How To Fix RTC_CT_01039 - Enter an exchange rate type

SAP Error Message - Details

• Message type: E = Error

• Message class: RTC_CT_01 - Real consolidation - currency translation

• Message number: 039

• Message text: Enter an exchange rate type

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 RTC_CT_01039 - Enter an exchange rate type ?

  The SAP error message RTC_CT_01039, which states "Enter an exchange rate type," typically occurs in the context of currency conversion or when dealing with financial transactions that involve multiple currencies. This error indicates that the system requires a specific exchange rate type to be defined for the transaction you are trying to process.
  Cause:
  
  Missing Exchange Rate Type: The most common cause of this error is that the exchange rate type has not been specified in the transaction or configuration.
  Configuration Issues: There may be issues with the configuration of exchange rate types in the system.
  Transaction Context: The transaction you are trying to execute may require an exchange rate type that is not set up or is not applicable for the currencies involved.
  
  Solution:
  
  Specify Exchange Rate Type: When prompted by the error message, ensure that you enter a valid exchange rate type. This can usually be done in the relevant field of the transaction screen.
  Check Configuration:
  
  Go to the transaction code OB08 to check the exchange rate types configured in your system.
  Ensure that the exchange rate type you want to use is defined and that there are valid exchange rates for the currencies involved.
  
  
  Review Transaction Settings: If you are using a specific transaction (like a financial posting or currency conversion), check the settings or parameters to ensure that an exchange rate type is required and that it is being correctly referenced.
  Consult Documentation: If you are unsure about which exchange rate types are available or how to configure them, refer to SAP documentation or consult with your SAP administrator.
  
  Related Information:
  
  Exchange Rate Types: In SAP, exchange rate types are used to define how currency conversions are handled. Common types include "M" for average rates, "B" for bank rates, etc.
  Transaction Codes: Familiarize yourself with relevant transaction codes such as:
  
  OB08: Maintain exchange rates
  OB07: Define exchange rate types
  
  
  SAP Notes: Check SAP Notes for any known issues or updates related to this error message.
  User Roles and Authorizations: Ensure that you have the necessary permissions to enter or modify exchange rate types in the system.
  
  If the problem persists after following these steps, it may be beneficial to reach out to your SAP support team for further assistance.