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How To Fix T0462 - Spot rate is <= 0


SAP Error Message - Details

  • Message type: E = Error

  • Message class: T0 - General Treasury

  • Message number: 462

  • Message text: Spot rate is <= 0

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

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Smart SAP Assistant

  • What is the cause and solution for SAP error message T0462 - Spot rate is <= 0 ?

    The SAP error message T0462 "Spot rate is <= 0" typically occurs in the context of foreign currency transactions, particularly when dealing with exchange rates in the system. This error indicates that the system has encountered a spot exchange rate that is less than or equal to zero, which is not valid for currency conversion.

    Cause:

    1. Missing Exchange Rate: The exchange rate for the currency pair may not be maintained in the system.
    2. Incorrect Exchange Rate: The exchange rate might have been incorrectly entered or updated to a value that is zero or negative.
    3. Date Issues: The exchange rate might not be valid for the date of the transaction, leading to the system not finding a valid rate.
    4. Currency Pair Issues: The currency pair being used may not be supported or may not have a defined exchange rate in the system.

    Solution:

    1. Check Exchange Rate Maintenance:

      • Go to the transaction code OB08 (or the relevant transaction for maintaining exchange rates).
      • Verify that the exchange rate for the relevant currency pair is maintained and is greater than zero.
      • If it is missing or incorrect, enter the correct exchange rate.
    2. Review Transaction Date:

      • Ensure that the transaction date falls within the validity period of the exchange rate. If the rate is only valid for certain dates, you may need to adjust the transaction date or update the exchange rate.
    3. Currency Pair Verification:

      • Confirm that the currency pair you are using is valid and that both currencies are correctly defined in the system.
    4. Check for Updates:

      • If you are using a third-party service for exchange rates, ensure that the service is functioning correctly and that the rates are being updated as expected.
    5. Consult Documentation:

      • Review SAP documentation or consult with your SAP support team for any specific configurations or settings that may affect exchange rates.

    Related Information:

    • Transaction Codes:
      • OB08: Maintain exchange rates.
      • OBBS: Display exchange rates.
    • Currency Configuration: Ensure that the currencies involved are properly configured in the system.
    • SAP Notes: Check for any relevant SAP Notes that may address this issue or provide additional guidance.
    • Testing: After making changes, test the transaction again to ensure that the error is resolved.

    If the issue persists after following these steps, it may be beneficial to engage with your SAP support team or consult SAP community forums for further assistance.

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