How To Fix GC245 - Currency translation blocked

SAP Error Message - Details

• Message type: E = Error

• Message class: GC - Error Messages for Consolidation/Extended General Ledger

• Message number: 245

• Message text: Currency translation blocked

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

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.

Unfortunately, there isn't any extra information in this error notice.

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Smart SAP Assistant

• What is the cause and solution for SAP error message GC245 - Currency translation blocked ?

  The SAP error message GC245 "Currency translation blocked" typically occurs during the process of currency translation in financial reporting or during the execution of certain transactions that involve currency conversion. This error can arise due to various reasons, and understanding the cause is essential for finding a solution.
  Causes of GC245 Error
  
  
  Currency Translation Settings: The currency translation settings in the system may not be properly configured. This includes settings related to the translation type, exchange rates, or the currency types involved.
  
  
  Missing Exchange Rates: If the required exchange rates for the currencies involved in the transaction are missing or not maintained in the system, the translation process can be blocked.
  
  
  Period Locking: The period for which the currency translation is being attempted may be locked for posting or may not be open for the relevant currency translation.
  
  
  Authorization Issues: The user may not have the necessary authorizations to perform currency translations or access the