How To Fix VAL819 - Cannot determine exchange rate for key date &1, security &2

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 819

• Message text: Cannot determine exchange rate for key date &1, security &2

What causes this issue?

The system attempted to determine a market rate to translate the
impairment from currency &3 into currency &4. However, a suitable entry
could not be found in either view VALV_SP_VAL_SEC (special valuation) or
V_TCURR (exchange rates).

System Response

Processing was terminated.

How to fix this error?

Maintain a security price in position currency and valuation currency
using transaction TPM73 or maintain a suitable exchange rate in view
V_TCURR (transaction S_ALR_87008535). Alternatively, in the Customizing
settings for the impairment procedure you can convert the exchange rate
to "book rate."

Procedure for System Administrators

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

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message VAL819 - Cannot determine exchange rate for key date &1, security &2 ?

  The SAP error message VAL819 indicates that the system is unable to determine the exchange rate for a specific key date and security. This typically occurs in the context of financial transactions, particularly when dealing with foreign currency valuations or conversions.
  Cause:
  
  Missing Exchange Rate: The most common cause is that there is no exchange rate defined for the currency pair on the specified key date in the system.
  Incorrect Key Date: The key date provided may not be valid or may not have an associated exchange rate.
  Currency Configuration: The currency settings in the system may not be properly configured, leading to issues in retrieving the exchange rate.
  Data Entry Errors: There may be a typo or incorrect entry in the security or key date fields.
  
  Solution:
  
  
  Check Exchange Rate Table: Verify that the exchange rate for the relevant currency pair exists for the specified key date. You can do this by checking the exchange rate table (transaction code OB08).
  
  If the exchange rate is missing, you can enter it manually for the required date.
  
  
  
  Review Key Date: Ensure that the key date you are using is correct and falls within the range of dates for which exchange rates are maintained.
  
  
  Currency Configuration: Check the configuration settings for currencies in your SAP system to ensure that they are set up correctly.
  
  
  Transaction Code: Use transaction code OBA1 to check the settings for the currency types and ensure they are correctly defined.
  
  
  Consult Documentation: If you are unsure about how to enter exchange rates or configure currency settings, refer to SAP documentation or consult with your SAP administrator.
  
  
  Re-run the Process: After making the necessary adjustments, re-run the process that triggered the error to see if it resolves the issue.
  
  
  Related Information:
  
  Transaction Codes: 
  
  OB08: Maintain exchange rates
  OBA1: Maintain currency types
  
  
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to exchange rates and currency conversions.
  User Roles: Ensure that you have the necessary permissions to view and edit exchange rates in the system.
  
  If the problem persists after following these steps, it may be beneficial to consult with your SAP support team or a technical consultant for further assistance.