How To Fix VAL108 - Market exchange rate is being used instead of purchase exchange rate

VAL108 - Overview

• Message type: E = Error

• Message class: VAL - Treasury: Messages for General Valuation

• Message number: 108

• Message text: Market exchange rate is being used instead of purchase exchange rate

What causes this issue?

The valuation step requires the foreign exchange purchase rate for the
valuation key date. The system determines the foreign exchange purchase
rate from the purchase values in position currency and valuation
currency.
No foreign exchange purchase rate could be determined for this position
since at least one of the purchase values is 0.
&V3&

System Response

Instead of the foreign exchange purchase rate, the system uses the
foreign exchange market rate on the valuation key date.
&V1&
&V2&

How to fix this error?

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

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 VAL108 - Market exchange rate is being used instead of purchase exchange rate ?

  The SAP error message VAL108 indicates that the system is using the market exchange rate instead of the purchase exchange rate for a specific transaction. This typically occurs in the context of foreign currency transactions, where the system needs to determine the appropriate exchange rate to apply.
  
  Cause:
  
  
  Exchange Rate Type Configuration: The system is configured to use the market exchange rate (usually defined as "M" in SAP) instead of the purchase exchange rate (often defined as "P"). This can happen if the exchange rate type is not set correctly in the transaction or in the configuration settings.
  
  
  Missing Purchase Exchange Rate: The purchase exchange rate may not be maintained in the system for the relevant currency pair or date, leading the system to default to the market exchange rate.
  
  
  Transaction Type: The type of transaction being processed may not support the use of the purchase exchange rate, or the settings for the transaction