How To Fix UCFI005 - No exchange rate indicator for income statement items for period &1/&2

UCFI005 - Overview

• Message type: E = Error

• Message class: UCFI - Messages for Elim. of IU Profit/Loss

• Message number: 005

• Message text: No exchange rate indicator for income statement items for period &1/&2

What causes this issue?

The exchange rate indicator is missing for income statement items in
period &v1&/&v2&.

System Response

The system cannot calculate currency translation differences.

How to fix this error?

Maintain the task for elimination of IU profit/loss in inventory for
period &v1&/&v2& and define the exchange rate indicator.

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 UCFI005 - No exchange rate indicator for income statement items for period &1/&2 ?

  The SAP error message UCFI005 indicates that there is no exchange rate indicator defined for income statement items for the specified period. This typically occurs during the process of currency translation or when generating financial reports that involve multiple currencies.
  
  Cause:
  
  
  Missing Exchange Rate Indicator: The primary cause of this error is that the system cannot find a valid exchange rate indicator for the income statement items for the specified period. This can happen if:
  
  The exchange rate type is not defined in the system.
  The exchange rate type is defined but does not have any rates for the specified period.
  The configuration for the currency translation is incomplete or incorrect.
  
  
  
  Incorrect Configuration: The configuration settings for currency translation in the SAP system may not be set up correctly, leading to the inability to find the necessary exchange rates.
  
  
  
  Solution:
  To resolve the UCFI005 error, you can take the following steps:
  
  
  Check Exchange Rate Types:
  
  Go to the transaction code