How To Fix V2426 - The system could not find an exchange rate for document &1 item &2

SAP Error Message - Details

• Message type: E = Error

• Message class: V2 - Kopierfunktionen der Verkaufsbelegbearbeitung

• Message number: 426

• Message text: The system could not find an exchange rate for document &1 item &2

What causes this issue?

The system could not find an exchange rate for the EURO.

System Response

The system has to stop processing because otherwise inconsistencies
could occur in the document.

How to fix this error?

Maintain an exchange rate for the EURO in Customizing.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message V2426 - The system could not find an exchange rate for document &1 item &2 ?

  The SAP error message V2426 indicates that the system could not find an exchange rate for a specific document and item. This typically occurs in scenarios involving foreign currency transactions, where the system needs to convert amounts from one currency to another but cannot find the necessary exchange rate in the system.
  Cause:
  
  Missing Exchange Rate: The most common cause is that there is no exchange rate defined for the currency pair in the specified date range.
  Incorrect Date: The document date may fall outside the range of valid exchange rates.
  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 been maintained for the required currency pair.
  Document Type: The document type may not be set up to handle foreign currency transactions correctly.
  
  Solution:
  
  
  Check Exchange Rates:
  
  Go to the transaction code OB08 (Maintain Exchange Rates) and verify if the exchange rate for the relevant currency pair exists for the date of the document.
  If it does not exist, you will need to enter the appropriate exchange rate.
  
  
  
  Verify Document Date:
  
  Ensure that the document date falls within the range of valid exchange rates. If necessary, adjust the document date or add the required exchange rate for that date.
  
  
  
  Review Currency Configuration:
  
  Check the configuration of the currencies involved in the transaction. Ensure that both currencies are active and properly set up in the system.
  
  
  
  Check Exchange Rate Type:
  
  Ensure that the exchange rate type being used in the transaction is correctly maintained. You can check this in the configuration settings for exchange rates.
  
  
  
  Document Type Settings:
  
  Review the settings for the document type being used to ensure it is configured to handle foreign currency transactions.
  
  
  
  Consult with Finance Team:
  
  If you are unsure about the correct exchange rates or configurations, consult with your finance or accounting team to ensure compliance with financial policies.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  OB08: Maintain Exchange Rates
  OBBS: Display Exchange Rates
  OB07: Define Exchange Rate Types
  
  
  
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to exchange rates and currency conversion.
  
  
  Documentation: Refer to SAP documentation for detailed information on currency management and exchange rate maintenance.
  
  
  By following these steps, you should be able to resolve the V2426 error and ensure that the necessary exchange rates are available for your transactions.