How To Fix RECACT001 - No translation date rule entered in currency translation rule &1

RECACT001 - Overview

• Message type: E = Error

• Message class: RECACT - Messages for Currency Translation

• Message number: 001

• Message text: No translation date rule entered in currency translation rule &1

What causes this issue?

A translation date rule was not entered when currency translation rule
&V1& was defined.

System Response

The system is <ZH>not </>able to perform the currency translation, since
it is not able to determine the currency exchange date without the
translation date rule.

How to fix this error?

Contact your system administrator.

Procedure for System Administrators

Correct your Customizing settings in the <DS:SIMG.REFXV_TIVCACTRULE>
Define Currency Translation Rule</> IMG activity.

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message RECACT001 - No translation date rule entered in currency translation rule &1 ?

  The SAP error message RECACT001 indicates that there is no translation date rule entered in the currency translation rule specified (denoted as &1). This error typically occurs in the context of financial reporting or when dealing with currency translations in SAP systems, particularly in the context of the SAP Financial Accounting (FI) or Controlling (CO) modules.
  
  Cause:
  The error is caused by the absence of a defined translation date rule in the currency translation settings. This can happen due to:
  
  
  Configuration Issues: The currency translation rules may not be properly configured in the system.
  Missing Entries: The specific currency translation rule referenced in the error message does not have a translation date rule assigned to it.
  Data Entry Errors: There may have been an oversight during the setup of the currency translation rules.
  
  
  Solution:
  To resolve the error, you can follow these steps:
  
  
  Check Currency Translation Rules:
  
  Go to the SAP transaction code OB08 (for maintaining exchange rates) or