How To Fix RQ032 - Check whether exchange rate entry is valid

SAP Error Message - Details

• Message type: E = Error

• Message class: RQ - Messages for Cash Management and Forecast

• Message number: 032

• Message text: Check whether exchange rate entry is valid

What causes this issue?

One exchange rate was entered although several foreign currencies are
to be evaluated.

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

System Response

How to fix this error?

An entry in the exchange rate fields is only useful if only one
foreign currency is evaluated.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message RQ032 - Check whether exchange rate entry is valid ?

  The SAP error message RQ032 ("Check whether exchange rate entry is valid") typically occurs in the context of currency conversion or when processing transactions that involve different currencies. This error indicates that the system is unable to find a valid exchange rate for the specified currency pair for the date of the transaction.
  Causes:
  
  Missing Exchange Rate: The exchange rate for the currency pair (e.g., USD to EUR) is not maintained in the system for the date of the transaction.
  Incorrect Date: The date of the transaction may not fall within the range of valid exchange rates maintained in the system.
  Currency Configuration: The currencies involved may not be properly configured in the system.
  Transaction Type: The transaction type may not support the currency conversion being attempted.
  Exchange Rate Type: The specific exchange rate type being used may not have been defined or may not have valid rates.
  
  Solutions:
  
  
  Maintain Exchange Rates:
  
  Go to the transaction code OB08 (Maintain Exchange Rates).
  Check if the exchange rate for the relevant currency pair and date exists.
  If not, enter the required exchange rate for the appropriate date.
  
  
  
  Check Validity Dates:
  
  Ensure that the date of the transaction falls within the validity period of the exchange rates maintained.
  If necessary, add or adjust the exchange rates for the required date range.
  
  
  
  Review Currency Configuration:
  
  Verify that the currencies involved in the transaction are correctly configured in the system.
  Check the settings in OB22 (Define Exchange Rate Types) to ensure the correct exchange rate type is being used.
  
  
  
  Transaction Type Review:
  
  Ensure that the transaction type being processed supports currency conversion and that the necessary configurations are in place.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or consult with your SAP support team for any specific configurations or settings that may be required for your particular implementation.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  OB08: Maintain Exchange Rates
  OB22: Define Exchange Rate Types
  OB37: Maintain Exchange Rate Types for Foreign Currency Valuation
  
  
  
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to exchange rates or currency conversion.
  
  
  User Roles: Ensure that the user has the necessary authorizations to maintain exchange rates and perform currency-related transactions.
  
  
  By following these steps, you should be able to resolve the RQ032 error and ensure that your currency transactions are processed correctly. If the issue persists, consider reaching out to your SAP support team for further assistance.