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

UC020 - Overview

• 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