions, where the system is unable to find the required exchange rate for the specified currencies and rate type.
  Cause:
  
  Missing Exchange Rate: The most common cause of this error is that the exchange rate for the specified currency pair (from currency to currency) does not exist in the system for the given rate type.
  Incorrect Rate Type: The rate type specified in the transaction may not be defined or may not have any rates set up for the currencies involved.
  Date Issues: The exchange rate may not be valid for the date of the transaction. Rates are often time-sensitive, and if the date falls outside the range of valid rates, the system will not find a match.
  Configuration Issues: There may be configuration issues in the currency translation settings or in the financial settings of the SAP system.
  
  Solution:
  
  
  Check Exchange Rates:
  
  Go to the transaction code OB08 (Maintain Exchange Rates) in SAP.
  Verify if the exchange rate for the specified currency pair and rate type exists.
  If it does not exist, you will need to enter the appropriate exchange rate for the required date.
  
  
  
  Verify Rate Type:
  
  Ensure that the rate type specified in the transaction is correct and that it is configured properly in the system.
  You can check the configuration of rate types in the transaction code OB07.
  
  
  
  Check Validity Dates:
  
  Ensure that the exchange rate is valid for the date of the transaction. If necessary, add or adjust the exchange rate for the required date.
  
  
  
  Review Configuration:
  
  If the issue persists, review the configuration settings related to currency translation in the SAP system. This may involve checking the settings in the Financial Accounting (FI) module or the controlling (CO) module.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for additional guidance on managing exchange rates and resolving related errors.
  
  
  
  Related Information:
  
  Transaction Codes:
  
  OB08: Maintain Exchange Rates
  OB07: Maintain Rate Types
  
  
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to currency translation and exchange rates.
  User Roles: Ensure that you have the necessary authorizations to maintain exchange rates and perform related configurations.
  
  By following these steps, you should be able to resolve the J2421 error and ensure that the necessary exchange rates are available for your transactions.