How To Fix KK698 - Do not enter both an exchange rate and an exchange rate date/type

KK698 - Overview

• Message type: E = Error

• Message class: KK -

• Message number: 698

• Message text: Do not enter both an exchange rate and an exchange rate date/type

What causes this issue?

You have changed the exchange rate and the exchange rate date and/or
the exchange rate type at the same time.

System Response

The system cannot convert the currency.

How to fix this error?

Enter either just the exchange rate or just the exchange rate
date and/or type.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message KK698 - Do not enter both an exchange rate and an exchange rate date/type ?

  The SAP error message KK698, which states "Do not enter both an exchange rate and an exchange rate date/type," typically occurs in the context of financial transactions or postings where currency conversion is involved. This error indicates that the system has detected conflicting information regarding the exchange rate and its associated date/type.
  
  Cause:
  The error arises when a user attempts to enter both an exchange rate and an exchange rate date/type in a transaction where only one of these inputs is required. In SAP, when you specify an exchange rate, the system expects that you are using a fixed rate for the transaction. Conversely, if you provide an exchange rate date/type, the system will look up the exchange rate based on that date/type from the exchange rate tables.
  
  Solution:
  To resolve this error, you should ensure that you are only entering one of the following:
  
  Exchange Rate: If you want to use a specific exchange