How To Fix LSOPV869 - Exchange rate of currency &1 not defined in reference currency &2

SAP Error Message - Details

• Message type: E = Error

• Message class: LSOPV - Training Management (Copy of Message Class PV)

• Message number: 869

• Message text: Exchange rate of currency &1 not defined in reference currency &2

System Response

Prices must be available in or converted to the same currency
(reference currency) so that a final total (prices of all a
participant's bookings) can be created.
The reference currency is the currency specified in the program
parameters. If the <ls>currency</> parameter was not completed when the
program was started, the system will take the most frequently used
currency as reference currency.
Prices that cannot be converted will <ZH>NOT</> be included in the
total.

How to fix this error?

Maintain the relevant exchange rate.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message LSOPV869 - Exchange rate of currency &1 not defined in reference currency &2 ?

  The SAP error message LSOPV869 indicates that there is an issue with the exchange rate for a specific currency in relation to a reference currency. This error typically arises in scenarios involving currency conversion, such as when processing financial transactions, creating reports, or performing currency evaluations.
  Cause:
  The error occurs when:
  
  The exchange rate for the specified currency (denoted as &1) is not defined in the system for the reference currency (denoted as &2).
  The exchange rate type being used does not have a valid entry for the currency pair in question.
  The exchange rate data may not have been maintained or updated in the system.
  
  Solution:
  To resolve the LSOPV869 error, you can take the following steps:
  
  
  Check Exchange Rate Maintenance:
  
  Go to the transaction code OB08 (or the relevant transaction for maintaining exchange rates).
  Verify if the exchange rate for currency &1 against currency &2 is defined. If not, you will need to enter the appropriate exchange rate.
  
  
  
  Define Exchange Rate:
  
  If the exchange rate is missing, you can add it by entering the required values (date, currency pair, and exchange rate).
  Ensure that you are using the correct exchange rate type that is relevant for your transaction.
  
  
  
  Check Validity Period:
  
  Ensure that the exchange rate is valid for the date of the transaction you are processing. Exchange rates can be defined for specific periods, and if the date falls outside this range, the system will not find a valid rate.
  
  
  
  Review Configuration:
  
  If you are using a specific exchange rate type, ensure that it is correctly configured in the system. You can check this in the configuration settings under Financial Accounting > Financial Accounting Global Settings > Currencies.
  
  
  
  Consult Documentation:
  
  If you are unsure about the exchange rates or the configuration, refer to SAP documentation or consult with your SAP functional consultant for guidance.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  OB08: Maintain exchange rates.
  OBBS: Display exchange rates.
  
  
  
  Exchange Rate Types:
  
  Different exchange rate types can be defined in SAP (e.g., M for average rate, B for bank buying rate). Ensure you are using the correct type for your transaction.
  
  
  
  Currency Configuration:
  
  Review the currency settings in your SAP system to ensure that all necessary currencies are properly configured.
  
  
  
  By following these steps, you should be able to resolve the LSOPV869 error and ensure that the necessary exchange rates are defined in your SAP system.