How To Fix V1449 - Exchange rate of &1 in &2 for date &3 could not be determined

SAP Error Message - Details

• Message type: E = Error

• Message class: V1 - Verkaufsbelegbearbeitung

• Message number: 449

• Message text: Exchange rate of &1 in &2 for date &3 could not be determined

What causes this issue?

You have entered a currency for which no valid exchange rate could be
determined for the pricing date.

How to fix this error?

Check whether a valid exchange rate for this currency exists for &V3&.
If this is not the case, define an exchange rate in Customizing,
providing you have the authorization to do this.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message V1449 - Exchange rate of &1 in &2 for date &3 could not be determined ?

  The SAP error message V1449 indicates that the system was unable to determine the exchange rate for a specified currency pair on a given date. This can occur in various scenarios, such as during the processing of sales orders, invoices, or any financial transactions that involve currency conversion.
  Cause:
  
  Missing Exchange Rate: The exchange rate for the specified currency pair (e.g., from currency A to currency B) is not maintained in the system for the specified date.
  Incorrect Date: The date provided may not fall within the range of valid exchange rates maintained in the system.
  Currency Configuration: The currencies involved may not be properly configured in the system.
  Exchange Rate Type: The exchange rate type being used may not have the required rates maintained.
  
  Solution:
  
  
  Check Exchange Rate Maintenance:
  
  Go to the transaction code OB08 (or use the menu path: SAP Easy Access -> Accounting -> Financial Accounting -> General Ledger -> Master Data -> Currencies -> Maintain Exchange Rates).
  Verify if the exchange rate for the specified currency pair and date is maintained. If not, you will need to enter the appropriate exchange rate.
  
  
  
  Verify Date:
  
  Ensure that the date you are using for the transaction is correct and falls within the range of the maintained exchange rates.
  
  
  
  Check Currency Configuration:
  
  Ensure that both currencies involved in the transaction are correctly configured in the system. You can check this in the transaction code OB22 (for currency types).
  
  
  
  Review Exchange Rate Type:
  
  Make sure that the exchange rate type being used in your transaction is the one that has the required rates maintained. You can check the exchange rate type in the configuration settings.
  
  
  
  Consult with Finance Team:
  
  If you are unsure about the correct exchange rates or configurations, consult with your finance or accounting team to ensure that the necessary rates are maintained and that you are using the correct settings.
  
  
  
  Related Information:
  
  Transaction Codes:
  
  OB08: Maintain Exchange Rates
  OB22: Define Currency Types
  
  
  Documentation: Refer to SAP Help documentation for more details on currency management and exchange rate maintenance.
  User Roles: Ensure that you have the necessary authorizations to maintain exchange rates in the system.
  
  By following these steps, you should be able to resolve the V1449 error and ensure that the necessary exchange rates are available for your transactions.