How To Fix RECACT004 - Exchange rate &1/&2 does not exist on &3

SAP Error Message - Details

• Message type: E = Error

• Message class: RECACT - Messages for Currency Translation

• Message number: 004

• Message text: Exchange rate &1/&2 does not exist on &3

What causes this issue?

The exchange rate should be determined for currency translation &V1&/
&V2&. There is <ZH>no </>exchange rate for translation date &V3&. The
most recent available exchange rate is from &V4&.

System Response

If the message is classified as a <ZK>Warning</>, then the system
translates the currency and issues a warning message. The most recent
available exchange rate is used.
If the message is classified as an <ZK>Error</>, then the system does
<ZH>not</> translate the currency.

How to fix this error?

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

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message RECACT004 - Exchange rate &1/&2 does not exist on &3 ?

  The SAP error message RECACT004 indicates that there is an issue with the exchange rate for a specific currency pair on a given date. This error typically arises in the context of financial transactions, such as when trying to post a document that involves currency conversion.
  Cause:
  The error message RECACT004 is triggered when:
  
  The exchange rate for the specified currency pair (e.g., from currency &1 to currency &2) does not exist in the system for the specified date (&3).
  The exchange rate data may not have been maintained or updated in the system.
  The date for which the exchange rate is being checked may be outside the range of available rates.
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Exchange Rate Table:
  
  Go to transaction code OB08 (or use the appropriate transaction for your version of SAP) to view the exchange rates.
  Verify if the exchange rate for the specified currency pair and date exists.
  
  
  
  Maintain Exchange Rates:
  
  If the exchange rate is missing, you can enter the required exchange rate for the currency pair and date.
  Ensure that you maintain the rates for both the direct and inverse currency pairs if necessary.
  
  
  
  Check Validity Dates:
  
  Ensure that the exchange rate is valid for the date you are trying to process. If the date is in the future or too far in the past, you may need to adjust your transaction date or maintain the exchange rate for that specific date.
  
  
  
  Review Configuration:
  
  If you are frequently encountering this issue, review your configuration settings for currency conversion and exchange rate maintenance to ensure they are set up correctly.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for additional guidance on managing exchange rates and resolving related errors.
  
  
  
  Related Information:
  
  
  Transaction Codes: 
  
  OB08: Maintain exchange rates.
  OBBS: Display exchange rates.
  
  
  
  Currency Types: Ensure you are aware of the different currency types (e.g., transaction currency, local currency, etc.) and how they affect exchange rate calculations.
  
  
  User Authorizations: Ensure that you have the necessary authorizations to maintain exchange rates in the system.
  
  
  By following these steps, you should be able to resolve the RECACT004 error and ensure that your currency transactions can be processed without issues.