How To Fix RTC_CT_01303 - Currency translation key &1 does not exist

SAP Error Message - Details

• Message type: E = Error

• Message class: RTC_CT_01 - Real consolidation - currency translation

• Message number: 303

• Message text: Currency translation key &1 does not exist

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 RTC_CT_01303 - Currency translation key &1 does not exist ?

  The SAP error message RTC_CT_01303 indicates that a currency translation key specified in your configuration does not exist in the system. This error typically arises during processes that involve currency translation, such as financial reporting or data processing in SAP.
  Cause:
  
  Missing Currency Translation Key: The specified currency translation key is not defined in the system.
  Incorrect Configuration: The key may have been incorrectly configured or deleted.
  Typographical Error: There may be a typo in the currency translation key being referenced.
  Authorization Issues: The user may not have the necessary authorizations to access the currency translation keys.
  
  Solution:
  
  
  Check Configuration:
  
  Go to the relevant configuration area in SAP (usually under Financial Accounting or Controlling).
  Verify if the currency translation key exists. You can do this by navigating to the transaction code related to currency translation (e.g., OB22 for defining translation keys).
  If it does not exist, you will need to create it.
  
  
  
  Create a New Currency Translation Key:
  
  If the key is missing, you can create a new one by following the steps in the configuration menu.
  Ensure that you define the necessary parameters for the currency translation key, such as source and target currencies, translation method, and any other relevant settings.
  
  
  
  Check for Typos:
  
  Double-check the spelling of the currency translation key in your transaction or report to ensure there are no typographical errors.
  
  
  
  Authorization Check:
  
  Ensure that the user executing the transaction has the necessary authorizations to access and use the currency translation keys.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for detailed guidance on setting up and managing currency translation keys.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the above points, consider reaching out to SAP support for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OB22 (for defining currency translation keys) and other related financial configuration transactions.
  SAP Notes: Check SAP Notes for any known issues or patches related to currency translation errors.
  User Forums: Engage with SAP community forums or user groups for shared experiences and solutions from other users who may have encountered similar issues.
  
  By following these steps, you should be able to resolve the RTC_CT_01303 error and ensure that your currency translation processes function correctly.