How To Fix M8_2042 - Exchange rate and currency copied from contract &1

M8_2042 - Overview

• Message type: E = Error

• Message class: M8_2 - Logistics Invoice Verification

• Message number: 042

• Message text: Exchange rate and currency copied from contract &1

What causes this issue?

A fixed exchange rate has been defined in the entered contract. For this
reason, you can only use the currency and exchange rate agreed in the
contract when posting.

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?

If you see this message on the initial screen:
The system has overwritten the currency and exchange rate with the
agreed currency and exchange rate from the contract. You cannot make
changes.
If you see this message after choosing <LS>New Item</> -> <LS>Contract
</>:
Since you can no longer change the exchange rate during processing, this
contract cannot be selected for this document. You must cancel selection
and process the invoice item for this contract separately in its own
document.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message M8_2042 - Exchange rate and currency copied from contract &1 ?

  The SAP error message M8_2042 typically occurs in the context of materials management or purchasing when there is an issue with the exchange rate or currency settings copied from a contract. This error indicates that the exchange rate or currency used in the transaction does not match the expected values based on the contract.
  
  Cause:
  
  Currency Mismatch: The currency in the contract does not match the currency in the purchase order or other related documents.
  Exchange Rate Issues: The exchange rate for the currency pair may not be maintained in the system for the relevant date.
  Contract Validity: The contract may not be valid for the date of the transaction, leading to discrepancies in currency or exchange rates.
  
  Configuration Issues: There may be configuration issues in the currency settings or exchange rate types in the SAP system.
  
  
  Solution:
  
  
  Check Currency Settings:
  
  Verify that the currency in the contract matches the currency in the purchase order or transaction.
  If there