/ATL/ASSET098 - USD exchange rate date & does not exist; create one

SAP Error Message - Details

• Message type: E = Error

• Message class: /ATL/ASSET -

• Message number: 098

• Message text: USD exchange rate date & does not exist; create one

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 /ATL/ASSET098 - USD exchange rate date & does not exist; create one ?

  The SAP error message /ATL/ASSET098 typically indicates that there is no exchange rate available for the specified currency on the given date. This error often arises in the context of asset accounting or financial transactions where currency conversion is necessary.
  Cause:
  
  Missing Exchange Rate: The primary cause of this error is that the exchange rate for the specified currency (in this case, USD) does not exist for the date being referenced in the transaction.
  Incorrect Date: The date being used may be incorrect or not aligned with the available exchange rates.
  Configuration Issues: There may be issues with the configuration of the currency settings in the SAP system.
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Exchange Rate Table:
  
  Go to transaction code OB08 in SAP.
  Check if there is an exchange rate defined for USD on the date in question. If not, you will need to create one.
  
  
  
  Create Exchange Rate:
  
  If the exchange rate does not exist, you can create it by:
  
  Selecting the appropriate currency pair (e.g., USD to your local currency).
  Entering the date and the exchange rate value.
  Saving the entry.
  
  
  
  
  
  Verify Date:
  
  Ensure that the date being used in the transaction is correct and matches the date for which the exchange rate is being sought.
  
  
  
  Review Configuration:
  
  If the issue persists, review the configuration settings related to currency and exchange rates in your SAP system to ensure everything is set up correctly.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or help resources for additional guidance on managing exchange rates and currency settings.
  
  
  
  Related Information:
  
  
  Transaction Codes:
  
  OB08: Maintain exchange rates.
  OBA1: Define exchange rate types.
  OBBS: Maintain exchange rate types for foreign currency valuation.
  
  
  
  Exchange Rate Types: Ensure that you are using the correct exchange rate type for your transactions, as different types may have different rates.
  
  
  Currency Settings: Review the currency settings in your company code to ensure they are configured correctly.
  
  
  By following these steps, you should be able to resolve the /ATL/ASSET098 error and ensure that the necessary exchange rates are available for your transactions.