How To Fix TRTM_CUSTOMIZING005 - No translation ratio has been defined for currency &1

SAP Error Message - Details

• Message type: E = Error

• Message class: TRTM_CUSTOMIZING - Consistency Check in Customizing by TR-TM

• Message number: 005

• Message text: No translation ratio has been defined for currency &1

What causes this issue?

The Customizing check found that no translation ratio was entered for
currency &V1&.

System Response

The system cannot work with these settings.

How to fix this error?

INCLUDE NA_SYSADMIN1 OBJECT DOKU ID TX LANGUAGE EN

Procedure for System Administrators

Check the Customizing settings for the currency units by choosing
<DS:SIMG.SIMG_CFMENUFWMCFZWE>Define Currency Units</>.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message TRTM_CUSTOMIZING005 - No translation ratio has been defined for currency &1 ?

  The SAP error message TRTM_CUSTOMIZING005 indicates that there is no translation ratio defined for a specific currency in the system. This typically occurs in the context of currency translation or conversion processes, where the system requires a defined ratio to convert amounts from one currency to another.
  Cause:
  The error is caused by the absence of a translation ratio for the specified currency (denoted as &1 in the error message). This can happen due to several reasons:
  
  The currency has not been set up in the system for translation.
  The translation ratios have not been maintained or are incomplete.
  The currency is not included in the relevant customizing settings for currency translation.
  
  Solution:
  To resolve this error, you can follow these steps:
  
  
  Check Currency Settings:
  
  Go to the transaction code OB08 (Maintain Exchange Rates) in SAP.
  Verify if the currency in question is listed and if the translation ratio is defined for the relevant date.
  
  
  
  Maintain Translation Ratios:
  
  If the currency is not listed, you will need to add it and define the translation ratio.
  If it is listed but the ratio is missing or incorrect, you can update it accordingly.
  
  
  
  Check Customizing Settings:
  
  Navigate to the relevant customizing settings for currency translation. This can typically be found under Financial Accounting (FI) or Controlling (CO) modules.
  Ensure that the currency is included in the settings for currency translation.
  
  
  
  Review Documentation:
  
  Check SAP documentation or help files for any specific requirements or additional settings that may be necessary for the currency in question.
  
  
  
  Consult with Functional Team:
  
  If you are unsure about the correct translation ratio or how to maintain it, consult with your SAP functional team or a financial expert within your organization.
  
  
  
  Related Information:
  
  Transaction Codes:
  
  OB08: Maintain Exchange Rates
  OB22: Define Translation Ratios
  
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance.
  Currency Types: Ensure that the currency type (e.g., local currency, group currency) is correctly defined in your configuration.
  
  By following these steps, you should be able to resolve the TRTM_CUSTOMIZING005 error and ensure that the necessary translation ratios are in place for the currency in question.