How To Fix KB516 - Internal error in program FK21RE02:no exchange rate type/date/target cur.

SAP Error Message - Details

• Message type: E = Error

• Message class: KB - Controlling: Reporting

• Message number: 516

• Message text: Internal error in program FK21RE02:no exchange rate type/date/target cur.

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 KB516 - Internal error in program FK21RE02:no exchange rate type/date/target cur. ?

  The SAP error message "KB516 Internal error in program FK21RE02: no exchange rate type/date/target cur." typically occurs in the context of financial transactions, particularly when dealing with foreign currency valuations or postings. This error indicates that the system is unable to find a valid exchange rate for the specified currency type, date, or target currency.
  Causes:
  
  Missing Exchange Rate: The most common cause is that there is no exchange rate defined for the currency pair on the specified date.
  Incorrect Configuration: The exchange rate type may not be properly configured in the system.
  Date Issues: The date for which the exchange rate is being requested may not be valid or may fall outside the range of available rates.
  Currency Type Issues: The target currency or the currency type may not be correctly specified in the transaction.
  Master Data Issues: There may be issues with the master data related to the currencies involved.
  
  Solutions:
  
  
  Check Exchange Rates:
  
  Go to the