How To Fix TRIA305 - No exchange rate found for currency conversion &1 to &2

SAP Error Message - Details

• Message type: E = Error

• Message class: TRIA - Int. Rate Adj. for Derivatives, Money Market and Securities

• Message number: 305

• Message text: No exchange rate found for currency conversion &1 to &2

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message TRIA305 - No exchange rate found for currency conversion &1 to &2 ?

  The SAP error message TRIA305 indicates that there is no exchange rate available for converting a specified currency (denoted as &1) to another currency (denoted as &2). This error typically occurs during transactions that involve currency conversion, such as when processing invoices, payments, or financial reports.
  Causes:
  
  Missing Exchange Rate: The most common cause is that the exchange rate between the two currencies has not been maintained in the system.
  Incorrect Currency Pair: The currency pair specified may not be valid or may not exist in the system.
  Date Issues: The exchange rate may not be available for the date of the transaction. Exchange rates can be time-sensitive, and if the rate is not maintained for the specific date, the system will not find it.
  Configuration Issues: There may be configuration issues in the currency settings or in the exchange rate types.
  
  Solutions:
  
  
  Maintain Exchange Rates:
  
  Go to the transaction code OB08 (or use the menu path: SAP Easy Access > Accounting > Financial Accounting > General Ledger > Master Data > Currencies > Maintain Exchange Rates).
  Enter the required currency pair and maintain the exchange rate for the relevant date.
  
  
  
  Check Currency Pair:
  
  Verify that the currency pair you are trying to convert is valid and exists in the system.
  Ensure that both currencies are correctly defined in the system.
  
  
  
  Check Date Validity:
  
  Ensure that the exchange rate is maintained for the date of the transaction. If the transaction date is in the past or future, make sure the exchange rate is available for that date.
  
  
  
  Review Configuration:
  
  Check the configuration settings related to currency conversion in the system. Ensure that the exchange rate types are correctly set up and that the system is configured to use the correct exchange rate type for the transaction.
  
  
  
  Use Alternative Exchange Rate Types:
  
  If applicable, check if there are alternative exchange rate types that can be used for the conversion.
  
  
  
  Related Information:
  
  Transaction Codes: 
  
  OB08: Maintain Exchange Rates
  OBBS: Display Exchange Rates
  OBB8: Maintain Exchange Rate Types
  
  
  Documentation: Refer to SAP Help documentation for detailed information on currency conversion and exchange rate maintenance.
  User Roles: Ensure that the user has the necessary authorizations to maintain exchange rates in the system.
  
  By following these steps, you should be able to resolve the TRIA305 error and successfully perform the currency conversion.