Message type: E = Error
Message class: /PF1/MSG_EH_E -
Message number: 712
Message text: Cannot get standard rate; system determines external rate
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/PF1/MSG_EH_E712
- Cannot get standard rate; system determines external rate ?The SAP error message /PF1/MSG_EH_E712 indicates that the system is unable to retrieve the standard rate for a particular transaction or process, and as a result, it defaults to using an external rate. This error typically occurs in the context of financial transactions, particularly in modules related to controlling (CO) or financial accounting (FI).
Cause: Missing Standard Rate: The standard rate for the relevant cost element or activity type may not be defined in the system.
Configuration Issues: There may be configuration issues in the controlling area or the relevant settings for the cost center or internal order. Data Inconsistencies: There could be inconsistencies in the master data, such as missing or incorrect entries in the cost center or activity type master records. Period Closing: The standard rates may not be updated or maintained for the current period, especially if the period is closed for posting. Authorization Issues: The user may not have the necessary authorizations
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