How To Fix KH254 - Currency translation using a daily rate is not allowed for & &

SAP Error Message - Details

• Message type: E = Error

• Message class: KH - CO-PA Reporting

• Message number: 254

• Message text: Currency translation using a daily rate is not allowed for & &

What causes this issue?

&V1& &V2& contains no date field by definition in the ABAP/4 Dictionary.

System Response

A currency translation type based on a daily rate
cannot be used for &V1& &V2&.

How to fix this error?

If you wish to translate on a variable time basis, choose another time
variable (period, fiscal year).

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message KH254 - Currency translation using a daily rate is not allowed for & & ?

  The SAP error message KH254 indicates that there is an issue with currency translation in the context of cost accounting, specifically when trying to use a daily exchange rate for a currency translation that is not permitted. This error typically arises in the context of cost center accounting, internal orders, or other controlling areas where currency translations are involved.
  Cause:
  The error message KH254 is triggered when:
  
  Daily Rate Usage: The system is attempting to perform a currency translation using a daily exchange rate, but the configuration does not allow for this. This can happen if the currency translation settings in the controlling area or the specific master data do not support daily rates.
  Configuration Settings: The settings in the controlling area or the currency translation settings for the specific cost object (like cost centers or internal orders) may not be configured to allow daily rates.
  Currency Type: The currency type being used may not be set up to allow daily rates, or the specific transaction may not support it.
  
  Solution:
  To resolve the KH254 error, you can take the following steps:
  
  
  Check Configuration:
  
  Go to the configuration settings for your controlling area in SAP.
  Verify the currency translation settings to ensure that daily rates are allowed for the relevant currency types.
  
  
  
  Review Master Data:
  
  Check the master data for the cost centers, internal orders, or other relevant objects to ensure that they are set up correctly for currency translation.
  Ensure that the currency type used in the transaction is configured to allow daily rates.
  
  
  
  Use Monthly Rates:
  
  If daily rates are not necessary, consider using monthly exchange rates instead. This can often be a simpler solution and may align better with your organization's accounting practices.
  
  
  
  Consult Documentation:
  
  Review SAP documentation or help resources related to currency translation and controlling area settings for more detailed guidance.
  
  
  
  Contact SAP Support:
  
  If the issue persists after checking the configuration and master data, consider reaching out to SAP support for assistance. They can provide more specific guidance based on your system configuration.
  
  
  
  Related Information:
  
  Transaction Codes: You may need to use transaction codes like OKB9 (for currency translation settings) or KS01 (for creating cost centers) to access the relevant configuration areas.
  Currency Types: Familiarize yourself with the different currency types in SAP (e.g., transaction currency, group currency, and controlling area currency) and how they affect currency translation.
  Documentation: SAP Help Portal and SAP Notes can provide additional insights and troubleshooting steps related to currency translation errors.
  
  By following these steps, you should be able to identify the cause of the KH254 error and implement a solution to resolve it.