How To Fix /PM0/ABP_CURR_CONV023 - Exch.rate/exch.rate date cannot be transferred; RiskCurr ident.to LocCurr

SAP Error Message - Details

• Message type: E = Error

• Message class: /PM0/ABP_CURR_CONV -

• Message number: 023

• Message text: Exch.rate/exch.rate date cannot be transferred; RiskCurr ident.to LocCurr

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message /PM0/ABP_CURR_CONV023 - Exch.rate/exch.rate date cannot be transferred; RiskCurr ident.to LocCurr ?

  The SAP error message /PM0/ABP_CURR_CONV023 indicates an issue related to currency conversion, specifically that the exchange rate or exchange rate date cannot be transferred due to a mismatch between the risk currency and the local currency. This error typically arises in the context of financial transactions, particularly in modules dealing with risk management or financial accounting.
  Cause:
  
  Currency Mismatch: The error occurs when there is a discrepancy between the risk currency (the currency in which the risk is assessed) and the local currency (the currency used for transactions in the local context).
  Missing Exchange Rate: The system may not have the necessary exchange rate data for the specified currencies on the given date.
  Configuration Issues: There may be configuration issues in the currency settings or in the way the currencies are defined in the system.
  Date Issues: The exchange rate date may not be valid or may not correspond to the available exchange rates in the system.
  
  Solution:
  
  Check Currency Settings: Verify that the risk currency and local currency are correctly defined in the transaction. Ensure that they are compatible and that the necessary exchange rates are available.
  Review Exchange Rates: Go to the transaction for maintaining exchange rates (e.g., OB08) and check if the exchange rate for the relevant currencies exists for the specified date. If not, you may need to enter the missing exchange rate.
  Validate Date: Ensure that the date being used for the transaction is valid and corresponds to a date for which exchange rates are maintained.
  Configuration Review: If the issue persists, review the configuration settings related to currency conversion in the SAP system. This may involve checking the settings in the relevant modules (e.g., Financial Accounting, Risk Management).
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on handling currency conversion errors.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OB08 (Maintain Exchange Rates) and others related to currency settings.
  SAP Notes: Check for any SAP Notes related to this error message for potential patches or updates that may resolve the issue.
  User Roles and Authorizations: Ensure that the user has the necessary authorizations to perform currency-related transactions and access exchange rate data.
  Testing: After making changes, conduct tests to ensure that the error no longer occurs and that transactions can be processed successfully.
  
  If the problem continues after following these steps, it may be beneficial to consult with your SAP support team or a technical consultant who can provide deeper insights into the specific configuration and data setup in your SAP environment.