How To Fix SG118 - No reference currency or inversion is possible for buying/selling rate

SAP Error Message - Details

• Message type: E = Error

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

• Message number: 118

• Message text: No reference currency or inversion is possible for buying/selling rate

What causes this issue?

Currencies are converted using an average exchange rate. A basic
currency, which then also becomes effective for buying and selling rate
conversions, can be specified for this average exchange rate.

System Response

Error message

How to fix this error?

If the buying or selling exchange rate name is correct, do not mark the
inversion, and do not specify a basis currency.
Otherwise reset the buying or selling exchange rate name.

Error message extract from SAP system. Copyright SAP SE.