3211896 - Rate Type Should Be AVG(Average) for INC(|Income) and EXP(Expense) Account Types

An SAC Model using Currency Rates shows the following error on the Account Dimension:

"Rate Type Should Be AVG(Average) for INC(|Income) and EXP(Expense) Account Types"

The corresponding Currency Rate Table shows Conversion Errors:

"The Rate Type column is missing from your model. To fix the issue, go to the model preferences and enable the Currency Conversion option"

SAP Analytics Cloud 2022.08 and higher

Currency Conversion, The Rate Type column is missing from your model , KBA , LOD-ANA-ML-CAL , Calculation Management , Problem