How To Fix VK366 - Agreement &1: No fixed rate for conversion from &2 to &3

SAP Error Message - Details

• Message type: E = Error

• Message class: VK - Pflege und Bearbeitung von Konditionen

• Message number: 366

• Message text: Agreement &1: No fixed rate for conversion from &2 to &3

What causes this issue?

For the conversion of agreement currency into target currency, no fixed
rate with rate category EURO is stored in the system.

System Response

This can lead to unexpected payment amounts, if the rates between the
agreement and target currencies have changed over the course of the
validity period.

How to fix this error?

If the agreement currency that is taking part in European Currency
Union, maintain the fixed rates with rate category EURO.
In other cases, you should not change the agreement currency.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message VK366 - Agreement &1: No fixed rate for conversion from &2 to &3 ?

  The SAP error message VK366, which states "Agreement &1: No fixed rate for conversion from &2 to &3," typically occurs in the context of pricing and currency conversion in SAP. This error indicates that the system is unable to find a fixed exchange rate for converting between two currencies in a specific agreement or contract.
  
  Cause:
  
  Missing Exchange Rate: The most common cause of this error is that there is no fixed exchange rate defined in the system for the specified currency pair (from &2 to &3).
  Incorrect Currency Configuration: The currencies involved may not be properly configured in the system.
  Date Issues: The exchange rate may not be valid for the date of the transaction or agreement.
  Master Data Issues: The agreement or contract may not be set up correctly, or the relevant master data may be incomplete.
  
  
  Solution:
  
  
  Check Exchange Rate Table: 
  
  Go to transaction code OB08 (or the relevant transaction for maintaining exchange rates)