How To Fix WH035 - Exchange rate type for currency conversion missing

SAP Error Message - Details

• Message type: E = Error

• Message class: WH - Messages for store physical inventory (DRS)

• Message number: 035

• Message text: Exchange rate type for currency conversion missing

What causes this issue?

A currency which is not the local currency is entered in this
intermediate document item. The system needs an exchange rate type from
the POS outbound profile to be able to convert the sales value into the
local currency. The system could not determine this exchange rate type.

System Response

The system could not process the IDoc item.

How to fix this error?

There are two possible reasons for this error:
A POS outbound profile has not been entered for this plant.
A POS outbound profile has been entered for the plant but it does not
contain an exchange rate type.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message WH035 - Exchange rate type for currency conversion missing ?

  The SAP error message WH035, which states "Exchange rate type for currency conversion missing," typically occurs when the system is unable to find a valid exchange rate type for converting currencies in a transaction. This can happen in various scenarios, such as during the posting of financial documents, when processing invoices, or while executing reports that involve currency conversion.
  Cause:
  
  Missing Exchange Rate Type: The exchange rate type required for the currency conversion is not defined in the system.
  Configuration Issues: The exchange rate type may not be properly configured in the system settings.
  Currency Pair Not Defined: The specific currency pair for which the conversion is needed may not have an exchange rate defined.
  Transaction Type: The transaction type being processed may not have a corresponding exchange rate type assigned.
  
  Solution:
  
  
  Define Exchange Rate Type:
  
  Go to the SAP transaction code OB08 to maintain exchange rates.
  Ensure that the required exchange rate type is defined and that the relevant currency pair has an exchange rate set up.
  
  
  
  Check Configuration:
  
  Use transaction code OBBS to check the configuration of exchange rate types.
  Ensure that the exchange rate type is assigned to the relevant company code and is active.
  
  
  
  Assign Exchange Rate Type:
  
  If the error occurs during a specific transaction, check if the exchange rate type is assigned to that transaction type in the configuration settings.
  
  
  
  Review Currency Settings:
  
  Check the currency settings in the relevant master data (e.g., vendor, customer, or material master) to ensure that the correct currency and exchange rate type are being used.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or consult with your SAP support team for specific guidance related to your system configuration.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  OB08: Maintain exchange rates.
  OBBS: Configure exchange rate types.
  OB07: Define exchange rate types.
  
  
  
  Exchange Rate Types: Common exchange rate types include M (average rate), B (bank buying rate), and G (bank selling rate). Ensure that the appropriate type is used for your transactions.
  
  
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  
  
  Testing: After making changes, perform a test transaction to ensure that the error is resolved.
  
  
  By following these steps, you should be able to resolve the WH035 error and ensure that currency conversions are processed correctly in your SAP system.