How To Fix T7304 - Rate was supplied; amounts are ignored

SAP Error Message - Details

• Message type: E = Error

• Message class: T7 - Forex entry

• Message number: 304

• Message text: Rate was supplied; amounts are ignored

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 T7304 - Rate was supplied; amounts are ignored ?

  The SAP error message T7304 ("Rate was supplied; amounts are ignored") typically occurs in the context of currency conversion or when dealing with foreign currency transactions in SAP. This message indicates that a rate has been provided for a transaction, but the system is set to ignore the amounts because it expects to use the provided rate instead.
  Cause:
  
  Rate Provided: The error is triggered when a currency conversion rate is supplied in a transaction, but the system is configured to ignore the amounts associated with that transaction.
  Configuration Settings: The settings in the currency conversion or pricing procedure may be configured in such a way that it prioritizes the rate over the amounts.
  Transaction Type: Certain transaction types may require specific handling of currency rates and amounts, leading to this message if the handling is not aligned with the system's expectations.
  
  Solution:
  
  Check Configuration: Review the configuration settings for currency conversion in the relevant SAP module (e.g., FI, CO, MM). Ensure that the settings allow for the amounts to be processed alongside the provided rate.
  Adjust Transaction Data: If you are manually entering data, ensure that you are not inadvertently providing a rate when the system expects to calculate it based on the amounts.
  Review Pricing Procedures: If applicable, check the pricing procedures in the system to ensure they are set up correctly to handle both rates and amounts.
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on handling currency rates and amounts in your version of SAP.
  Testing: If changes are made to configuration or transaction data, conduct tests to ensure that the error does not reoccur.
  
  Related Information:
  
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message. SAP frequently updates its knowledge base with solutions for common issues.
  Transaction Codes: Familiarize yourself with relevant transaction codes (e.g., OB08 for maintaining exchange rates) that may help in troubleshooting the issue.
  User Roles: Ensure that the user roles and authorizations are correctly set up to allow for the necessary changes in configuration or transaction data.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a consultant who specializes in SAP financial modules.