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Message type: E = Error
Message class: SG - Global Pool for Cross-Application Developments
Message number: 124
Message text: Specify a reference currency
You set the flag <LS>Exchange rate type uses special translation model
</>. This means that you have to enter a reference currency.
Error message
Enter a reference currency or delete the flag.
Error message extract from SAP system. Copyright SAP SE.
SG124
- Specify a reference currency ?The SAP error message SG124, which states "Specify a reference currency," typically occurs in the context of financial transactions or reporting where a currency needs to be defined for the operation being performed. This error can arise in various modules, including Financial Accounting (FI) or Controlling (CO), when the system requires a reference currency to process a transaction or generate a report.
Cause:
- Missing Currency Specification: The transaction or report you are trying to execute requires a reference currency, but it has not been specified in the relevant fields.
- Configuration Issues: The system may not be properly configured to handle the currencies involved in the transaction.
- Transaction Type: Certain transaction types may inherently require a reference currency to be defined.
- User Settings: User-specific settings or defaults may not include a reference currency.
Solution:
- Specify a Reference Currency: When prompted by the error message, ensure that you enter a valid reference currency in the designated field. This could be a local currency, a group currency, or any other currency relevant to the transaction.
- Check Configuration: Review the configuration settings in the SAP system to ensure that the necessary currencies are defined and that the system is set up to handle them correctly. This may involve:
- Checking the company code settings for currency definitions.
- Ensuring that the currency types are correctly assigned in the relevant configuration areas (e.g., controlling area, company code).
- Review Transaction Settings: If you are using a specific transaction code, check the documentation or help files to see if there are any prerequisites regarding currency specifications.
- User Profile Settings: Verify your user profile settings to ensure that a default reference currency is set up, if applicable.
Related Information:
By addressing the cause of the error and following the suggested solutions, you should be able to resolve the SG124 error and proceed with your transaction or reporting task.
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