How To Fix ACE_S4122 - You haven't configured conversion of currency type &1 for &2/ &3.

SAP Error Message - Details

• Message type: E = Error

• Message class: ACE_S4 - Messages for S/4HANA Accrual Engine

• Message number: 122

• Message text: You haven't configured conversion of currency type &1 for &2/ &3.

What causes this issue?

The error occurs because the currency type &V1& hasn't been configured
for the currency conversion in company code &V2& ledger group &V3&.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Configure the currency type in
<DS:SIMG.FINSVC_LEDGER>Define Settings for Ledgers and Currency Types
</>.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message ACE_S4122 - You haven't configured conversion of currency type &1 for &2/ &3. ?

  The SAP error message ACE_S4122 indicates that there is an issue with the configuration of currency conversion for a specific currency type in a particular context (e.g., a company code or a controlling area). This error typically arises when the system attempts to perform a currency conversion but cannot find the necessary configuration for the specified currency type.
  Cause:
  The error occurs due to one or more of the following reasons:
  
  Missing Configuration: The currency type specified in the error message has not been configured for the relevant company code or controlling area.
  Incorrect Currency Type: The currency type being used may not be valid or may not have been set up correctly in the system.
  Missing Exchange Rates: There may be no exchange rates defined for the currency type in the specified time frame.
  Inconsistent Settings: There may be inconsistencies in the settings related to currency conversion in the system.
  
  Solution:
  To resolve the ACE_S4122 error, you can follow these steps:
  
  
  Check Currency Type Configuration:
  
  Go to the configuration settings in SAP (Transaction code: SPRO).
  Navigate to the relevant section for currency settings (e.g., Financial Accounting or Controlling).
  Ensure that the currency type specified in the error message is configured for the relevant company code or controlling area.
  
  
  
  Define Exchange Rates:
  
  Ensure that exchange rates for the currency type are defined in the system.
  You can check this using Transaction code: OB08 (Maintain Exchange Rates).
  Make sure that the exchange rates are valid for the date range you are working with.
  
  
  
  Review Currency Type Settings:
  
  Verify that the currency type is correctly defined and is being used in the appropriate context (e.g., in financial documents, reports, etc.).
  
  
  
  Check for Inconsistencies:
  
  Review any recent changes made to the currency settings or related configurations that might have led to this issue.
  Ensure that all related settings are consistent and correctly configured.
  
  
  
  Consult Documentation:
  
  If you are unsure about the configuration steps, refer to SAP documentation or consult with your SAP Basis or Finance team for assistance.
  
  
  
  Testing:
  
  After making the necessary changes, test the transaction or process that triggered the error to ensure that it has been resolved.
  
  
  
  Related Information:
  
  Transaction Codes: Familiarize yourself with relevant transaction codes such as SPRO (Customizing), OB08 (Exchange Rates), and others related to currency configuration.
  SAP Notes: Check for any SAP Notes related to currency conversion issues or the specific error message for additional guidance or patches.
  User Roles: Ensure that you have the necessary authorizations to make changes to currency configurations in the system.
  
  By following these steps, you should be able to identify and resolve the cause of the ACE_S4122 error in your SAP system.