How To Fix UCF2029 - Exchange rate determ. &1: Values differ in local currency (&2: &3 <> &4)

SAP Error Message - Details

• Message type: E = Error

• Message class: UCF2 - Messages for Currency Translation

• Message number: 029

• Message text: Exchange rate determ. &1: Values differ in local currency (&2: &3 <> &4)

What causes this issue?

Data was translated using procedure &V1& for determining exchange rates.
For item/transaction type &V2&, this resulted in a difference of t
he values in local currency between the data being converted and the
additional financial data (&V3& <> &V4&).
The values in local currency normally need to be the same so that transl
ations to group currency remain consistent.

System Response

The system will translate the value in local currency using the exchange
rate determined in the additional financial data.

How to fix this error?

Check the local currencies in the reported financial data and the additi
onal financial data. If necessary, run a validation of the reported
financial data, making sure that the additional financial data check is
activated.

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 UCF2029 - Exchange rate determ. &1: Values differ in local currency (&2: &3 <> &4) ?

  The SAP error message UCF2029 indicates a discrepancy in exchange rate determination, specifically when the values in local currency do not match. This error typically arises in the context of financial transactions, where the system expects consistent values in local currency but finds differences.
  Cause:
  The error message UCF2029 can occur due to several reasons:
  
  Inconsistent Exchange Rates: The exchange rates used for different transactions may not be consistent, leading to discrepancies in the calculated values.
  Currency Configuration Issues: There may be issues with the configuration of currencies in the system, such as missing or incorrect exchange rate types.
  Data Entry Errors: Manual entry errors during transaction processing can lead to mismatched values.
  Timing Issues: Exchange rates may have changed between the time of transaction entry and the time of posting, leading to differences in values.
  Different Valuation Methods: Different valuation methods (e.g., average rate vs. spot rate) may be applied inconsistently across transactions.
  
  Solution:
  To resolve the UCF2029 error, you can take the following steps:
  
  
  Check Exchange Rates:
  
  Verify the exchange rates configured in the system. Ensure that the rates are up-to-date and consistent across all relevant transactions.
  Use transaction code OB08 to check and maintain exchange rates.
  
  
  
  Review Transaction Data:
  
  Examine the specific transaction that triggered the error. Look for any discrepancies in the amounts entered in local currency.
  Ensure that the amounts are correctly entered and correspond to the expected values.
  
  
  
  Validate Currency Configuration:
  
  Check the currency settings in the system to ensure that all necessary currencies and exchange rate types are properly configured.
  Use transaction code OB22 to review the configuration of currency types.
  
  
  
  Recalculate Values:
  
  If the error is due to timing issues, consider recalculating the values using the correct exchange rate.
  You may need to reverse and re-enter the transaction with the correct values.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or consult with your SAP support team for specific guidance related to your system configuration and version.
  
  
  
  Testing:
  
  After making adjustments, test the transaction again to ensure that the error has been resolved.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OB08 (Maintain Exchange Rates), OB22 (Define Currency Types), and others that may help in troubleshooting.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  User Forums: Engage with SAP community forums or user groups for additional insights and solutions from other users who may have encountered similar issues.
  
  By following these steps, you should be able to identify the cause of the UCF2029 error and implement a solution to resolve it.