How To Fix GK180 - Exchange rate type &1 in ledger &2 is not allowed

GK180 - Overview

• Message type: E = Error

• Message class: GK - Messages for SAP Consolidation

• Message number: 180

• Message text: Exchange rate type &1 in ledger &2 is not allowed

What causes this issue?

A bad exchange rate type has been assigned to the ledger.

System Response

Cancel

How to fix this error?

Please check the ledger's settings in Customizing.

Error message extract from SAP system. Copyright SAP SE.

GK180 - Details

• The SAP error message GK180, which states "Exchange rate type &1 in ledger &2 is not allowed," typically occurs in the context of financial transactions involving foreign currency exchange rates. This error indicates that the specified exchange rate type is not permitted for the specified ledger in the system configuration.
  
  Cause:
  
  Configuration Issue: The exchange rate type specified in the transaction is not configured for the ledger in question. This could be due to missing settings in the configuration of the ledger or the exchange rate types.
  Incorrect Exchange Rate Type: The exchange rate type being used may not be valid for the specific transaction or ledger.
  Ledger Settings: The ledger may have specific settings that restrict the use of certain exchange rate types.
  
  
  Solution:
  
  
  Check Configuration:
  
  Go to the SAP Customizing Implementation Guide (SPRO).
  Navigate to Financial Accounting (New) > General Ledger Accounting (New) > Setup > Define Exchange Rate Types.
  Ensure that the exchange rate type you