How To Fix UC020 - Exchange rate for field &1 with date &2 not found

SAP Error Message - Details

• Message type: E = Error

• Message class: UC - FI/CO Data transfer: errors during transfer

• Message number: 020

• Message text: Exchange rate for field &1 with date &2 not found

What causes this issue?

The currency could not be converted.

System Response

The posting can not be made.

How to fix this error?

Check the exchange rates for completeness.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message UC020 - Exchange rate for field &1 with date &2 not found ?

  The SAP error message UC020 indicates that the system could not find an exchange rate for a specific currency field on a given date. This typically occurs in scenarios involving currency conversion, such as when processing financial transactions, creating reports, or performing currency valuations.
  Cause:
  
  Missing Exchange Rate: The primary cause of this error is that there is no exchange rate defined in the system for the specified currency pair (e.g., from currency A to currency B) on the specified date.
  Incorrect Date: The date provided may not correspond to a date for which exchange rates have been maintained.
  Currency Configuration: The currency configuration in the system may not be set up correctly, or the relevant exchange rate type may not be defined.
  Data Entry Error: There may be a typo or incorrect entry in the currency or date fields.
  
  Solution:
  
  
  Check Exchange Rates:
  
  Go to the transaction code OB08 (Maintain Exchange Rates) in SAP.
  Verify if the exchange rate for the specified currency pair exists for the date in question.
  If it does not exist, you will need to enter the appropriate exchange rate for that date.
  
  
  
  Review Date:
  
  Ensure that the date you are using is correct and falls within the range of dates for which exchange rates are maintained.
  
  
  
  Exchange Rate Type:
  
  Check if the correct exchange rate type is being used in your transaction. Different types of exchange rates (e.g., M for average rate, B for bank buying rate) may have different rates maintained.
  
  
  
  Currency Configuration:
  
  Ensure that the currencies involved are correctly configured in the system. This includes checking the currency settings in the company code and ensuring that the currencies are active.
  
  
  
  Consult Documentation:
  
  If you are unsure about how to maintain exchange rates or the configuration, refer to SAP documentation or consult with your SAP administrator.
  
  
  
  Testing:
  
  After making the necessary changes, re-run the transaction that generated the error to confirm that the issue has been resolved.
  
  
  
  Related Information:
  
  Transaction Codes:
  
  OB08: Maintain Exchange Rates
  OBBS: Display Exchange Rates
  OB07: Define Exchange Rate Types
  
  
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to exchange rates.
  User Roles: Ensure that you have the necessary authorizations to maintain exchange rates in the system.
  
  By following these steps, you should be able to resolve the UC020 error and ensure that exchange rates are correctly maintained in your SAP system.