56743 - No exchange rate setting from &1 to &2

SAP Error Message - Details

• Message type: E = Error

• Message class: 56 - HR TRAVEL: Messages for Trip Costs Dialog

• Message number: 743

• Message text: No exchange rate setting from &1 to &2

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.

What else can you do?

First, use our AnswerBot below to get a possible cause and solution (requires a premium subscription).

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.

You can also try searching the SAP support portal (support.sap.com) but you need a special user ID to access it. It is possible that an SAP support note exists that provides additional details about the mistake or even steps for fixing it.

Smart SAP Assistant

• What is the cause and solution for SAP error message 56743 - No exchange rate setting from &1 to &2 ?

  The SAP error message "56743 No exchange rate setting from &1 to &2" typically occurs when there is an attempt to convert currency from one currency to another, but the system cannot find a defined exchange rate for the specified currency pair. Here, &1 represents the source currency, and &2 represents the target currency.
  Cause:
  
  Missing Exchange Rate: The primary cause of this error is that there is no exchange rate defined in the system for the currency pair you are trying to use.
  Incorrect Currency Configuration: The currencies involved may not be properly configured in the system.
  Date Issues: The exchange rate may not be valid for the date of the transaction. Exchange rates can be date-specific, and if the rate is not maintained for the date in question, this error can occur.
  Currency Type: The currency type being used may not have an exchange rate defined.
  
  Solution:
  
  
  Maintain Exchange Rates:
  
  Go to the transaction code OB08 (or use the menu path: SAP Easy Access -> Accounting -> Financial Accounting -> General Ledger -> Master Data -> Currencies -> Maintain Exchange Rates).
  Check if there is an exchange rate defined for the currency pair (from &1 to &2). If not, you will need to enter the appropriate exchange rate.
  Ensure that the exchange rate is valid for the date of the transaction.
  
  
  
  Check Currency Configuration:
  
  Ensure that both currencies are correctly configured in the system. You can check this in the transaction code OB22 (for currency types) to see if the currencies are set up correctly.
  
  
  
  Review Transaction Date:
  
  Verify that the transaction date falls within the range of dates for which the exchange rate is valid. If the exchange rate is only valid for certain dates, you may need to adjust the transaction date or maintain the exchange rate for the required date.
  
  
  
  Currency Type:
  
  Ensure that the currency type being used in the transaction is the one for which the exchange rate is maintained.
  
  
  
  Related Information:
  
  Transaction Codes:
  
  OB08: Maintain Exchange Rates
  OB22: Define Currency Types
  OBBS: Maintain Exchange Rate Types
  
  
  Documentation: Refer to SAP Help documentation for more details on currency management and exchange rate maintenance.
  User Authorization: Ensure that you have the necessary authorizations to maintain exchange rates in the system.
  
  By following these steps, you should be able to resolve the error message and ensure that the necessary exchange rates are in place for your transactions.