How To Fix GLE_AL_BA1_F4_MSG016 - Exchange rate types already mapped to market data area &1, see long text

SAP Error Message - Details

• Message type: E = Error

• Message class: GLE_AL_BA1_F4_MSG - Messages for GL Enhancement: Currency Conversion

• Message number: 016

• Message text: Exchange rate types already mapped to market data area &1, see long text

What causes this issue?

Exchange rate types are already mapped to market data area &V1&.

System Response

Processing is cancelled.

How to fix this error?

Use market data area &V1& or delete the exchange rates types mapping
from market data area &V1& with IMG activity
<DS:SIMG./BA1/V_TF4_FXKST>Map Exchange Rate Category to Exchange Rate
Type</>.

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 GLE_AL_BA1_F4_MSG016 - Exchange rate types already mapped to market data area &1, see long text ?

  The SAP error message GLE_AL_BA1_F4_MSG016 indicates that there is an issue with the mapping of exchange rate types to a specific market data area. This error typically arises in the context of financial transactions or when dealing with foreign currency valuations in SAP.
  
  Cause:
  The error occurs when you attempt to map an exchange rate type to a market data area that has already been mapped to another exchange rate type. This can happen due to:
  
  Duplicate Mapping: The exchange rate type you are trying to assign is already associated with the specified market data area.
  
  Configuration Issues: There may be incorrect or incomplete configuration settings in the system related to exchange rate types and market data areas.
  Data Integrity Issues: There might be inconsistencies in the data that prevent the system from allowing the mapping.
  
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Existing Mappings:
  
  Go to the configuration settings for exchange rate types