How To Fix GC542 - Currency translation key 3 and 4 not supported by the GL System

GC542 - Overview

• Message type: E = Error

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

• Message number: 542

• Message text: Currency translation key 3 and 4 not supported by the GL System

What causes this issue?

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

System Response

Currency translation keys 3 and 4 are used within consolidation;
General Ledger does not support these currency translation keys.

How to fix this error?

Possible currency translation keys within General Ledger are:
(0,1,2,5,6,9).
Please refer to the help text of the field 'Currency translation
keys' for more information.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message GC542 - Currency translation key 3 and 4 not supported by the GL System ?

  The SAP error message GC542 indicates that there is an issue with the currency translation keys 3 and 4 in the General Ledger (GL) system. This error typically arises when there is an attempt to perform currency translation using keys that are not supported or configured in the system.
  
  Cause:
  
  Unsupported Currency Translation Keys: The error occurs when the system tries to use currency translation keys 3 or 4, which are not defined or supported in the configuration of the GL system.
  
  Configuration Issues: The currency translation keys may not be properly set up in the system, or the necessary settings for currency translation may be missing.
  Incorrect Document Type: The document type being processed may not be compatible with the currency translation keys being used.
  
  
  Solution:
  
  
  Check Configuration:
  
  Go to the transaction code OB08 to check the exchange rate types and ensure that the currency translation keys are correctly defined.
  Verify the settings for currency translation in