How To Fix KA215 - Exchange rate type & not maintained in plan version &

SAP Error Message - Details

• Message type: E = Error

• Message class: KA - CO Overhead Costs: Overhead, Accrual Calculation

• Message number: 215

• Message text: Exchange rate type & not maintained in plan version &

What causes this issue?

Overhead calculation for planned values uses the exchange rate type for
currency translation, which is stored in plan version &V2&. You have
not maintained this value.

How to fix this error?

Maintain the exchange rate type in the plan version.
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Error message extract from SAP system. Copyright SAP SE.

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• What is the cause and solution for SAP error message KA215 - Exchange rate type & not maintained in plan version & ?

  The SAP error message KA215 indicates that the specified exchange rate type is not maintained for the given plan version in the context of planning and budgeting in SAP. This error typically arises in the Controlling (CO) module, particularly when dealing with currency conversions in planning scenarios.
  Cause:
  
  Missing Exchange Rate Type: The exchange rate type specified in the planning version is not defined in the system.
  Incorrect Configuration: The configuration for the exchange rate type may not be set up correctly in the system.
  Plan Version Issues: The plan version being used may not have the necessary settings or data related to the exchange rate type.
  
  Solution:
  To resolve the KA215 error, you can follow these steps:
  
  
  Check Exchange Rate Type:
  
  Go to the transaction code OB08 to check the exchange rate types defined in the system.
  Ensure that the exchange rate type you are trying to use is listed and properly configured.
  
  
  
  Maintain Exchange Rates:
  
  If the exchange rate type is missing, you will need to maintain it. You can do this in the same transaction (OB08) by entering the required exchange rates for the relevant currencies and periods.
  
  
  
  Check Plan Version Configuration:
  
  Verify the configuration of the plan version you are using. You can check this in the transaction code KP06 (for planning) or KP07 (for planning version).
  Ensure that the plan version is set up to use the correct exchange rate type.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources for any specific configurations related to your version of SAP, as there may be additional steps or considerations based on your system setup.
  
  
  
  Testing:
  
  After making the necessary changes, test the planning process again to ensure that the error is resolved.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  OB08: Maintain exchange rates.
  KP06: Change plan data.
  KP07: Change plan version.
  
  
  
  Exchange Rate Types: Common exchange rate types include M (average rate), B (bank buying rate), and G (bank selling rate). Ensure that the type you are using is appropriate for your planning needs.
  
  
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message, as there may be updates or fixes provided by SAP.
  
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a functional consultant who specializes in the Controlling module for further assistance.