How To Fix PSM_S4C_FM_AVC003 - Currency conversion from &1 to &2 failed

PSM_S4C_FM_AVC003 - Overview

• Message type: E = Error

• Message class: PSM_S4C_FM_AVC - PSM AVC Messages

• Message number: 003

• Message text: Currency conversion from &1 to &2 failed

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

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Smart SAP Assistant

• What is the cause and solution for SAP error message PSM_S4C_FM_AVC003 - Currency conversion from &1 to &2 failed ?

  The SAP error message PSM_S4C_FM_AVC003 indicates that there was a failure in currency conversion from one currency to another during a financial transaction or process. This error typically arises in the context of SAP's Public Sector Management (PSM) or when dealing with financial management in SAP S/4HANA.
  Causes:
  
  Missing Exchange Rate: The most common cause is that there is no exchange rate defined for the currency pair in the system for the date of the transaction.
  Incorrect Currency Configuration: The currencies involved may not be properly configured in the system.
  Date Issues: The exchange rate may not be valid for the date of the transaction, either because it is in the future or has expired.
  Currency Type Issues: The currency types (e.g., transaction currency, local currency) may not be set up correctly.
  Custom Code or Enhancements: If there are custom developments or enhancements in the system, they may interfere with the standard currency conversion process.
  
  Solutions:
  
  
  Check Exchange