How To Fix BCA_CC004 - Exchange rate type 'M' is used

BCA_CC004 - Overview

• Message type: E = Error

• Message class: BCA_CC - Currency Swap Messages

• Message number: 004

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

Self-Explanatory Message

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To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

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Smart SAP Assistant

• What is the cause and solution for SAP error message BCA_CC004 - Exchange rate type 'M' is used ?

  The SAP error message BCA_CC004 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 area of currency conversion or financial transactions. This error can occur in various modules, including Financial Accounting (FI) or Controlling (CO).
  
  Cause:
  
  Exchange Rate Configuration: The exchange rate type 'M' may not be properly configured in the system. This could mean that the rates are missing for the relevant currency pair or that the rates are not maintained for the required date.
  Transaction Context: The transaction you are trying to execute 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).
  Currency Settings: The currencies involved in the transaction may not be set up correctly in the system, leading to issues when trying