How To Fix KH312 - Currency translation key & is not allowed here

KH312 - Overview

• Message type: E = Error

• Message class: KH - CO-PA Reporting

• Message number: 312

• Message text: Currency translation key & is not allowed here

What causes this issue?

More than two simultaneous currency translation keys based on daily
rates is not supported.
&sYSTEM_RESPONSE&
The third translation based on a daily rate was not performed.

How to fix this error?

Choose another translation key (on a weekly, period or yearly basis or
based on a specific day's rate) or reload the original currency. If you
do the latter, you can use the third translation key.

Error message extract from SAP system. Copyright SAP SE.

KH312 - Details

• The SAP error message KH312 ("Currency translation key & is not allowed here") typically occurs in the context of controlling (CO) or financial accounting (FI) when there is an issue with the currency translation key being used in a particular transaction or configuration. This error indicates that the currency translation key specified is not valid for the context in which it is being used.
  Causes:
  
  Invalid Currency Translation Key: The currency translation key specified may not be defined in the system or may not be applicable for the specific transaction or report.
  Incorrect Configuration: The configuration settings for currency translation in the controlling area or company code may not be set up correctly.
  Incompatible Currency Types: The currency types involved in the transaction may not be compatible with the specified currency translation key.
  Missing Master Data: The necessary master data (like exchange rates or currency settings) may be missing or incorrectly maintained.
  
  Solutions:
  
  Check Currency Translation Key: