How To Fix ID_FICN011 - For EUR amounts, only rate type EURX is used for conversion

ID_FICN011 - Overview

• Message type: E = Error

• Message class: ID_FICN -

• Message number: 011

• Message text: For EUR amounts, only rate type EURX is used for conversion

What causes this issue?

The selected open items for accounts payable or receivable include
amounts in euros, and you have not specified to use the historical
exchange rate (the exchange rate on the document date of the open items)
to convert the amounts to Chinese yuan. In this case, regardless of
which exchange rate type you might have entered in the selection, the
system only uses the exchange rate type <ZH>EURX</> to convert the
amounts from euros to Chinese yuan.
For more information about the exchange rate type <ZH>EURX</>, see SAP
Note 123819.

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?

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

ID_FICN011 - Details

• The SAP error message ID_FICN011 indicates that when dealing with EUR amounts, only the exchange rate type "EURX" is permitted for currency conversion. This error typically arises in scenarios involving currency conversion in financial transactions, such as during the posting of documents or when executing reports that involve currency amounts.
  
  Cause:
  The error occurs because the system is trying to use an exchange rate type other than "EURX" for converting amounts in EUR. The "EURX" rate type is specifically designated for transactions involving Euro amounts, and using a different rate type violates the system's rules for currency conversion.
  
  Solution:
  To resolve this error, you can take the following steps:
  
  
  Check Exchange Rate Type: Ensure that the exchange rate type being used in your transaction or report is set to "EURX". You can do this by reviewing the configuration or settings in the transaction where the error occurred.
  
  
  Adjust Configuration: If you are a system administrator or