1K807 - Bank Area: &1 Account: &2 Hold: &3 currency conversion failed

SAP Error Message - Details

• Message type: E = Error

• Message class: 1K - BCA: Account Type

• Message number: 807

• Message text: Bank Area: &1 Account: &2 Hold: &3 currency conversion failed

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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Also, review the in-depth Common Questions & Answers listed below; you could discover a solution there or be able to connect with others who have faced similar challenges.

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AnswerBot

• What is the cause and solution for SAP error message 1K807 - Bank Area: &1 Account: &2 Hold: &3 currency conversion failed ?

  The SAP error message 1K807 indicates that there is a problem with currency conversion related to a specific bank area, account, and hold. This error typically arises in the context of financial transactions where currency conversion is required, such as when dealing with foreign currency transactions or when processing payments.
  Cause:
  The error can be caused by several factors, including:
  
  Missing Exchange Rate: The exchange rate for the currency pair involved in the transaction may not be defined in the system.
  Invalid Currency Pair: The currencies involved may not be compatible or recognized by the system.
  Date Issues: The exchange rate may not be valid for the date of the transaction. Exchange rates can be time-sensitive, and if the rate is not available for the specific date, the conversion will fail.
  Configuration Issues: There may be configuration issues in the bank area or account settings that prevent proper currency conversion.
  Data Entry Errors: Incorrect data entry in the transaction could lead to issues with currency conversion.
  
  Solution:
  To resolve the error, you can take the following steps:
  
  
  Check Exchange Rates:
  
  Go to the transaction code OB08 to check if the exchange rates for the relevant currency pair are maintained.
  Ensure that the exchange rate is valid for the date of the transaction.
  
  
  
  Verify Currency Configuration:
  
  Check the configuration settings for the bank area and account in the relevant customizing transactions (e.g., OBY6 for bank area settings).
  Ensure that the currencies involved are correctly configured.
  
  
  
  Review Transaction Data:
  
  Double-check the transaction data for any errors or inconsistencies, especially the currency codes and amounts.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources for any specific notes related to currency conversion issues.
  
  
  
  Contact Support:
  
  If the issue persists after checking the above points, consider reaching out to your SAP support team or consulting SAP Notes for any known issues or patches related to this error.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as OB08 (Maintain Exchange Rates), OBY6 (Define Bank Area), and FB50 (General Ledger Account Document Entry) for troubleshooting.
  SAP Notes: Search for SAP Notes related to currency conversion issues or the specific error message for additional guidance.
  User Forums: Consider checking SAP community forums or user groups for similar issues and solutions shared by other users.
  
  By following these steps, you should be able to identify and resolve the cause of the error message 1K807 in SAP.