How To Fix SG124 - Specify a reference currency

SG124 - Overview

• Message type: E = Error

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

• Message number: 124

• Message text: Specify a reference currency

What causes this issue?

You set the flag <LS>Exchange rate type uses special translation model
</>. This means that you have to enter a reference currency.

System Response

Error message

How to fix this error?

Enter a reference currency or delete the flag.

Error message extract from SAP system. Copyright SAP SE.

SG124 - Details

• 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