How To Fix RTC_CT_01304 - Currency translation indicator &1 does not exist

RTC_CT_01304 - Overview

• Message type: E = Error

• Message class: RTC_CT_01 - Real consolidation - currency translation

• Message number: 304

• Message text: Currency translation indicator &1 does not exist

Self-Explanatory Message

Since SAP believes that this specific error message is 'self-explanatory,' no more information has been given.The majority of messages in the SAP system have a message text, however this is frequently insufficient to comprehend or resolve the problem.

To make things easier, more detailed information is frequently added to describe the issue, how to fix it, and the necessary steps or configuration modifications.

Unfortunately, there isn't any extra information in this error notice.

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Smart SAP Assistant

• What is the cause and solution for SAP error message RTC_CT_01304 - Currency translation indicator &1 does not exist ?

  The SAP error message RTC_CT_01304 indicates that the currency translation indicator specified in your transaction or configuration does not exist in the system. This error typically arises during processes that involve currency translation, such as financial reporting or data processing in SAP.
  
  Cause:
  
  Non-Existent Currency Translation Indicator: The currency translation indicator you are trying to use has not been defined in the system.
  Incorrect Configuration: There may be a typo or incorrect entry in the configuration settings where the currency translation indicator is specified.
  Missing Customization: If your organization has specific currency translation requirements, the necessary customization may not have been implemented.
  
  
  Solution:
  
  
  Check Configuration:
  
  Go to the relevant configuration area in SAP (usually under Financial Accounting or Controlling).
  Navigate to the section for currency translation indicators and verify if the indicator you are trying to use exists.
  If it does not exist, you may need to create it.
  
  
  
  Create Currency Translation Indicator:
  
  If the indicator is missing, you can create