How To Fix VAL232 - Only an outdated FX rate from &1 was found for the FX valuation

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 232

• Message text: Only an outdated FX rate from &1 was found for the FX valuation

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message VAL232 - Only an outdated FX rate from &1 was found for the FX valuation ?

  The SAP error message VAL232 indicates that during the foreign exchange (FX) valuation process, the system could only find an outdated exchange rate for the specified currency pair. This typically occurs when the exchange rate data in the system is not up to date, which can lead to inaccuracies in financial reporting and valuation.
  Cause:
  
  Outdated Exchange Rates: The most common cause is that the exchange rates in the system have not been updated for the relevant currency pair.
  Missing Exchange Rates: There may be no exchange rates defined for the specific date or period being processed.
  Configuration Issues: There could be issues with the configuration of the currency translation settings in the system.
  Data Entry Errors: Incorrect data entry or missing data in the relevant tables can also lead to this error.
  
  Solution:
  
  
  Update Exchange Rates:
  
  Go to the transaction code OB08 (Maintain Exchange Rates) in SAP.
  Check if the exchange rates for the relevant currency pair are up to date. If not, enter the correct rates for the required dates.
  Ensure that the rates are maintained for all necessary currencies and periods.
  
  
  
  Check Valuation Date:
  
  Ensure that the valuation date you are using is within the range of the maintained exchange rates. If you are trying to perform a valuation for a date that does not have a corresponding exchange rate, you will encounter this error.
  
  
  
  Review Configuration:
  
  Check the configuration settings for currency translation in the system. Ensure that the settings are correctly defined to allow for the proper retrieval of exchange rates.
  
  
  
  Run the Valuation Again:
  
  After updating the exchange rates, re-run the FX valuation process to see if the error persists.
  
  
  
  Consult Documentation:
  
  If the issue continues, refer to SAP documentation or consult with your SAP support team for further troubleshooting steps.
  
  
  
  Related Information:
  
  Transaction Codes: 
  
  OB08: Maintain Exchange Rates
  F.05: Foreign Currency Valuation
  
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance.
  User Roles: Ensure that the user performing these actions has the necessary authorizations to update exchange rates and perform valuations.
  
  By following these steps, you should be able to resolve the VAL232 error and ensure that your foreign exchange valuations are accurate and up to date.