How To Fix UCF6130 - Method &1: The transaction types for currency translation are required

UCF6130 - Overview

• Message type: E = Error

• Message class: UCF6 - Messages for Consolidation of Investments

• Message number: 130

• Message text: Method &1: The transaction types for currency translation are required

What causes this issue?

You need to specify the transaction types for currency translation in
method &V1&. Currently, one or more transaction types for currency
translation have not been specified.
Note: Before you can specify the transaction types, you need to have
defined a financial statement item for the original cost, and values for
the valuation allowances item.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Specify a value for each transaction type for currency translation.

Procedure for System Administrators

Error message extract from SAP system. Copyright SAP SE.

Smart SAP Assistant

• What is the cause and solution for SAP error message UCF6130 - Method &1: The transaction types for currency translation are required ?

  The SAP error message UCF6130, which states "Method &1: The transaction types for currency translation are required," typically occurs in the context of currency translation processes in SAP, particularly when using the Universal Journal or when dealing with financial reporting and consolidation.
  
  Cause:
  This error usually arises due to one of the following reasons:
  
  
  Missing Configuration: The transaction types required for currency translation have not been defined in the system. This can happen if the necessary settings in the configuration for currency translation are incomplete or missing.
  
  
  Incorrect Settings: The settings for the currency translation method may not be correctly configured, leading to the system being unable to find the required transaction types.
  
  
  Data Issues: There may be issues with the data being processed, such as missing or incorrect entries that prevent the system from executing the currency translation.
  
  
  
  Solution:
  To resolve the UCF6130 error, you can follow these steps:
  
  
  Check Configuration:
  
  Go to the SAP Customizing Implementation Guide