Daily exchange vs Monthly exchange rate Maintanance

HI,
we have roll outs to Italy and spain. Italy uses the daily exchange rate and spian follows the monthly exchange rate ( which is consistant with some other companies in europe). As both have the Same functional currency EUR, is there any way to accomdate Italy will take the daily exchange rate and for Spain - Monthly exchange rate.
what are the ways we can choose or have, Please suggest from your experiences.
Rregards
Rajesh Dhulipalla

Andrew Li,
1.For the first message, please check to your DBA, maybe there is some patches should apply.
2. For the error msg APP-01728: An assignment does not exist for these parameters. Do you use document sequence number ? If Yes, make sure your document sequence has been assigned to proper SOB, and then please check profile option for Sequential Numbering. The Sequential Numbering profile should Partially Used or Always Used.
I hope it will solve your problem
Regards
Mahendra
null

Similar Messages

Daily Exchange rate updation in SAP (GRIR)

Hi,
How to update the daily exchange rate in GRIR account?
Regards,
Ashish Gupta

Hi Ashish
In the standard business practice, the exchange rate of the PO and exchange rate at GR will never remain same. The reason is, suppose you have created PO in Apr and at that time the exchange rate was 44 and after 2 months i.e. in Jun, you received the material and at that time the exchange rate was 47, then as per the accounting standards the inventory should be valuated at exchange rate 47 and not at 44.
Suppose you have posted GR with exchange rate 47 and invoice is posted in the next month at this time the exchange rate was 48. Then in MIRO, you will get the exchange rate differences gain/loss depending upon the exchange rate fluctuations.
In the standard SAP system, without using 'Exchange rate fixed' indicator in PO, you will not get the same exchange rate at GR. You have to use enhancement in GR which will validate the exchange rate maintained in PO with the exchange rate maintained in OB08. But still i think you should go with the standard system.
You can check the below link, it will help you.
Exchange rate difference in goods receipt

No daily exchange rate defined for rate type Corporate

We are entering a transaction in AR for currency XDR (Nav Path in Receivables: Transactions->Transactions; Form Name: ARXTWMAI, FOrm Version: 11.0.62).
The currency XDR is supposed to be IATA Rate related and has nothing to do with Corporate Exchange Rate (i.e. Bank rate). We have IATA Rate and Corporate conversion rate types (Nav Path in Receivables: Setup->Financials->Currencies->Rates->Conversion Type).
While entering the transaction, we get this message:
"FRM-40735: ON-INSERT trigger raised unhanled exception ORA-20000.
ORA-20000: GLMCCURB: There is no daily exchange rate defined from XDR to MUR for MAY-00 for rate type Corporate.
ORA-06512: at "APPS.RA_MRC_CUSTOMER_TRX_BIUD", line 318
ORA-04088: error during exception of trigger 'APPS.RA_MRC_CUSTOMER_TRX_BIUD'
ORA-06512: at "APPS.ARP_PROCESS_HEADER_INSRT_COVER", line 786
ORA-06512: at line 1
APP-01728: An assignment does not exist for these parameters.
Cause: An attempt was made to find a sequence for this document flexfield. The option says Sequential Numbering is only partially used.
Action: None is necessary unless you expected this document flexfield to have a sequence defined."
We checked the Daily Rates from XDR to MUR (Nav Path in Receivables: Setup->Financials->Currencies->Rates->Daily) and it shows only IATA rates, which is correct since XDR is not for Corporate rate type.
What we don't understand is why the error message prompts for an exchange rate to be defined from XDR to MUR for rate type Corporate.
Where is it defined that the transaction should look for rate type Corporate? Should I define it to look for IATA rate type for such kind of transaction?
Can anyone advise. Thanks.

Andrew Li,
1.For the first message, please check to your DBA, maybe there is some patches should apply.
2. For the error msg APP-01728: An assignment does not exist for these parameters. Do you use document sequence number ? If Yes, make sure your document sequence has been assigned to proper SOB, and then please check profile option for Sequential Numbering. The Sequential Numbering profile should Partially Used or Always Used.
I hope it will solve your problem
Regards
Mahendra
null

Issue in picking the daily exchange rate on Inovices.

Hi All,
I am facing a problem with the daily exchange rate on invoices from a particular sales organization. We have an issue when an invoice is cancelled and then reissued. Currently the new invoice is taking the exchange rate from the original invoice which is incorrect, it should be pick a new exchange rate from the day that the new invoice is created.
Are there any configuration settings for this. Where do i need to check.
Would appreciate your help if you could help me.
Thanks,
Mercy

Hi Mercy,
Go to transaction FBZP ->"paying company codes"-> double click the company code and check if the field
"Do not Post any Exchange Rate Differences" is flagged.
"Do not Post any Exchange Rate Differences
Use
Ensures that no exchange rate differences are posted by the payment program.
If the indicator is set, no exchange rate difference posting is generated. The amount in the bank posting in local currency does not result from translating the foreign currency amount at the current rate but from the total of the local currency amounts from the settled items.
If the indicator is not set, the difference between the exchange rate at the time of posting and the exchange rate at the time of payment is determined for items which are posted in foreign currency. The payment program uses the translation rate in the currency table in the system for this purpose.
The exchange rate differences which have been determined are automatically posted for each payment. A valid table rate is used when you post to a bank account or a bank sub-account."
I hope I could be of assistance.
Regards,
Fernando Evangelista

Name of Background job which updated daily Exchange Rates from R/3 to BW

Hi All,
Can anybody tell what is the name of Background job getting executed daily from R/3 to BW for updation of Exchange rates.
Regards,
C.V.

Hi Serigo,
How do I know status whether it has been schduled from R/3 to BW. Can we see job in sm37?
Rgds,
CV
Message was edited by:
C.V. P

Exchange rate maintanance in OB08

Dear All,
In OB08 I have maintained customised exchange rate type as IMP for Imports and EXP for Exports. Whenever an Import PO is created I have want the exchange rate to be picked from IMP Exchange rate type. However system is taking Rate maintained in M by default.
Could you kindly suggest what should be done so that system picks up rate maintained in IMP instead of M while creating Import PO by default.
Regards
Karthikeyan G

Hi,
Double check "Alt. ERT" (Alternate exchange rate type) in OBBS, the suggestion is if exchange rate type IMP is desired then enter IMP in input field under "Alt. ERT" column on the row where exchange rate type 'M' and the corresponding currency pair for e.g. USD:GBP (assuming USD is local currency and GBP is foreign currency) is maintained.
Kind regards,
John Chin

Exchange rate maintanance

Hi All,
I am facing the problem with wrongly maintained exchange rates,now I have maintained from INR to EUR like below
Ex rate:M
Valid from:01.12.2007
Indirect quot:57.25 * 1 INR=Direct quot( )*1 EUR
and
From EUR to INR like below
Ex rate:M
Valid from:01.12.2007
Indirect quot:( ) * 1 EUR=Direct quot(57.25 )*1 INR
Pls check let me know the correct entries
Regards
Raj

this is looks fine.
you should not have problem now

Daily Exchange rates

Is there a way to load exchange rates automatically in Oracle on a dail basis?

Hi Serigo,
How do I know status whether it has been schduled from R/3 to BW. Can we see job in sm37?
Rgds,
CV
Message was edited by:
C.V. P

Exchange Rate determination

Hello Friends,
We have one business requirement related to Exchange rate determination in billing document, and the requirement is -
We have more than 100 company codes across global, in that for particular company codes example A001 (France), A002 (Malaysia) the exchange rate in billing document needs to determine as daily exchange rate which is different from average monthly exchange rate. This rate is only applicable for billing document but nor for any inventory or financial (other than AR) or any other. It means at the company code level, busienss wants to maintain average exchange rate which is needed for other FI postings as explained.
Hence the requirement is, in the billing document I need to determine daily exchange rate instead of averate monthe exchange for revenue postings, and the exchange type for daily exchange is "D".
Is there any standard approach where I can able to determine daily exchange instead of averate monthly....
Thanks to share your inputs
Best Regards,
Goutham

I need to determine daily exchange rate instead of averate monthe exchange
the exchange type for daily exchange is "D".
I never come across this requirement and also on your second comment, I doubt whether in standard, one could see the exchange rate type "D" and I am unable to confirm this as I dont have access to SAP right now. Nevertheless, what I would suggest is that you can create a new exchange rate type in OBO7 and maintain a daily exchange rates in OBO8. Hope this should work.
thanks
G. Lakshmipathi

Accounting exchange rate not picking while running result analysisKKA2

Hi All,
WHile running Result analysis with KKA2 the accounting exchange rate not picking correctly.
When we run the KKA2 from may to sep it is taking may month as default rate and it is extending to june aug,sep instead of seperate exchange rates for each month.
We compared all configurations for this RA key with existed RA key .All the setting are one and the same.in OKG2,OKG3,OKG4,OKG5
PLease help ...
Regards,
Mohan

Hi srikanth,
It is not daily exchange rate.
Actually we copied PS LCR RA key to PS IAS.
PS LCR is working fine and it is picking correctly for the respective months.
Where as In PS IAS it is taking starting month and same continuing for other consecutive months.
Regards,
Mohan

Parallel currencies - Same currency but 2 different exchange rate type -

Hi Expert,
I need your knowledge - I want to create a romanian company with 2 currencies - the first one will be RON company currency with the standard exchange rate type used for all others company of the group (maintained monthly from German National Bank exch.rate)
The second one will be also RON, currency of the trading partner, but with a specific exchange rate type (maintained Daily from the Romania National Bank)
I would like to work in this way to satisfy the group, which need to work with a monthly exchange rate for X reasons, and our Romanian company for which the daily exchange rate is mandatory.
If you have some experience on it, please give a feedback, not in detail (certainly to much work) but at least if I can go on this way or not. if you know a black point in some transaction (I think to the fixed assets, or stock valuation ....) and if you have an advice to have the correct value in RFBILA00 for example.
Thanks a lot for your help
Nathalie

There are many approaches for different exchange rates maintainence.
Here are the information required to process your query.
1. How many company code do you have in your company
2. what is group currency maintained at client level
3. Do you use special ledger or under new gl
4. will you customer allow to deviate from the iso standards of currency maintainence like RON for romanian to ZRO for same romanian currency.
Expecting input for processing your query.
Regards,

Different Exchange rate type is picked while creating PO

Hi All,
We are maintaining daily exchange rates under exchange rate type "M" for currency GBP to INR. We have also maintained exchange rate type "ZCIG" but we are not maintaining daily exchange rates under this exchange rate type.
Still system is promting us to maintain the exchange rate under exchange rate type ZCIG instead of "M" while creating Purchase order. Becoz of this error i could not save the PO.
Please guide me on this issue.
Thanks
Sonal

Hello,
Could you please let me know how you have solved this problem.
I want a particular exchange rates for a particular vendor posting.
Thanks,
Srini

Exchange Rate Field - Frozen in Sales Order Header

Dear Fellows,
Can you please help me on this?
When we enter a standart sales order (J4211) , then in the header side of the order the exchange rate *(USD/TRY)* field comes as frozen and does not give any possibility to modify it. Because , it takes the daily exchange rates from (J00151)table. You cannot change the rate on the order.
The question is : how to enable it to allow the fx rate modification in the order header?
Many thanks in advance...
Regards,
Ozgur

Hi,
Can you please elaborate on what you mean by "picked up wrong exchange rate". Normally in the "Sales" tab in SO header you have a place where you can enter / see the exchange rate.
Regards
Sreekanth.

Fixed Exchange Rate in JE

Hi All,
the "Fixed Exchange Rate" option in Journal Entry doesn't work.
If I check the FER and write an exchange rate, when i write the debit or credit in line JE the system asks me the change of the day and uses this value rather than the value I fixed in FER.
How can I use this option?
I think that this option is important for insert JE with different exchange rate from daily exchange rate!!!!
Thanks
Simona

Hi Simona,
Based on my knowledge, The 'Fixed Exchange Rate' feature in the Journal Entry window has by definition no effect on the amounts in Local, System or Foreign Currency. It is mainly for reporting purposes.
So in case the exchange rate you chose is already defined in exchange rates window for the day, system will compute currency accordingly, not by the rate you entered. When there is no exchange rate predefined, the exchange rates and indexes window will pop up.
If you want to use the fixed exchange rate rather than the exchange rate predefined, you have to change it manually.
To convert currency manually, you will need to have the following setting available.
Journal entry window -> click 'Form settings' icon -> Document -> Table -> Convert amounts according to rate upon exit: -> Untick the check box 'From LC field', 'From FC field'
Hope this explains your question.
Regards, Summer
SAP Business One Forums Team
Edited by: Summer Ding on Jul 2, 2008 3:26 AM

Updating exchange rate

Hi Friends,
Im trying to find a way to update the currency exchange rate when there are some variations.We are initially defining a exchange rate in OB08 ,and planning the data accordingly,but when there is some variation in the exchange rate do we need to update it manually? or can we have any process to update itself.
For example: We create an exchange rate for the date 30-10-09 and plan the data ,and if there is any variation in the exchange rate and if we execute the report after 30-10-09,the report should display the values according to new exchange rate.
Please provide me your valuable answers and help me out in finding a way..
Thank you
Harika

Hi Santosh,
Im also having same problem in updating the exchange rates ,but in my case we are not using daily exchange rates but MTD.
when i tried using this programe it asked for From and To Exchange rates and Changes Since,I gave the values and executed and its showing a short dump..
can u help me with this.
Regards,
Ravikanth

Daily exchange vs Monthly exchange rate Maintanance

Similar Messages

Maybe you are looking for