How To Fix GLE_MCA220 - No rate types found for company code &1

GLE_MCA220 - Overview

• Message type: E = Error

• Message class: GLE_MCA - Multicurrency Accounting

• Message number: 220

• Message text: No rate types found for company code &1

What causes this issue?

The system tried to determine the exchange rate type from MCA
customizing for company code &SYST-MSGV1& which was not successful.

System Response

The process cannot continue.

How to fix this error?

In IMG activity
<DS:SIMG.FAGL_MCA_VPRCCATP>Maintain Parameters for Process Categories
</> , maintain the required exchange rate types for the functional
currency, 1st non-functional currency and 2nd non-functional currency
for process categories MEJ and MES and the MCA variant assigned to
company code &SYST-MSGV1& .

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message GLE_MCA220 - No rate types found for company code &1 ?

  The SAP error message GLE_MCA220, which states "No rate types found for company code &1," typically occurs in the context of financial transactions, particularly when dealing with currency conversion or foreign currency valuations. This error indicates that the system cannot find any defined rate types for the specified company code, which is necessary for processing transactions involving different currencies.
  
  Cause:
  
  Missing Rate Types: The most common cause is that no exchange rate types have been defined for the specified company code in the system.
  
  Configuration Issues: There may be issues in the configuration settings related to currency translation or valuation.
  Incorrect Company Code: The company code specified in the transaction may not be set up correctly or may not exist in the system.
  Data Inconsistencies: There could be inconsistencies in the master data or configuration that prevent the system from retrieving the necessary rate types.
  
  
  Solution:
  
  
  Define Rate Types:
  
  Go to the SAP Customizing Implementation Guide (SPRO).
  Navigate to