How To Fix UO089 - Ex.rate type &1 cannot be used - select another ex.rate type

UO089 - Overview

• Message type: E = Error

• Message class: UO - Maintain Currency Tables TCUR* for Euro Introduction

• Message number: 089

• Message text: Ex.rate type &1 cannot be used - select another ex.rate type

What causes this issue?

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

System Response

How to fix this error?

Enter a different exchange rate type.

Error message extract from SAP system. Copyright SAP SE.

UO089 - Details

• The SAP error message UO089 indicates that the specified exchange rate type (denoted as &1) cannot be used in the current context. This error typically arises in financial transactions where currency conversion is required, such as in foreign currency valuations, postings, or reporting.
  Causes:
  
  Exchange Rate Type Not Defined: The exchange rate type you are trying to use may not be defined in the system.
  Inactive Exchange Rate Type: The exchange rate type might be defined but is currently inactive or not maintained for the relevant currency pair.
  Date Issues: The exchange rate type may not have valid rates for the date of the transaction.
  
  Configuration Issues: There may be configuration issues in the currency settings or in the financial module settings.
  Authorization Issues: The user may not have the necessary authorizations to use the specified exchange rate type.
  
  Solutions:
  
  
  Check Exchange Rate Type Configuration:
  
  Go to the transaction code OB08 to check if the exchange rate type is