How To Fix SPE517 - Item &1: Exchange rate & invalid.

SAP Error Message - Details

• Message type: E = Error

• Message class: SPE -

• Message number: 517

• Message text: Item &1: Exchange rate & invalid.

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.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message SPE517 - Item &1: Exchange rate & invalid. ?

  The SAP error message SPE517 ("Item &1: Exchange rate & invalid") typically occurs in the context of financial transactions, particularly when dealing with foreign currency transactions. This error indicates that the exchange rate being used for a specific item (denoted by &1) is invalid or not found in the system for the specified date.
  Causes:
  
  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.
  Incorrect Date: The date of the transaction may not fall within the validity period of the exchange rate.
  Currency Configuration: The currency settings in the system may not be properly configured, leading to issues in retrieving the correct exchange rate.
  Transaction Type: The type of transaction may not support the currency conversion being attempted.
  
  Solutions:
  
  
  Maintain Exchange Rates:
  
  Go to the transaction code OB08 (or the relevant transaction for maintaining exchange rates).
  Check if the exchange rate for the relevant currency pair is maintained for the date of the transaction.
  If not, enter the correct exchange rate for the required date.
  
  
  
  Check Validity Period:
  
  Ensure that the exchange rate is valid for the date of the transaction. If the transaction date is outside the validity period, you may need to adjust the date or maintain a new exchange rate.
  
  
  
  Review Currency Configuration:
  
  Verify the currency settings in your SAP system to ensure that all necessary currencies are configured correctly.
  Check if the currency types (e.g., transaction currency, local currency) are set up properly.
  
  
  
  Transaction Type Review:
  
  Ensure that the transaction type you are using supports the currency conversion. Some transaction types may have restrictions on currency handling.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or consult with your SAP support team for any specific configurations or settings that may be affecting currency conversion.
  
  
  
  Related Information:
  
  Transaction Codes: 
  
  OB08: Maintain exchange rates.
  OBBS: Display exchange rates.
  
  
  Currency Types: Understand the different currency types in SAP (e.g., transaction currency, local currency, hard currency).
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to exchange rates and currency handling.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or refer to SAP community forums for further assistance.