How To Fix PV869 - Exchange rate of currency &1 not defined in reference currency &2

SAP Error Message - Details

• Message type: E = Error

• Message class: PV - Training and Event Management

• Message number: 869

• Message text: Exchange rate of currency &1 not defined in reference currency &2

System Response

Prices must be available in or converted to the same currency
(reference currency) so that a final total (prices of all attendee's
bookings) can be created.
The reference currency is the currency specified in the program
parameters. If the 'currency' parameter was not completed when the
program was started, the system will take the most frequently used
currency as reference currency.
Prices that cannot be converted will <ZH>NOT</> be included in the
total.

How to fix this error?

Maintain the relevant exchange rate.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message PV869 - Exchange rate of currency &1 not defined in reference currency &2 ?

  The SAP error message PV869 indicates that there is an issue with the exchange rate for a specific currency in relation to a reference currency. This error typically arises when the system is unable to find a defined exchange rate for the specified currency pair in the context of a transaction or report.
  Cause:
  
  Missing Exchange Rate: The primary cause of this error is that the exchange rate for the specified currency (e.g., &1) against the reference currency (e.g., &2) has not been defined in the system.
  Incorrect Configuration: The exchange rate type may not be set up correctly, or the rates may not have been maintained for the relevant period.
  Data Entry Errors: There may be a mistake in the currency codes entered in the transaction or report.
  
  Solution:
  
  
  Maintain Exchange Rates:
  
  Go to the transaction code OB08 (Maintain Exchange Rates).
  Check if the exchange rate for the currency pair (from &1 to &2) is defined.
  If it is missing, you will need to enter the appropriate exchange rate for the required date or period.
  
  
  
  Check Exchange Rate Type:
  
  Ensure that the correct exchange rate type is being used in your transaction. Different types may have different rates defined.
  You can check the exchange rate types in transaction code OB07.
  
  
  
  Verify Date Validity:
  
  Ensure that the exchange rate is valid for the date of the transaction. Exchange rates can be time-sensitive, and if the date falls outside the range of defined rates, the error will occur.
  
  
  
  Review Configuration:
  
  If you are an SAP administrator, review the configuration settings related to currencies and exchange rates to ensure everything is set up correctly.
  
  
  
  Consult Documentation:
  
  If you are unsure about the process, refer to SAP documentation or consult with your SAP support team for guidance.
  
  
  
  Related Information:
  
  Transaction Codes:
  
  OB08: Maintain Exchange Rates
  OB07: Maintain Exchange Rate Types
  
  
  Currency Configuration: Ensure that all necessary currencies are configured in the system.
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to exchange rates and this error message.
  
  By following these steps, you should be able to resolve the PV869 error and ensure that the necessary exchange rates are defined in your SAP system.