How To Fix UCF2017 - No exchange rate type is assigned to exchange rate indicator &1

SAP Error Message - Details

• Message type: E = Error

• Message class: UCF2 - Messages for Currency Translation

• Message number: 017

• Message text: No exchange rate type is assigned to exchange rate indicator &1

What causes this issue?

No <DS:GLOS.3526B836AFAB52B9E10000009B38F974>exchange rate type</> is
assigned to <DS:GLOS.352A9A9AD3895CD5E10000009B38F974>exchange rate
indicator</> &V1& in <DS:GLOS.06DB9908C984D511B1250008C784EFB1>version
</> &V2& and period &V3&/&V4&.

System Response

The exchange rate cannot be determined.

How to fix this error?

Make the approprate assignments in customizing for exchange rate
indicators.

Procedure for System Administrators

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message UCF2017 - No exchange rate type is assigned to exchange rate indicator &1 ?

  The SAP error message UCF2017 indicates that there is no exchange rate type assigned to the specified exchange rate indicator. This error typically occurs in the context of currency conversion or financial transactions where exchange rates are required.
  Cause:
  
  Missing Configuration: The exchange rate type has not been defined or assigned to the exchange rate indicator in the system.
  Incorrect Settings: The exchange rate type may have been incorrectly configured or deleted.
  Data Entry Error: There may be a mistake in the data entry where the exchange rate indicator is being referenced.
  
  Solution:
  To resolve the UCF2017 error, follow these steps:
  
  
  Check Exchange Rate Type Configuration:
  
  Go to the transaction code OB08 (Maintain Exchange Rates).
  Verify that the exchange rate type you are trying to use is defined and active.
  Ensure that the exchange rate type is correctly assigned to the relevant exchange rate indicator.
  
  
  
  Assign Exchange Rate Type:
  
  If the exchange rate type is missing, you can create a new one or assign an existing one to the exchange rate indicator.
  Use transaction code OBBS (Define Exchange Rate Types) to create or modify exchange rate types.
  
  
  
  Review Exchange Rate Indicators:
  
  Check the configuration for exchange rate indicators in transaction code OB22 (Define Exchange Rate Indicators).
  Ensure that the exchange rate type is assigned to the correct exchange rate indicator.
  
  
  
  Test the Configuration:
  
  After making the necessary changes, test the transaction or process that was generating the error to ensure that it is resolved.
  
  
  
  Consult Documentation:
  
  If you are unsure about the correct exchange rate types or indicators to use, refer to your organization's financial documentation or consult with your SAP functional consultant.
  
  
  
  Related Information:
  
  Exchange Rate Types: These are used to define how currency conversions are handled in SAP. Common types include "M" for average rates, "B" for bank buying rates, etc.
  Exchange Rate Indicators: These are used to categorize different types of exchange rates for various purposes, such as financial reporting or transaction processing.
  SAP Notes: Check for any relevant SAP Notes that may provide additional guidance or fixes related to this error.
  
  By following these steps, you should be able to resolve the UCF2017 error and ensure that your exchange rate configurations are correctly set up in SAP.