How To Fix M8175 - Exchange rate & differs from rate set & by & %

SAP Error Message - Details

• Message type: E = Error

• Message class: M8 - Invoice Verification/Valuation

• Message number: 175

• Message text: Exchange rate & differs from rate set & by & %

What causes this issue?

You have entered the exchange rate &V1(C)& to translate the amounts to
local currency.
In the Customizing system of Financial Accounting, however, the
exchange rate is set at &V2(C)&.

System Response

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

How to fix this error?

Please check the exchange rate &V1(C)&, and make any necessary
corrections. If you want to post the invoice at the exchange rate set
in the Customizing system, delete your entry in the field <LS>Exchange
rate</>.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message M8175 - Exchange rate & differs from rate set & by & % ?

  The SAP error message M8175 indicates that there is a discrepancy between the exchange rate used in a transaction and the exchange rate that has been set in the system. This error typically arises during the processing of foreign currency transactions, where the system checks the exchange rate against predefined tolerances.
  Cause:
  
  Exchange Rate Difference: The exchange rate used in the transaction differs from the rate defined in the system by a specified percentage.
  Tolerance Settings: The system has tolerance settings that define acceptable limits for exchange rate differences. If the difference exceeds these limits, the error is triggered.
  Incorrect Configuration: The exchange rate type or the rates themselves may not be configured correctly in the system.
  Data Entry Errors: Manual entry of exchange rates or currency amounts may lead to discrepancies.
  
  Solution:
  
  
  Check Exchange Rates:
  
  Go to the transaction code OB08 to view and maintain exchange rates.
  Verify that the exchange rates are correctly defined for the relevant currency pair and date.
  
  
  
  Review Tolerance Settings:
  
  Check the tolerance settings for exchange rate differences in the configuration. This can be done in the transaction code OB22.
  Adjust the tolerance levels if necessary to allow for minor discrepancies.
  
  
  
  Correct Transaction Data:
  
  Review the transaction that triggered the error. Ensure that the currency amounts and exchange rates are entered correctly.
  If the transaction was entered manually, consider re-entering it with the correct values.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for specific guidance on handling exchange rate discrepancies.
  
  
  
  Contact Support:
  
  If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting with an SAP expert for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes:
  
  OB08: Maintain exchange rates.
  OB22: Define tolerance limits for exchange rate differences.
  
  
  Exchange Rate Types: Ensure that the correct exchange rate type is being used in the transaction.
  Currency Configuration: Review the configuration settings for currencies in your SAP system to ensure they are set up correctly.
  
  By following these steps, you should be able to identify the cause of the M8175 error and implement a solution to resolve it.