How To Fix RQ124 - Error during currency translation (see long text)

RQ124 - Overview

• Message type: E = Error

• Message class: RQ - Messages for Cash Management and Forecast

• Message number: 124

• Message text: Error during currency translation (see long text)

What causes this issue?

It was not possible to translate an amount into another currency. The
first attempt was to translate from planning currency &V1& into display
currency &V2&.
As an error occurred during this attempt, the system then tried to
translate via the local currency. An error then occurred in the
translationr from &V3& to &V4&.
The system used the average rate, unless you specified a different rate
type in the selection parameters.

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?

Make the missing entry in the exchange rate table.

<DS:TRAN.OB08>Proceed</>
ENDIF

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 RQ124 - Error during currency translation (see long text) ?

  The SAP error message RQ124, which indicates "Error during currency translation," typically occurs during the process of currency conversion in financial transactions or reporting. This error can arise due to various reasons, and understanding the cause is essential for resolving it.
  Causes of RQ124 Error
  
  
  Missing or Incorrect Exchange Rates: The most common cause is that the required exchange rates for the currencies involved are missing or not maintained in the system.
  
  
  Currency Type Issues: The error may occur if the currency type (e.g., transaction currency, local currency, or group currency) is not correctly defined or is inconsistent.
  
  
  Date Issues: If the exchange rate is not valid for the date of the transaction or reporting period, this can lead to errors.
  
  
  
  Configuration Issues: Incorrect configuration in the currency translation settings or in the financial module can also lead to this error.
  
  
  Data Integrity Issues: Problems with the underlying data, such as missing or incorrect entries in