1K805 - Bank Area &1, Acct. &2, Balance Series &3,DocNo.&4. No rate found

SAP Error Message - Details

• Message type: E = Error

• Message class: 1K - BCA: Account Type

• Message number: 805

• Message text: Bank Area &1, Acct. &2, Balance Series &3,DocNo.&4. No rate found

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

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AnswerBot

• What is the cause and solution for SAP error message 1K805 - Bank Area &1, Acct. &2, Balance Series &3,DocNo.&4. No rate found ?

  The SAP error message "1K805 Bank Area &1, Acct. &2, Balance Series &3, DocNo. &4. No rate found" typically occurs in the context of financial transactions, particularly when dealing with foreign currency transactions or bank accounting. This error indicates that the system could not find a valid exchange rate for the specified bank area, account, balance series, and document number.
  Cause:
  
  Missing Exchange Rate: The most common cause of this error is that there is no exchange rate defined for the currency pair involved in the transaction for the relevant date.
  Incorrect Configuration: The bank area or account may not be properly configured to handle foreign currency transactions.
  Date Issues: The transaction date may fall outside the range of valid exchange rates.
  Currency Type: The currency type used in the transaction may not have a corresponding exchange rate defined.
  
  Solution:
  
  
  Check Exchange Rates:
  
  Go to the transaction code OB08 (Maintain Exchange Rates) in SAP.
  Verify that there is an exchange rate defined for the currency pair involved in the transaction for the relevant date.
  If not, you may need to enter the appropriate exchange rate.
  
  
  
  Review Bank Area and Account Configuration:
  
  Ensure that the bank area and account are correctly set up to handle foreign currency transactions.
  Check the configuration in the relevant financial modules (e.g., FI, CO) to ensure that they are set up correctly.
  
  
  
  Adjust Transaction Date:
  
  If the transaction date is outside the range of valid exchange rates, consider adjusting the transaction date to a date for which an exchange rate exists.
  
  
  
  Currency Type Verification:
  
  Ensure that the currency type used in the transaction is correctly defined and has an exchange rate available.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or consult with your SAP support team for any specific configurations or settings that may be required for your organization.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OB08 (Maintain Exchange Rates), FB03 (Display Document), and FBL1N (Vendor Line Item Display) to investigate the issue further.
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  User Authorization: Ensure that you have the necessary authorizations to view and maintain exchange rates and financial configurations.
  
  If the issue persists after following these steps, it may be beneficial to engage with your SAP support team or a consultant who specializes in SAP Financials for further assistance.