How To Fix PRC_CNV111 - Maintain conversion factors for &1 / &2 (currency type &3) for &4

SAP Error Message - Details

• Message type: E = Error

• Message class: PRC_CNV - Messages for Conversion Engine

• Message number: 111

• Message text: Maintain conversion factors for &1 / &2 (currency type &3) for &4

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message PRC_CNV111 - Maintain conversion factors for &1 / &2 (currency type &3) for &4 ?

  The SAP error message PRC_CNV111 indicates that there is a missing or incorrect conversion factor for a specific currency type in the context of a currency conversion process. This error typically arises during the execution of a program or transaction that requires currency conversion, such as during financial reporting or data migration.
  Cause:
  The error is caused by the absence of a defined conversion factor for the specified currency pair and currency type in the system. This can happen due to several reasons:
  
  Missing Configuration: The conversion factors for the specified currencies have not been maintained in the system.
  Incorrect Currency Type: The currency type specified may not be valid or may not have been set up correctly.
  Data Migration Issues: If this error occurs during data migration, it may indicate that the necessary conversion factors were not included in the migration data.
  
  Solution:
  To resolve the PRC_CNV111 error, you can follow these steps:
  
  
  Maintain Conversion Factors:
  
  Go to the transaction code OB08 (or the relevant transaction for maintaining exchange rates).
  Check if the conversion factors for the specified currency pair (from &1 to &2) and currency type (&3) are maintained.
  If not, enter the required conversion factors and save the changes.
  
  
  
  Verify Currency Type:
  
  Ensure that the currency type specified in the error message is valid and correctly configured in the system.
  You can check the configuration for currency types in the relevant customizing settings.
  
  
  
  Check for Data Migration Issues:
  
  If this error occurs during a data migration process, ensure that all necessary conversion factors are included in the migration data.
  Review the migration mapping and ensure that all required currency conversions are accounted for.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for additional guidance on maintaining currency conversion factors.
  
  
  
  Testing:
  
  After making the necessary changes, test the process again to ensure that the error is resolved.
  
  
  
  Related Information:
  
  
  Transaction Codes: 
  
  OB08: Maintain exchange rates.
  OBBS: Maintain currency conversion factors.
  
  
  
  Currency Types: Currency types can be defined in the system and are used to categorize different types of currency conversions (e.g., average rate, historical rate).
  
  
  SAP Notes: Check for any relevant SAP Notes that may provide additional insights or solutions related to this error message.
  
  
  By following these steps, you should be able to resolve the PRC_CNV111 error and ensure that the necessary conversion factors are maintained in your SAP system.