How To Fix TRF0005 - No rate type maintained

SAP Error Message - Details

• Message type: E = Error

• Message class: TRF0 - TRF Messages

• Message number: 005

• Message text: No rate type maintained

What causes this issue?

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

System Response

A rate type is required to determine the market price. This could not be
determined.

How to fix this error?

Processing is terminated.

Procedure for System Administrators

Enter the rate type either in the Customizing settings for the product
type or at the position indicator of the affected position.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message TRF0005 - No rate type maintained ?

  The SAP error message TRF0005 ("No rate type maintained") typically occurs in the context of Treasury and Risk Management (TRM) when the system is unable to find a valid rate type for a specific transaction or calculation. This can happen in various scenarios, such as when dealing with foreign exchange rates, interest rates, or other financial instruments.
  Cause:
  
  Missing Rate Type Configuration: The most common cause is that the required rate type has not been defined in the system. This could be due to incomplete configuration during the setup of the Treasury module.
  Incorrect Transaction Type: The transaction type being processed may not be linked to a valid rate type.
  Data Inconsistencies: There may be inconsistencies in the master data or transaction data that prevent the system from finding the appropriate rate type.
  Date Issues: The date for which the rate is being requested may not have a corresponding rate type maintained.
  
  Solution:
  
  
  Check Rate Type Configuration:
  
  Navigate to the configuration settings for Treasury and Risk Management.
  Ensure that the required rate types are defined and properly configured. This can typically be done in the customizing settings under the path: SPRO -> Financial Supply Chain Management -> Treasury and Risk Management -> Basic Settings -> Define Rate Types.
  
  
  
  Verify Transaction Type:
  
  Check the transaction type you are working with to ensure it is correctly linked to the appropriate rate type.
  You can do this by reviewing the transaction type settings in the system.
  
  
  
  Review Master Data:
  
  Ensure that all relevant master data (e.g., currency pairs, financial instruments) is correctly maintained and that there are no missing entries that could lead to this error.
  
  
  
  Check Date Validity:
  
  Verify that the date for which you are trying to retrieve the rate is valid and that there is a rate maintained for that specific date.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources for any additional configuration steps that may be required for your specific setup.
  
  
  
  Contact Support:
  
  If the issue persists after checking the above points, consider reaching out to SAP support or your internal SAP team for further assistance.
  
  
  
  Related Information:
  
  Transaction Codes: You may use transaction codes like OB08 to maintain exchange rates or TPM1 to manage transaction types in Treasury.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance.
  Testing: After making changes, perform tests to ensure that the error is resolved and that the system behaves as expected.
  
  By following these steps, you should be able to identify and resolve the TRF0005 error in your SAP system.