How To Fix CPE240 - Conversion rule &1 does not support currency conversion

CPE240 - Overview

• Message type: E = Error

• Message class: CPE - Commodity Pricing Engine

• Message number: 240

• Message text: Conversion rule &1 does not support currency conversion

What causes this issue?

Conversion Rule &V1& was chosen for Conversion Place &V2&. This
Conversion Place is used for converting currencies. However, no Exchange
Rate Type was maintained for Conversion Pule &V1&.

System Response

Conversion Rule &V1& cannot be used for Conversion Place &V2&.

How to fix this error?

Choose a Conversion Rule from the F4 help.

Procedure for System Administrators

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

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message CPE240 - Conversion rule &1 does not support currency conversion ?

  The SAP error message CPE240, which states "Conversion rule &1 does not support currency conversion," typically occurs in the context of currency conversion in SAP systems, particularly when dealing with financial transactions or reporting. Here’s a breakdown of the cause, potential solutions, and related information:
  
  Cause:
  
  Invalid Conversion Rule: The conversion rule specified in the transaction or configuration does not support currency conversion. This could be due to the rule being designed for other types of conversions (e.g., unit of measure) rather than currency.
  
  Configuration Issues: The currency conversion settings in the system may not be properly configured. This includes missing or incorrect settings in the currency conversion types or rules.
  Data Entry Errors: There may be an error in the data entry where an incorrect conversion rule is referenced.
  Missing Master Data: The necessary master data for the currency conversion (like exchange rates or currency types) may be missing or not maintained.
  
  
  Solution:
  
  Check Conversion Rule: