How To Fix UPB_PL005 - Exchange rate type &1 does not match your settings

SAP Error Message - Details

• Message type: E = Error

• Message class: UPB_PL - Message Class for Planning Interface

• Message number: 005

• Message text: Exchange rate type &1 does not match your settings

What causes this issue?

You selected exchange rate &V1&. It does not match your settings.

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?

Change the exchange rate corresponding to your settings, where the
exchange rate type is &V2&.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message UPB_PL005 - Exchange rate type &1 does not match your settings ?

  The SAP error message UPB_PL005 indicates that there is a mismatch between the exchange rate type specified in your planning or budgeting process and the settings configured in the system. This error typically arises in the context of financial planning or budgeting within SAP, particularly when dealing with currency conversions.
  Cause:
  
  Mismatch in Exchange Rate Type: The exchange rate type specified in your planning or budgeting document does not match the exchange rate type defined in the system settings.
  Configuration Issues: The exchange rate type may not be properly configured in the system, or it may not be available for the currency pair you are working with.
  Missing Exchange Rates: There may be no exchange rates defined for the specified exchange rate type for the relevant currencies in the time period you are working with.
  
  Solution:
  
  Check Exchange Rate Type: Verify the exchange rate type being used in your planning or budgeting document. Ensure that it is the correct one as per your organization's requirements.
  Review Configuration: Go to the configuration settings in SAP (Transaction Code: OB08) and check if the exchange rate type is defined correctly. Ensure that it is active and configured for the currencies you are using.
  Define Exchange Rates: If the exchange rate type is correct but there are no rates defined, you will need to enter the necessary exchange rates for the relevant currencies and time periods.
  Adjust Planning Settings: If you are using a specific planning application, check the settings to ensure that the correct exchange rate type is being referenced.
  Consult Documentation: Review SAP documentation or consult with your SAP Basis or Finance team to ensure that all settings are aligned with your organization's financial policies.
  
  Related Information:
  
  Transaction Codes: 
  
  OB08: Maintain exchange rates.
  KP06: Change planning layout.
  
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance.
  User Roles: Ensure that you have the necessary authorizations to view and modify exchange rate settings in SAP.
  Testing: After making changes, perform a test to ensure that the error is resolved and that the planning or budgeting process can proceed without issues.
  
  If the problem persists after following these steps, it may be beneficial to engage with your SAP support team or consult SAP community forums for further assistance.