How To Fix BCA_CC002 - Exchange rate type 'M' is used

SAP Error Message - Details

• Message type: E = Error

• Message class: BCA_CC - Currency Swap Messages

• Message number: 002

• Message text: Exchange rate type 'M' is used

What causes this issue?

No exchange rate type could be determined for bank area &1 and currency
&2. Exchange rate type 'M' is used instead.

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?

You can maintain the exchange rate type for the currency swap in view
V_TBCA_IHCCC.

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 BCA_CC002 - Exchange rate type 'M' is used ?

  The SAP error message BCA_CC002 indicates that there is an issue related to the exchange rate type 'M' (which stands for "Average Rate") being used in a specific context, typically in the context of currency conversion or financial transactions. This error often arises in the context of bank accounting or when dealing with foreign currency transactions.
  
  Cause:
  
  Exchange Rate Type Configuration: The exchange rate type 'M' may not be properly configured in the system. This could be due to missing or incorrect exchange rate entries in the system for the relevant currency pair.
  Transaction Type: The transaction you are trying to process may not support the exchange rate type 'M', or it may require a different exchange rate type (e.g., 'B' for "Bank Buying Rate" or 'G' for "Bank Selling Rate").
  Date Issues: The exchange rate for the date of the transaction may not be available. If the system cannot find a valid exchange