How To Fix SG031 - Enter only a price or an indirect exchange rate

SAP Error Message - Details

• Message type: E = Error

• Message class: SG - Global Pool for Cross-Application Developments

• Message number: 031

• Message text: Enter only a price or an indirect exchange rate

What causes this issue?

You have entered both a direct and an indirect exchange rate type for a
pair of exchange rates.

System Response

The system expects you to enter one exchange rate type.

How to fix this error?

Delete one of the entries.

Procedure for System Administrators

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 SG031 - Enter only a price or an indirect exchange rate ?

  The SAP error message SG031 ("Enter only a price or an indirect exchange rate") typically occurs in the context of currency conversion or pricing in SAP, particularly when dealing with foreign currency transactions. This error indicates that the system expects either a direct price or an indirect exchange rate, but not both.
  Cause:
  
  Incorrect Input: The user may have entered both a price and an indirect exchange rate in the same transaction, which is not allowed.
  Configuration Issues: There may be issues with the configuration of currency settings in the SAP system.
  Data Entry Errors: Users might mistakenly input values in the wrong fields or formats.
  
  Solution:
  
  Check Input Fields: Ensure that you are entering either a price or an indirect exchange rate, but not both. Review the fields where you are entering data and correct any mistakes.
  Review Transaction Type: Make sure that the transaction type you are working with supports the type of pricing or exchange rate you are trying to use.
  Consult Documentation: Refer to SAP documentation or help files for guidance on the specific transaction you are working with to understand the expected input.
  Configuration Review: If the issue persists, consult with your SAP administrator or technical team to review the configuration settings related to currency and pricing in your SAP system.
  Testing: If you have made changes, test the transaction again to ensure that the error has been resolved.
  
  Related Information:
  
  SAP Notes: Check SAP Notes for any known issues or patches related to this error message.
  Transaction Codes: Familiarize yourself with the relevant transaction codes that may be involved in currency conversion or pricing (e.g., FB60 for vendor invoices, MIRO for invoice verification).
  User Training: Ensure that users are trained on how to correctly enter pricing and exchange rates in SAP to avoid this error in the future.
  
  If the problem continues after following these steps, it may be beneficial to reach out to SAP support for further assistance.