How To Fix UO121 - Euro exchange rate missing for participating currency &1

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 121

• Message text: Euro exchange rate missing for participating currency &1

What causes this issue?

You have already made euro settings in the currency tables in your
system, but have not entered the fixed euro exchange rates for every
participating currency.

System Response

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

How to fix this error?

Maintain the fixed exchange rates using standard view maintenance.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message UO121 - Euro exchange rate missing for participating currency &1 ?

  The SAP error message UO121 indicates that there is a missing Euro exchange rate for a participating currency in the system. This typically occurs in the context of currency conversion, particularly when dealing with currencies that are part of the Eurozone or when the Euro is used as a reference currency.
  Cause:
  
  Missing Exchange Rate: The primary cause of this error is that the exchange rate for the specified currency against the Euro is not maintained in the system.
  Incorrect Configuration: The currency settings or configuration in the system may not be set up correctly, leading to missing exchange rates.
  Data Entry Error: There may have been an oversight in entering or updating the exchange rates in the system.
  
  Solution:
  To resolve the UO121 error, follow these steps:
  
  
  Check Exchange Rates:
  
  Go to the transaction code OB08 (Maintain Exchange Rates).
  Look for the currency in question and check if the exchange rate against the Euro is maintained.
  If it is missing, you will need to enter the appropriate exchange rate.
  
  
  
  Maintain Exchange Rate:
  
  If the exchange rate is not present, you can add it by selecting the currency and entering the relevant exchange rate for the Euro.
  Ensure that the validity dates for the exchange rate are correct.
  
  
  
  Review Currency Configuration:
  
  Check the configuration settings for currencies in your SAP system to ensure that all participating currencies are correctly set up.
  Ensure that the currency type is correctly defined and that the Euro is set as the reference currency if applicable.
  
  
  
  Check for Updates:
  
  If your organization uses external data sources for exchange rates, ensure that these sources are updated and that the data is correctly imported into SAP.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or consult with your SAP support team for any specific configurations or settings that may be required for your particular implementation.
  
  
  
  Related Information:
  
  Transaction Codes: 
  
  OB08: Maintain Exchange Rates
  OBBS: Display Exchange Rates
  
  
  Currency Types: Understand the different currency types in SAP (e.g., transaction currency, local currency, and group currency).
  Exchange Rate Types: Familiarize yourself with the different exchange rate types (e.g., M for average rate, B for bank buying rate) and ensure the correct type is being used.
  
  By following these steps, you should be able to resolve the UO121 error and ensure that the necessary exchange rates are maintained in your SAP system.