Symptom
Error occurs when trying to clear a clearing document 123(123 here represents Clearing ID) 'Currency conversion failed due to missing Exchange rates. Maintain the Exchange rates for conversion from (for Eg: Singapore Dollar to Pound Sterling )for Mid Rate'.
Environment
SAP Business ByDesign
Reproducing the Issue
- Go to the Payables Work center.
- Go to the Suppliers view.
- Go to the Supplier Accounts Sub view.
- Show All Suppliers and Find Supplier ID.
- Select the Supplier ID and choose view.
- Go to Open items and choose Clearing Id.
- Click on Clear.
Cause
Exchange rates are not maintained between the two currencies in Set of Books.
Resolution
Maintain the Exchange rates by following steps:
- Go to the General Ledger Work center.
- Go to the Common Tasks view.
- Go to the Edit Exchange Rates Subview.
- Go to Edit Exchange History.
- Enter the Exchange rate between the two currencies and Valid From Date for the required Exchange Rate Type.
Keywords
Currency conversion,Manual clearing,Exchange Rates , KBA , exchange rates , currency conversion , manual clearing , SRD-FIN-ACP , Payables , Problem
Product
SAP Business ByDesign 2002 ; SAP Business ByDesign 2005 ; SAP Business ByDesign 2008