How To Fix SG041 - Indirectly quoted exchange rate expected for this currency pair

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 041

• Message text: Indirectly quoted exchange rate expected for this currency pair

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.

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Smart SAP Assistant

• What is the cause and solution for SAP error message SG041 - Indirectly quoted exchange rate expected for this currency pair ?

  The SAP error message SG041, which states "Indirectly quoted exchange rate expected for this currency pair," typically occurs in the context of foreign currency transactions. This error indicates that the system is expecting an indirect exchange rate for a specific currency pair, but it is not available or not configured correctly.
  
  Cause:
  
  Currency Pair Configuration: The currency pair you are trying to use may not have the correct exchange rate type configured. SAP supports both direct and indirect exchange rates, and if the system expects an indirect rate but only a direct rate is available, this error will occur.
  Missing Exchange Rate: The exchange rate for the specific currency pair may not be maintained in the system.
  Incorrect Currency Settings: The settings for the currencies involved may not be correctly defined in the system, leading to confusion about how the rates should be interpreted.
  Transaction Type: The type of transaction being processed may require a