Direct Quote and Indirect Quote

Hi,
If i m trying to post a transaction in foregin currrency, what difference does it make, if there is direct or indirect exchange rate maintained for that curreny and local currency in OB08 (TCURR)
Thanks
Balla

Hi,
the two methods calculate the rate in two ways (directly & inversely).
In direct quotation, one unit of the foreign currency is converted into equivalent value units of your local currency.  whereas in indirect quotation, one unit of your currency is converted to units of foreign currency.

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