How To Fix UC027 - Currency translation type &1 does not exist

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 027

• Message text: Currency translation type &1 does not exist

What causes this issue?

The currency translation type you entered does not exist.

How to fix this error?

Enter a valid currency translation type.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message UC027 - Currency translation type &1 does not exist ?

  The SAP error message UC027 indicates that a specified currency translation type does not exist in the system. This error typically arises in the context of financial reporting, currency conversion, or when working with multiple currencies in SAP.
  Cause:
  
  Non-Existent Translation Type: The currency translation type specified in the configuration or during the execution of a transaction does not exist in the system.
  Incorrect Configuration: The translation type may not have been set up correctly in the system, or it may have been deleted or not activated.
  Typographical Error: There may be a typo in the currency translation type being referenced.
  Missing Authorization: The user may not have the necessary authorizations to access the currency translation types.
  
  Solution:
  
  
  Check Configuration:
  
  Go to the transaction code OB22 (for defining currency translation types) and verify if the specified translation type exists.
  If it does not exist, you may need to create it or correct the reference in your transaction.
  
  
  
  Create or Modify Translation Type:
  
  If the translation type is missing, you can create a new one by following the necessary steps in the configuration.
  Ensure that all required parameters for the translation type are correctly set.
  
  
  
  Verify Input:
  
  Double-check the input for the currency translation type in the transaction or report that triggered the error. Ensure there are no typographical errors.
  
  
  
  Check Authorizations:
  
  Ensure that the user has the necessary authorizations to access and use the currency translation types. This may involve checking roles and permissions in the user profile.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for additional guidance on currency translation types and their configuration.
  
  
  
  Contact Support:
  
  If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting SAP Notes for any known issues related to this error.
  
  
  
  Related Information:
  
  Transaction Codes: 
  
  OB22: Define Currency Translation Types
  OB08: Define Exchange Rates
  
  
  SAP Notes: Search for relevant SAP Notes in the SAP Support Portal that may address specific issues related to currency translation types.
  Documentation: Review SAP Help documentation for Financial Accounting (FI) and Controlling (CO) modules for more details on currency handling and translation.
  
  By following these steps, you should be able to resolve the UC027 error and ensure that your currency translation types are correctly configured in SAP.