How To Fix KOPV009 - No exchange rate type could be determined for WBS element &1

KOPV009 - Overview

• Message type: E = Error

• Message class: KOPV - Messages for Plan Version Copying

• Message number: 009

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

What causes this issue?

Currency translation requires an exchange rate type.
There is no exchange rate type in the planning profile assigned to WBS
element &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 WBS element &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 KOPV009 - No exchange rate type could be determined for WBS element &1 ?

  The SAP error message KOPV009 indicates that the system is unable to determine an exchange rate type for a specific Work Breakdown Structure (WBS) element. This typically occurs in the context of project accounting or controlling when dealing with foreign currency transactions.
  
  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.
  WBS Element Settings: The WBS element may not have the necessary settings or attributes defined to allow for currency conversion.
  Currency Settings: The currency settings for the project or WBS element may not align with the exchange rate type being used.
  Date Issues: The date of the transaction may not fall within the valid range for the exchange rate type.
  
  
  Solution:
  
  
  Check Exchange Rate Type Configuration:
  
  Go to the transaction code OB08 to check the exchange rate types defined in the system.
  Ensure that