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

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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 transaction code OB08 (Maintain Exchange Rates) and verify that the exchange rate for the relevant currency pair and date exists.
  If it does not exist, you will need to enter the appropriate exchange rate.
  
  
  
  Verify Exchange Rate Type:
  
  Ensure that the exchange rate type being used in the transaction is correctly defined and has valid rates for the required currencies.
  
  
  
  Check Date Validity:
  
  Make sure that the date for which the exchange rate is being requested is within the range of defined rates. If necessary, add rates for the required date.
  
  
  
  Review Configuration:
  
  Check the configuration settings for currency types and exchange rates in the SAP system to ensure they are set up correctly.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources for any specific notes related to this error message, as there may be additional context or updates.
  
  
  
  Debugging:
  
  If you have access to debugging tools, you can analyze the program FK21RE02 to identify where the error is occurring and gather more context about the missing data.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the above points, consider reaching out to SAP support for further assistance, especially if this is a recurring issue.
  
  
  
  Related Information:
  
  Transaction Codes: 
  
  OB08: Maintain Exchange Rates
  FB01: Post Document
  FBL1N: Vendor Line Item Display
  
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide patches or updates.
  Documentation: Review the SAP Financial Accounting (FI) module documentation for more details on currency handling and exchange rates.
  
  By following these steps, you should be able to identify and resolve the issue causing the error message KB516 in your SAP system.