How To Fix O4142 - Daily currency rules chosen: the other fields have to be blank

O4142 - Overview

• Message type: E = Error

• Message class: O4 - IS-Oil: MAP message pool

• Message number: 142

• Message text: Daily currency rules chosen: the other fields have to be blank

What causes this issue?

You have selected the daily currency rules. Therefore the other fields
highlighted on the screen are not required.

System Response

The system requires the currency rules to be correctly defined before
you can complete the definition of the formula.

How to fix this error?

If you still want to use the daily currency rules, then ensure that the
following fields are blank:
time unit of measure reference date
offset period before
exclude event date indicator period after
date from date to
no rate handling currency weekend rule
currency non-posted days
Otherwise, define that you want to use the average currency rules
instead, in which case it is necessary to define the fields listed
above.

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message O4142 - Daily currency rules chosen: the other fields have to be blank ?

  The SAP error message O4142, which states "Daily currency rules chosen: the other fields have to be blank," typically occurs in the context of currency settings in SAP, particularly when dealing with currency translation or exchange rate settings in financial modules.
  
  Cause:
  This error arises when you attempt to configure daily currency rules in SAP, but other related fields that should remain blank are filled in. The system expects that if you are using daily currency rules, certain fields (like monthly or yearly currency rules) must not contain any values. This is to ensure that the system can correctly apply the daily exchange rates without conflicting with other currency settings.
  
  Solution:
  To resolve this error, you should:
  
  
  Check Currency Settings: Navigate to the relevant configuration settings for currency translation or exchange rates in your SAP system. This is typically found in the Financial Accounting (FI) or Controlling (CO) modules.
  
  
  Clear Conflicting Fields: Ensure that if you