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How To Fix SPE503 - Item &1: Exchange rate data &2 not valid.


SAP Error Message - Details

  • Message type: E = Error

  • Message class: SPE -

  • Message number: 503

  • Message text: Item &1: Exchange rate data &2 not valid.

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  • 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.

    Unfortunately, there isn't any extra information in this error notice.



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Smart SAP Assistant

  • What is the cause and solution for SAP error message SPE503 - Item &1: Exchange rate data &2 not valid. ?

    The SAP error message SPE503 indicates that there is an issue with the exchange rate data for a specific item in a transaction. This error typically arises when the system cannot find valid exchange rate information for the specified currency pair on the date of the transaction.

    Cause:

    1. Missing Exchange Rate: The exchange rate for the currency pair (e.g., from currency A to currency B) is not maintained in the system for the date of the transaction.
    2. Incorrect Date: The transaction date may fall outside the range of valid exchange rates maintained in the system.
    3. Currency Configuration: The currencies involved may not be properly configured in the system.
    4. Data Entry Errors: There may be a typo or incorrect entry in the currency fields.

    Solution:

    1. Check Exchange Rate Maintenance:

      • Go to the transaction code OB08 (or the relevant transaction for maintaining exchange rates).
      • Verify if the exchange rate for the relevant currency pair exists for the date of the transaction.
      • If it does not exist, you will need to enter the correct exchange rate.
    2. Verify Transaction Date:

      • Ensure that the transaction date is correct and falls within the range of valid exchange rates.
      • If the date is incorrect, adjust it accordingly.
    3. Review Currency Configuration:

      • Check the configuration of the currencies involved in the transaction to ensure they are set up correctly in the system.
      • Ensure that both currencies are active and properly defined in the system.
    4. Data Entry Validation:

      • Double-check the entries made in the transaction for any typos or incorrect currency codes.
    5. Consult Documentation:

      • If you are unsure about how to maintain exchange rates or configure currencies, refer to SAP documentation or consult with your SAP administrator.

    Related Information:

    • Transaction Codes:
      • OB08: Maintain exchange rates.
      • OBBS: Display exchange rates.
    • Currency Types: Ensure you are aware of the different types of exchange rates (e.g., average rate, historical rate) and how they apply to your transactions.
    • SAP Notes: Check for any relevant SAP Notes that may address specific issues related to exchange rates or the SPE503 error.

    By following these steps, you should be able to resolve the SPE503 error and ensure that your transactions can process correctly with valid exchange rate data.

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