How To Fix TE703 - Currency translation not possible from & to & for securities index &

SAP Error Message - Details

• Message type: E = Error

• Message class: TE - Market Risk Management

• Message number: 703

• Message text: Currency translation not possible from & to & for securities index &

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 TE703 - Currency translation not possible from & to & for securities index & ?

  The SAP error message TE703 indicates that there is an issue with currency translation for securities in the system. This error typically arises when the system is unable to perform a currency conversion for a specific securities index due to various reasons. Here’s a breakdown of the potential causes, solutions, and related information:
  Causes:
  
  Missing Exchange Rate: The exchange rate between the two currencies (from and to) may not be defined in the system.
  Currency Pair Not Supported: The currency pair you are trying to translate may not be supported or configured in the system.
  Incorrect Configuration: There may be incorrect settings in the currency translation configuration or in the securities index setup.
  Date Issues: The exchange rate may not be valid for the date of the transaction or valuation.
  Securities Index Issues: The securities index itself may not be properly configured or may not have the necessary data for currency translation.
  
  Solutions:
  
  
  Check Exchange Rates:
  
  Go to the transaction code OB08 to check if the exchange rates between the currencies are maintained correctly.
  Ensure that the exchange rate is valid for the date you are trying to perform the transaction.
  
  
  
  Verify Currency Configuration:
  
  Check the configuration for currencies in the system to ensure that the currency pair is supported.
  Ensure that the currencies involved are correctly set up in the system.
  
  
  
  Review Securities Index Configuration:
  
  Check the configuration of the securities index to ensure it is set up correctly and has the necessary data for currency translation.
  Ensure that the securities are assigned to the correct currency.
  
  
  
  Check for Validity Dates:
  
  Ensure that the exchange rates are valid for the date of the transaction. If you are working with historical data, make sure the rates for those dates are maintained.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for more detailed information on currency translation and securities index configuration.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the above points, consider reaching out to SAP support for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OB08 (Maintain Exchange Rates), SE11 (Data Dictionary), and SE37 (Function Module).
  SAP Notes: Check for any SAP Notes related to currency translation issues or specific to the TE703 error message for additional guidance or patches.
  User Forums: Engage with SAP community forums or user groups where similar issues may have been discussed.
  
  By following these steps, you should be able to identify and resolve the issue causing the TE703 error message in SAP.