How To Fix IHC248 - External rate types are used for external payments

SAP Error Message - Details

• Message type: E = Error

• Message class: IHC - IHC Messages

• Message number: 248

• Message text: External rate types are used for external payments

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message IHC248 - External rate types are used for external payments ?

  The SAP error message IHC248, which states "External rate types are used for external payments," typically occurs in the context of the SAP Intercompany Financial Management (IHC) module. This error indicates that there is an issue with the configuration of external payment processing, particularly regarding the use of external rate types.
  Cause:
  
  Incorrect Configuration: The error often arises when the system is configured to use external rate types for payments that should be processed internally. This can happen if the settings for currency conversion or payment processing are not aligned with the intended use of external rates.
  Missing or Incorrect Rate Type: The rate type defined for the payment may not be appropriate for the transaction, leading to the system rejecting the payment.
  Transaction Type Mismatch: The transaction type being processed may not support the external rate type being used.
  
  Solution:
  
  
  Check Configuration: Review the configuration settings in the SAP system for the IHC module. Ensure that the rate types used for external payments are correctly defined and that they align with the intended payment processing.
  
  Navigate to the configuration settings for currency conversion and payment processing in the IHC module.
  Verify that the correct rate types are assigned to the relevant payment methods and transaction types.
  
  
  
  Adjust Rate Types: If the external rate type is not appropriate for the transaction, consider changing it to an internal rate type or a different external rate type that is valid for the payment being processed.
  
  
  Review Payment Documents: Check the payment documents that are causing the error. Ensure that they are set up correctly and that the currency and rate type used are appropriate for the transaction.
  
  
  Consult Documentation: Refer to SAP documentation or help resources for specific guidance on configuring external payments and rate types in the IHC module.
  
  
  Testing: After making changes, perform tests to ensure that the error no longer occurs and that payments can be processed successfully.
  
  
  Related Information:
  
  SAP Notes: Check for any relevant SAP Notes that may address this specific error or provide additional guidance on configuration.
  SAP Community: Engage with the SAP Community forums to see if other users have encountered similar issues and what solutions they have found.
  Training and Documentation: Consider reviewing training materials or documentation related to the IHC module and external payment processing to ensure a thorough understanding of the configuration requirements.
  
  If the issue persists after following these steps, it may be beneficial to consult with an SAP expert or your organization's SAP support team for further assistance.