Exchange rate type not defined for country

[Former Member]

Hi All,

I have noticed an error message during testing of postings using tax codes. The error message nbr is FF802 (Exchange rate type is not defined for country XX). When we are testing postings on accounts for which tax code is ignored (not relevant) it is ok. Could you please let me know where exactly we have settings and how it is related to the tax codes ? I have never seen that connection previously.

Thanks,

Points will be rewarded afterwards.

Tomasz

[Former Member · Accepted solution]

Hi Tomasz,

The exchange rate types are defined at country level in General Settings and the company codes with that country can access that. Normally the exchange rate types are defined as M, P, B and G. M is for average rate and is used in FI, while P is for planning in CO.

Regd

Bharat

[Former Member]

I am sorry this is not relevant answer

[Former Member]

Go to IMG- General settings-currencices- exchange rate types

Here u maintain the exchange rate types

[Former Member]

In the next step u need to main the translation ratios for the currency translation.

Only then u will be in a position to maintain the exchange rates.

All the three steps are to be maintained one after the other.

[Former Member]

Hey,

Please read my question carefully. I know where to maintain exchange rate types but i do not know where it is assigned to country like NZ (New Zealand) and why posting is ok when i'm using accounts for which tax is not needed and when i have tax codes it is red message as i wrote above...

Thanks again,

Tomasz

[Former Member]

Hi,

I am facing exactly the same error, could you please share the solution with me..

Vinay

[Former Member]

I found the solution....thx...Vinay

[former_member834630]

Hi Tomasz,

I was also facing a similar issue, Can you please share the what you have done to get resolve it?

Issue: I was getting below error message when I enter a tax code. I don't see any error message if there is not tax code.

No exchange rate type defined for country/region MX

Message no. FF802

Appreciated your earliest response,

Thanks,

Ram

[Neeraj_Jain]

Hello Ramesh,

I seen this is 2007 thread. If you not received any response on it then my suggestion to post a new thread for your query.

Regards,

Neeraj Jain

[rajeshshyam]

in OY01 TCODE, please maintain exch.rate. type as M temporarily. 

[rajeshshyam]

in OY01 TCODE, please maintain exch.rate. type as M temporarily.