Symptom
You have set your Company Currency and Set of Books Currency as SEK. You have bank transactions to be done in USD, EUR, DKK, NOK, and GBP. The Exchange Rate Currency Conversion for the above currencies against SEK have been maintained.
You are created an Outgoing Bank Transfer in other currency DKK that is other than Company currency and the system throws an error message that Exchange Rate is missing for USD to DKK, EUR to DKK, NOK to DKK, GBP to DKK.
You want to know why is the error message shown despite maintaining the currency conversion between SEK to DKK.
Error Message: Conversion Rate missing for other Currencies(USD to DKK, EUR to DKK, NOK to DKK, GBP to DKK).
Environment
SAP Business ByDesign
Reproducing the Issue
- Go to the Payment Management work center.
- Go to the Payment Monitor view.
- Show All Payments and Find Payment XYZ.(Here XYZ is the Payment ID)
- Open the document ID XYZ.
- Click Check.
Error message is shown:
Conversion Rate missing for other Currencies
Cause
You are posting the transactions in different currency other than Company Currency.
Resolution
System works as designed. You have to maintain the Exchange Rate Currency Conversions between all the currencies maintained for banks and the currency in which the transaction takes place.
Keywords
Currencies, Conversion Rate missing, Exchange rates , KBA , currencies , conversion rate missing , exchange rates , AP-GSP , Goods and Service Acknowledgement , How To