How To Fix P5022 - Impossible to convert currency &2 to &1 for exchange rate type &3 for &4

P5022 - Overview

• Message type: E = Error

• Message class: P5 - Project Information System: (Modification of LIS; M5)

• Message number: 022

• Message text: Impossible to convert currency &2 to &1 for exchange rate type &3 for &4

What causes this issue?

The conversion from &V2& to &V1& is not defined for the exchange rate
type &V3&.

System Response

The system cannot make the conversion.

How to fix this error?

In view V_TCURR, maintain the exchange rate type &V3& for converting
from &V2& to &V1&.

Error message extract from SAP system. Copyright SAP SE.

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• What is the cause and solution for SAP error message P5022 - Impossible to convert currency &2 to &1 for exchange rate type &3 for &4 ?

  The SAP error message P5022 indicates that there is an issue with currency conversion in the system. Specifically, it means that the system is unable to convert a specified currency (denoted as &2) to another currency (denoted as &1) using the specified exchange rate type (denoted as &3) for a particular date (denoted as &4). 
  Causes:
  
  Missing Exchange Rate: The most common cause is that there is no exchange rate defined for the specified currency pair and exchange rate type in the system for the given date.
  Incorrect Exchange Rate Type: The exchange rate type specified may not be set up correctly or may not be applicable for the currencies involved.
  Date Issues: The date for which the conversion is being attempted may not have a valid exchange rate defined.
  Currency Configuration: There may be issues with the configuration of the currencies in the system, such as inactive currencies or incorrect settings.
  Data Entry Errors: