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.