How To Fix KOPV008 - No exchange rate type could be determined for order &1

SAP Error Message - Details

• Message type: E = Error

• Message class: KOPV - Messages for Plan Version Copying

• Message number: 008

• Message text: No exchange rate type could be determined for order &1

What causes this issue?

Currency translation requires an exchange rate type.
There is no exchange rate type in the planning profile assigned to
order &V1& by means of order type &V2&. For this reason, the system
tries to determine the exchange rate type from the settings for the
target version, &V3&, for the current fiscal year. However, version
&V3& is not defined for the current fiscal year in controlling area
&V4&.

System Response

The year-independent plan values in order &V1& cannot be copied into
target version &V3&.

How to fix this error?

Enter an exchange rate type in the appropriate planning profile or
maintain the settings in the target version &V3& in controlling area
&V4& for the current fiscal year.

Procedure for System Administrators

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message KOPV008 - No exchange rate type could be determined for order &1 ?

  The SAP error message KOPV008 indicates that the system is unable to determine an exchange rate type for a specific order (denoted by &1). This typically occurs in the context of controlling (CO) or financial transactions where currency conversion is necessary.
  Cause:
  
  Missing Exchange Rate Type: The exchange rate type required for the transaction is not defined in the system.
  Configuration Issues: The exchange rate type may not be properly configured in the system settings.
  Currency Settings: The order may be using a currency that does not have a corresponding exchange rate type defined.
  Date Issues: The date of the transaction may not fall within the valid range for the exchange rates defined in the system.
  Master Data Issues: The master data for the order may not be set up correctly, leading to the inability to determine the exchange rate.
  
  Solution:
  
  
  Check Exchange Rate Type Configuration:
  
  Go to the transaction code OB08 to check the exchange rate types defined in the system.
  Ensure that the required exchange rate type is available and properly configured.
  
  
  
  Define Exchange Rate Type:
  
  If the exchange rate type is missing, you can define it in the same transaction (OB08) by entering the necessary exchange rates for the relevant currencies.
  
  
  
  Verify Currency Settings:
  
  Check the currency settings for the order in question. Ensure that the currency used in the order has a corresponding exchange rate type defined.
  
  
  
  Check Validity Dates:
  
  Ensure that the date of the transaction falls within the validity period of the exchange rates. If necessary, update the exchange rates for the required period.
  
  
  
  Review Master Data:
  
  Check the master data for the order (e.g., cost center, internal order) to ensure that all relevant fields are correctly filled out and that the currency settings are appropriate.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or consult with your SAP support team for any specific configurations related to your organization's setup.
  
  
  
  Related Information:
  
  
  Transaction Codes: 
  
  OB08: Maintain exchange rates.
  KOB1: Display actual line items for orders.
  KOB2: Display actual line items for cost centers.
  
  
  
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  
  
  User Roles and Authorizations: Ensure that the user has the necessary authorizations to view and modify exchange rate settings.
  
  
  By following these steps, you should be able to resolve the KOPV008 error and ensure that the system can determine the appropriate exchange rate type for the order in question.