How To Fix T7225 - Suggested rate from currency table

SAP Error Message - Details

• Message type: E = Error

• Message class: T7 - Forex entry

• Message number: 225

• Message text: Suggested rate from currency table

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message T7225 - Suggested rate from currency table ?

  The SAP error message T7225, which states "Suggested rate from currency table," typically occurs when there is an issue with the currency conversion rates in the system. This error can arise in various scenarios, such as during the posting of financial documents, when executing currency translations, or when generating reports that involve currency conversion.
  Cause:
  
  Missing Exchange Rate: The most common cause of this error is that the exchange rate for the currency pair in question is missing from the currency table (TCURR).
  Incorrect Configuration: The currency settings in the system may not be configured correctly, leading to issues in retrieving the appropriate exchange rates.
  Date Issues: The exchange rate may not be valid for the date of the transaction. Exchange rates are often time-sensitive, and if the rate is not maintained for the specific date, the system will not be able to retrieve it.
  Currency Type: The currency type (e.g., spot rate, average rate) may not be set up correctly or may not match the expected type for the transaction.
  
  Solution:
  
  
  Check Exchange Rates: 
  
  Go to transaction code OB08 to check the exchange rates in the system. Ensure that the required exchange rate for the currency pair is maintained for the relevant date.
  If the rate is missing, you can add it manually.
  
  
  
  Verify Currency Configuration:
  
  Ensure that the currency settings in your SAP configuration are correct. This includes checking the currency types and ensuring they are properly defined in the system.
  
  
  
  Maintain Exchange Rates:
  
  If you need to maintain exchange rates for future dates, you can do so in transaction code OB08. Make sure to enter the correct currency pair and the corresponding rates.
  
  
  
  Check Transaction Dates:
  
  Ensure that the transaction date falls within the range of valid exchange rates. If the transaction date is outside the range, you may need to adjust the date or maintain the necessary exchange rates.
  
  
  
  Consult Documentation: 
  
  If the issue persists, consult SAP documentation or reach out to your SAP support team for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: 
  
  OB08: Maintain exchange rates.
  TCURR: Table for currency exchange rates.
  
  
  Currency Types: Understand the different currency types (e.g., M for average rate, G for historical rate) and ensure they are correctly configured.
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to currency conversion and exchange rates.
  
  By following these steps, you should be able to resolve the T7225 error and ensure that your currency conversion processes function smoothly.