1P293 - ++ Exchange Rate: [&1]

SAP Error Message - Details

• Message type: E = Error

• Message class: 1P - BCA: Payment Transactions

• Message number: 293

• Message text: ++ Exchange Rate: [&1]

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 1P293 - ++ Exchange Rate: [&1] ?

  The SAP error message 1P293, which relates to exchange rates, typically indicates that there is an issue with the exchange rate configuration in the system. The message usually states something like "Exchange Rate: [&1]" where [&1] represents the specific currency pair or exchange rate that is causing the issue.
  Cause:
  
  Missing Exchange Rate: The exchange rate for the specified currency pair may not be defined in the system.
  Invalid Exchange Rate: The exchange rate may be invalid or not applicable for the date of the transaction.
  Date Issues: The exchange rate may not be valid for the date of the transaction, possibly due to the rate being set for a different period.
  Currency Configuration: There may be issues with the configuration of the currencies involved, such as missing currency types or incorrect settings.
  
  Solution:
  
  
  Check Exchange Rate Configuration:
  
  Go to the transaction code OB08 (Maintain Exchange Rates) in SAP.
  Verify if the exchange rate for the specified currency pair exists and is correctly defined.
  If it is missing, you can add the required exchange rate.
  
  
  
  Validate Dates:
  
  Ensure that the exchange rate is valid for the date of the transaction. If the transaction date is outside the range of valid exchange rates, you may need to add or adjust the rates accordingly.
  
  
  
  Review Currency Settings:
  
  Check the configuration of the currencies involved in the transaction. Ensure that both currencies are properly set up in the system.
  
  
  
  Consult Documentation:
  
  If you are unsure about the correct exchange rates or configurations, consult the SAP documentation or your organization's finance team for guidance.
  
  
  
  Testing:
  
  After making changes, test the transaction again to ensure that the error is resolved.
  
  
  
  Related Information:
  
  Transaction Codes: 
  
  OB08: Maintain Exchange Rates
  OBBS: Display Exchange Rates
  OB07: Define Exchange Rate Types
  
  
  Currency Types: Ensure that the currency types (e.g., transaction currency, local currency) are correctly defined in your financial settings.
  SAP Notes: Check for any relevant SAP Notes that may address specific issues related to exchange rates or this error message.
  
  If the issue persists after following these steps, it may be beneficial to consult with your SAP support team or a functional consultant who specializes in financial modules.