When processing any kind of document in foreign currency - for example a supplier invoice in USD - following error message received: "Exchange rate USD/EUR is not maintained".
SAP S/4HANA CLOUD 2002 and above
Reproducing the Issue
- Create New Supplier Invoice
- Add USD as currency (or the foreign currency used)
- Error: Exchange rate USD/EUR is not maintained
This means that currency USD is maintained indirectly
Indirect quotation can be used during postings only if the setting in the SSCUI 102611 - Define Standard Quotation for Exchange Rates is set accordingly for currency pair USD/EUR to "2 Indirect quotation". In this case the rate is currently set to "1 direct quotation".
Generally the direct quotation is maintained into company code/local currency. In this case into EUR: USD/EUR. It is recommended to maintain the exchange rates in USD/EUR.
For details please see the documentation of SSCUI 102611 - Define Standard Quotation for Exchange Rates:
Define Standard Quotation for Exchange Rates
In this step you define the indirect quotation or the direct quotation as the standard quotation for the exchange rate for each currency pair.
You determine whether the exchange rate for this currency pair is entered as follows:
• From currency to currency (1 – direct quotation) -> USD/EUR
• To currency from currency (2 – indirect quotation) -> EUR/USD
quotation for exchange rates, direct quotation, indirect quotation, exchange rate not maintained , KBA , BC-SRV-BSF-CUR , Currency translation / Expiring currencies , Problem