How To Fix TPM_ADJ011 - Forex book rate contract &4 does not correspond to fixed rate

SAP Error Message - Details

• Message type: E = Error

• Message class: TPM_ADJ - Treasury: Reconciliation Business Transactions

• Message number: 011

• Message text: Forex book rate contract &4 does not correspond to fixed rate

What causes this issue?

For local currency conversions the book exchange rate of the positions
must be the same as the fixed rate of the relevant currencies
(position/local currency). This is not the case for this position:
Company code &v1&
Valuation area &v2&
Valuation class &v3&
Contract &v4&

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message TPM_ADJ011 - Forex book rate contract &4 does not correspond to fixed rate ?

  The SAP error message TPM_ADJ011 indicates that there is a discrepancy between the foreign exchange (forex) book rate contract and the fixed rate defined in the system. This error typically arises in the context of Treasury and Risk Management (TRM) when dealing with foreign exchange contracts.
  Cause:
  
  Mismatch in Rates: The fixed rate defined in the forex book rate contract does not match the rate that is being used or expected in the transaction.
  Incorrect Configuration: There may be an issue with the configuration of the forex book rate or the fixed rate settings in the system.
  Data Entry Errors: Manual entry errors when creating or updating contracts can lead to discrepancies.
  Changes in Market Rates: If the market rates have changed and the fixed rate has not been updated accordingly, this can lead to mismatches.
  
  Solution:
  
  Verify Contract Details: Check the details of the forex book rate contract and ensure that the fixed rate is correctly defined. Compare it with the expected market rates.
  Update Rates: If the fixed rate is outdated, update it to reflect the current market conditions.
  Check Configuration: Review the configuration settings in the SAP system related to forex book rates and fixed rates to ensure they are set up correctly.
  Recreate Contract: If the contract is found to be incorrect, consider recreating it with the correct details.
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on handling this error in your version of SAP.
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as TPM1 (Create Forex Contract), TPM2 (Change Forex Contract), and TPM3 (Display Forex Contract) to manage forex contracts effectively.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  User Roles: Ensure that users have the appropriate roles and authorizations to create and modify forex contracts.
  Testing: After making changes, conduct thorough testing to ensure that the issue is resolved and that the system behaves as expected.
  
  If the problem persists after following these steps, it may be beneficial to consult with your SAP support team or a consultant who specializes in Treasury and Risk Management within SAP.