How To Fix RE050 - Conversion from currency &1 to currency &2 not possible

SAP Error Message - Details

• Message type: E = Error

• Message class: RE - Earmarked funds

• Message number: 050

• Message text: Conversion from currency &1 to currency &2 not possible

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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message RE050 - Conversion from currency &1 to currency &2 not possible ?

  The SAP error message RE050, which states "Conversion from currency &1 to currency &2 not possible," typically occurs when there is an issue with currency conversion in the SAP system. This error can arise in various contexts, such as during the processing of financial documents, reports, or transactions that involve multiple currencies.
  Causes of RE050 Error
  
  
  Missing Exchange Rate: The most common cause is that there is no exchange rate defined for the currency pair in question. SAP requires an exchange rate to convert one currency to another.
  
  
  Invalid Currency Pair: The currencies specified in the error message may not be valid or recognized by the system.
  
  
  Date Issues: The exchange rate may not be valid for the date of the transaction. Exchange rates can be time-sensitive, and if the rate is not maintained for the specific date, the conversion will fail.
  
  
  Configuration Issues: There may be configuration issues in the currency settings or in the financial settings of the SAP system.
  
  
  Currency Type: The currencies involved may be of different types (e.g., local currency vs. hard currency), and the system may not be set up to handle conversions between these types.
  
  
  Solutions to RE050 Error
  
  
  Check Exchange Rates:
  
  Go to the transaction code OB08 (Maintain Exchange Rates) and verify if the exchange rate for the specified currency pair exists.
  If it does not exist, you will need to enter the appropriate exchange rate for the relevant date.
  
  
  
  Verify Currency Configuration:
  
  Ensure that both currencies are correctly configured in the system. Check the currency settings in the relevant configuration areas (e.g., Financial Accounting).
  
  
  
  Check Transaction Date:
  
  Ensure that the transaction date falls within the range for which the exchange rate is valid. If necessary, update the exchange rate for the required date.
  
  
  
  Review Currency Types:
  
  Make sure that the currencies being converted are compatible. If they are of different types, check the configuration to see if conversions between those types are allowed.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or consult with your SAP support team for any specific configurations or settings that may need to be adjusted.
  
  
  
  Testing:
  
  After making changes, test the transaction again to ensure that the error has been resolved.
  
  
  
  Related Information
  
  
  Transaction Codes: 
  
  OB08: Maintain Exchange Rates
  OB22: Define Currency Types
  OB37: Define Exchange Rate Types
  
  
  
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to currency conversion errors.
  
  
  User Roles: Ensure that the user has the necessary authorizations to view and maintain exchange rates.
  
  
  By following these steps, you should be able to identify and resolve the RE050 error in your SAP system. If the issue persists, it may be beneficial to engage with your SAP support team for further assistance.