How To Fix GLE_MCA648 - No MCA key relevant for process category IFX assigned to account &1 &2

SAP Error Message - Details

• Message type: E = Error

• Message class: GLE_MCA - Multicurrency Accounting

• Message number: 648

• Message text: No MCA key relevant for process category IFX assigned to account &1 &2

What causes this issue?

The system has encountered a document line representing an implicit FX
transaction with a G/L account that has no IFX-relevant MCA key assigned
to it. That is, the account either has no MCA key assigned, or an MCA
key that is not assigned to a process type of process category IFX.

System Response

The system cannot perform further derivations and it cannot derive a
position account for this account. Processing of the corresponding
company code is terminated.

How to fix this error?

Maintain the MCA key in Customizing activity
<DS:SIMG.FI_GL_MD_FS00_DC>Edit G/L Account centrally</>

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_MCA648 - No MCA key relevant for process category IFX assigned to account &1 &2 ?

  The SAP error message GLE_MCA648 indicates that there is no MCA (Multi-Currency Accounting) key assigned to the specified account for the process category IFX (Intercompany Foreign Exchange). This error typically arises in the context of financial transactions involving foreign currency and intercompany processes.
  
  Cause:
  
  Missing MCA Key: The primary cause of this error is that the account specified in the error message does not have an MCA key assigned for the process category IFX. This means that the system does not know how to handle foreign exchange transactions for this account.
  
  Configuration Issues: There may be issues in the configuration of the MCA settings in the SAP system, particularly related to the account or the process category.
  Account Type: The account type may not be set up to handle intercompany transactions or foreign currency transactions.
  
  
  Solution:
  
  
  Assign MCA Key:
  
  Go to the configuration settings in SAP (Transaction Code: SPRO).
  Navigate to the section for Financial Accounting (FI) and