ASKB, message SG 105: "Enter rate EUR /SKK rate type & for 00.00.0000.."

Question

Hi all,
I have an error when i run ASKB transaction, the system displays error message SG 105: "Enter rate EUR /SKK rate type & for 00.00.0000 in the system settings".
The exchange rate table has been maintained correctly in the system.
We are using a local exchange rate type N, M and EURX
We have the following additional currencies in the system:
10    Company code currency                        Currency   EUR   
0     Legal valuation                                               
M     Standard translation at average rate                          
1     Translation taking transaction currency as a basis            
3     Translation date                                                                               
40    Hard currency                                Currency   SKK   
      Legal valuation                                               
N     Natiaonal bank exchange rate                                  
1     Translation taking transaction currency as a basis            
1     Document date                                                                               
50    Index-based currency                         Currency   EUR   
      Legal valuation                                               
N     Natiaonal bank exchange rate                                  
1     Translation taking transaction currency as a basis            
1     Document date                                                 
Could you please help me on that?
Thanks in advance
Regards!

Answer 1

Hello,
This is not the place where you should look into. You looking at the parallel currencies maintained in the system.
However, you have to look for exchange rates are being matained between two currencies.
Either you can maintain a direct quote or an indirect quote.
Please go to transaction code OB08
Some important notes for your information:
Currency Key must be assigned to every currency used. Most of the currencies are
Already defined in the SAP system with standard international currency keys.
For every combination of two currencies, you can maintain different exchange rates
Which are distinguished by an exchange rate type.
Exchange Rate Types are:
Historical Rate
Bank Selling Rate
Bank Buying Rate
Average Rate
the rate on certain key dates
u2026u2026
Translation Ratios: The relationship between currencies must be maintained per
Exchange rate type and currency pair using translation ratios. E.g., 1 USD = 1 GBP
Or 1 USD = 100 JPY.
There are two types of Quotations available in SAP:
Direct Quotation
Indirect Quotation
In Direct Quotation, one unit of foreign currency is quoted for the local
Currency, where as in indirect quotation, one unit of local currency is
quoted for the foreign currency.
Direct Quotation: 1 USD = 44 INR
One unit of foreign currency USD costs the displayed number of units of local currency
Indirect Quotation: 1 INR = 0.02273 USD
For one unit of the local currency INR you will receive the displayed number of units
  of foreign currency.
You are looking at the following place: (This may have performance problems, unless it is a critical business requirement)
You can maintain two parallel currencies in additional to local currency or
Company Code Currency. You can select two currencies from the
following currencies:
Group currency
Group currency is the currency which is specified in the client table or
which is to be entered there.
Hard Currency
Hard currency is a country-specific second currency which is used in
countries with high inflation.
Index-based currency
Index-based currency is a country-specific fictitious currency
which is required in some countries with high inflation for external
reporting (for example, tax returns).
Global company currency
Global company currency is the currency which is used for an internal trading partner.
Maintaining the two parallel currencies would highly impact the system performance as
the system is preparing additional two ledgers, besides the normal ledger.
Thanks,
Ravi