How To Fix RSAU312 - Exchange rate type &: unknown exchange rate type

SAP Error Message - Details

• Message type: E = Error

• Message class: RSAU - Update rules

• Message number: 312

• Message text: Exchange rate type &: unknown exchange rate type

Self-Explanatory Message

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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 RSAU312 - Exchange rate type &: unknown exchange rate type ?

  The SAP error message RSAU312, which states "Exchange rate type &: unknown exchange rate type," typically occurs when the system encounters an exchange rate type that is not defined or recognized in the system. This can happen in various scenarios, such as during currency conversion, financial postings, or when running reports that involve currency exchange rates.
  Cause:
  
  Undefined Exchange Rate Type: The exchange rate type specified in the transaction or configuration is not defined in the system.
  Incorrect Configuration: The exchange rate type may have been incorrectly configured or deleted in the system.
  Missing Customization: If the exchange rate type is a custom one, it may not have been properly set up in the system.
  Data Entry Error: There might be a typo or error in the entry of the exchange rate type in the relevant transaction.
  
  Solution:
  
  
  Check Exchange Rate Types:
  
  Go to the transaction code OB08 (Maintain Exchange Rates) and check if the exchange rate type in question is listed.
  If it is not listed, you may need to create it or ensure that it is correctly defined.
  
  
  
  Define Exchange Rate Type:
  
  If the exchange rate type is missing, you can define it by going to Transaction Code OBA7 (Define Exchange Rate Types).
  Ensure that the exchange rate type is correctly configured with the necessary parameters.
  
  
  
  Review Configuration:
  
  Check the configuration settings in the Financial Accounting (FI) module to ensure that the exchange rate types are properly set up.
  Make sure that the exchange rate type is assigned to the relevant company codes and currencies.
  
  
  
  Check for Typos:
  
  Review the transaction or report where the error occurred for any typos or incorrect entries related to the exchange rate type.
  
  
  
  Consult Documentation:
  
  If you are using a custom exchange rate type, refer to the documentation or consult with the SAP Basis or FI consultant to ensure that it has been set up correctly.
  
  
  
  Testing:
  
  After making the necessary changes, test the transaction again to ensure that the error has been resolved.
  
  
  
  Related Information:
  
  Transaction Codes:
  
  OB08: Maintain Exchange Rates
  OBA7: Define Exchange Rate Types
  
  
  SAP Notes: Check SAP Notes for any known issues or patches related to exchange rate types.
  Documentation: Review SAP Help documentation for more details on currency and exchange rate management.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a functional consultant who specializes in the Financial Accounting module.