How To Fix GU204 - Enter exchange rate type for reference exchange rate

GU204 - Overview

• Message type: E = Error

• Message class: GU - FI-SL utilities

• Message number: 204

• Message text: Enter exchange rate type for reference exchange rate

What causes this issue?

The exchange rate type is missing for the reference exchange rate.

System Response

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

How to fix this error?

Enter the desired exchange rate type in the input screen.

Error message extract from SAP system. Copyright SAP SE.

GU204 - Details

• The SAP error message GU204, which states "Enter exchange rate type for reference exchange rate," typically occurs when you are trying to maintain or process exchange rates in the system, but the required exchange rate type has not been specified.
  
  Cause:
  
  Missing Exchange Rate Type: The most common cause of this error is that the exchange rate type has not been defined in the transaction you are trying to execute.
  
  Configuration Issues: There may be issues in the configuration settings related to currency and exchange rates in the SAP system.
  Transaction Context: The transaction you are using may require an exchange rate type that is not set up or is not applicable for the current context.
  
  
  Solution:
  To resolve the GU204 error, you can follow these steps:
  
  
  Specify Exchange Rate Type:
  
  When you are in the transaction that triggered the error, look for a field where you can enter the exchange rate type. Make sure to enter a