How To Fix RY434 - Exchange rates &/& are missing; see long text

SAP Error Message - Details

• Message type: E = Error

• Message class: RY - Messages for RM Basis

• Message number: 434

• Message text: Exchange rates &/& are missing; see long text

What causes this issue?

Exchange rates &/& of exchange rate type & are missing. This exceeds the
maximum number of rates that can be missing.

How to fix this error?

To import the data, in Customizing choose <ZK>Financial Supply Chain
Management -> Treasury and Risk Management -> Basic Functions -> Market
Data Management -> Manual Market Data Entry.</>.
You can also use transaction TBEX to import the market data required
from an Excel file.
You can also increase the maximum number of errors permitted in the
history. The system then increases the size of the sample if market data
is missing.

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

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message RY434 - Exchange rates &/& are missing; see long text ?

  The SAP error message RY434 indicates that there are missing exchange rates for the specified currency pair in the system. This error typically occurs when you are trying to perform a transaction that involves currency conversion, and the system cannot find the necessary exchange rate for the currencies involved.
  Cause:
  
  Missing Exchange Rate: The primary cause of this error is that the exchange rate for the specified currency pair (e.g., USD to EUR) is not maintained in the system.
  Incorrect Configuration: The exchange rate type may not be correctly configured, or the rates may not have been updated for the relevant period.
  Date Issues: The exchange rate may not be valid for the date of the transaction. Exchange rates are often time-sensitive, and if the date falls outside the range of maintained rates, the system will not find a valid rate.
  Currency Pair Not Supported: The currency pair you are trying to use may not be supported or configured in the system.
  
  Solution:
  
  
  Maintain Exchange Rates:
  
  Go to the transaction code OB08 (or use the menu path: SAP Easy Access -> Accounting -> Financial Accounting -> General Ledger -> Master Data -> Currencies -> Maintain Exchange Rates).
  Check if the exchange rate for the specified currency pair is maintained. If not, you will need to enter the appropriate exchange rate.
  Ensure that the exchange rate is valid for the date of the transaction.
  
  
  
  Check Exchange Rate Type:
  
  Ensure that the correct exchange rate type is being used in your transaction. You can check this in the configuration settings or in the transaction itself.
  
  
  
  Review Date Validity:
  
  Verify that the date of the transaction falls within the range of the maintained exchange rates. If necessary, add or adjust the rates for the required date.
  
  
  
  Consult Documentation:
  
  If you are unsure about how to maintain exchange rates or if you need to configure additional settings, refer to the SAP documentation or consult with your SAP administrator.
  
  
  
  Testing:
  
  After maintaining the exchange rates, try to execute the transaction again to see if the error persists.
  
  
  
  Related Information:
  
  Transaction Codes: 
  
  OB08: Maintain Exchange Rates
  OBBS: Display Exchange Rates
  
  
  Exchange Rate Types: Different types of exchange rates can be defined in SAP (e.g., M for average rate, B for bank buying rate, etc.). Ensure you are using the correct type for your transaction.
  Currency Configuration: Ensure that the currencies involved in the transaction are properly configured in the system.
  
  If the issue persists after following these steps, it may be necessary to consult with your SAP support team or refer to SAP Notes for further troubleshooting.