How To Fix 06175 - With local currency, exchange rate must be set to 1.00000

SAP Error Message - Details

• Message type: E = Error

• Message class: 06 -

• Message number: 175

• Message text: With local currency, exchange rate must be set to 1.00000

What causes this issue?

The currency of the document is the same as the local currency, but the
exchange (translation) rate entered is not 1.

How to fix this error?

INCLUDE NA_EINGABE_PRUEFEN LANGUAGE EN

Error message extract from SAP system. Copyright SAP SE.

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• What is the cause and solution for SAP error message 06175 - With local currency, exchange rate must be set to 1.00000 ?

  The SAP error message 06175, which states "With local currency, exchange rate must be set to 1.00000," typically occurs in the context of currency conversion or when dealing with transactions that involve local currencies. This error indicates that the system expects the exchange rate for the local currency to be set to 1.00000, which is standard practice since the local currency does not require conversion.
  Cause:
  
  Incorrect Exchange Rate Configuration: The exchange rate for the local currency is not set to 1.00000 in the system.
  Transaction Entry Error: When entering a transaction, the system may have detected an incorrect exchange rate for the local currency.
  Currency Settings in Master Data: The currency settings in the master data (such as vendor or customer master records) may not be configured correctly.
  
  Solution:
  
  
  Check Exchange Rate Configuration:
  
  Go to the transaction code OB08 (Maintain Exchange Rates).
  Verify that the exchange rate for the local currency (usually the currency of the company code) is set to 1.00000.
  If it is not, you can adjust it accordingly.
  
  
  
  Review Transaction Entry:
  
  When entering a transaction, ensure that you are not inadvertently entering an exchange rate for the local currency.
  If you are using a custom program or interface, check the logic to ensure it does not set an exchange rate for the local currency.
  
  
  
  Check Master Data:
  
  Review the master data for the relevant vendor, customer, or other entities to ensure that the currency settings are correct.
  Ensure that the local currency is correctly defined in the master data.
  
  
  
  Consult Documentation:
  
  If the issue persists, consult SAP documentation or your internal SAP support team for further troubleshooting steps.
  
  
  
  Related Information:
  
  Local Currency: This is the currency in which a company operates and records its transactions. It is typically defined at the company code level.
  Exchange Rate: The rate at which one currency can be exchanged for another. For local currency, this rate should always be 1.00000.
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional context.
  
  By following these steps, you should be able to resolve the error message 06175 in SAP. If the problem continues, it may be beneficial to engage with your SAP support team for more in-depth analysis.