Exchange Rate Translation

Hi Everyone,
Is there config somewhere where you stipulate that you want to use the invoice date for translation date rather than the posting date? Right now, our invoices are translated based upon posting date but users want that changed to Invoice date. If this exists, would this change also effect all other entries, such as those through MIRO, FI, CO, etc.? What about those entries such as journals (FB50) which do not have invoice date, only posting and doc dates?
Thanks,
Pete

Hi
Please refer to [SAP Note 1127464|https://websmp130.sap-ag.de/sap(bD1lbiZjPTAwMQ==)/bc/bsp/spn/sapnotes/index2.htm?numm=1127464]. This will resolve your problem, however remember this constitutes change in standard program and as per the Note SAP will not provide support if any problem occurs in future.
Award points if found useful.
Regards
[Virendra Malik|http://www.linkedin.com/pub/6/b53/549]
Edited by: Virendra Malik on Nov 5, 2008 9:04 AM

Similar Messages

Exchange rate translation logic for FI and CO

Dear FI gurus
I have question about exchange rate setting.
- Controlling area currency: USD
- Object currency/Company code currency: JPY
- Transaction currency : JPY
- Inverted exchange rate indicator : deactivated.
(So, exchange rate is maintained by each country's subsidiary)
In this case, according to SAP's help,
- Controlling area currency: Converted from Transacton currency(EUR) to Controlling area currency(USD)
- Object currency: Converted from Controlling area currency(USD) to Transaction currency(JPY)
This means that if transaction currency is JPY100, object currency is NOT JPY100, right?
(Because cross rate reference is deactivated and JPY->USD and USD->JPY is different rate)
On the other hand, in FI(OB22), I setup Group Currency which is USD.
In FI, translation logic can be selected whether "From transaction currency" or "From first local currency".
But still different logic from CO side.
So, it seems GL and Controlling area has different translation logic.
How normally global companies manage it?
Yoshi

Dear Yoshi-san,
For a global company, e.g. COMPANY ABC (head office in the USA) has different legal entities in different countries (Japan, Singapore) where the local currencies are different. In my opinion below set up is normal.
Controlling Area ABC
                Assuming all companies (ABC, DEF, GHI) are assigned to controlling area ABC.
Controlling area currency (for controlling area ABC) : USD
COMPANY ABC (Head office)
         Company code currency : USD
         Object currency : USD
    2. COMPANY DEF (Japan entity)
        Company code currency : JPY
        Object currency : JPY
    3. COMPANY GHI (Singapore entity)
        Company code currency : SGD
        Object currency : SGD
Let say for Japan entity, a document of JPY100 (transaction currency or document currency) has been posted. The amount in company code currency is JPY100; amount in object currency will be JPY100; amount in controlling area currency will be USD0.99. (maintain exchange rate table: 100 JPY = 0.99 USD).
If another document of EUR100 (transaction currency or document currency) has been posted. Then the amount in company code currency is JPY 13,800 (maintain exchange rate table 1 EUR = 138 JPY; amount in object currency will be JPY 13,800; amount in controlling area currency will be USD136. (maintain exchange rate table: 1 EUR = 1.36 USD).
As for the third document of USD100 (transaction currency or document currency) has been posted. Then the amount in company code currency is JPY 10,100 (maintain exchange rate table 1 USD = 101 JPY; amount in object currency will be JPY 10,100; amount in controlling area currency will also be USD100, no translation is required.
Kind regards,
John Chin

Fix Exchange Rate Translation

Hi,
Legal Requirement
We have a statuary requirement where one Company Code needs to use the local Fix Exchange Rate that is provided by the local national bank.
AS-IS Scenario
The thing is that, for the Company Code Currency, the Exchange Rate Type is defaulted to "M" (in OB22). This one is updated daily by our global bank interface.
Because of that, we created an new local "Exchange Rate Type" and tried to do an substitution rule.
The rule did actually worked in the sense the changed the info from the field BKPF-KUTY2 for the Exchange Rate Type that we wanted.
Problem
The poblem is that the calculation of the actual amount (field BSEG-DMBTR) continues to be based on ER "M" and not our local one...
Is there any way to get around this ?
Best Regards,
Brno

Hi,
Keep 0 % Max.exch.rate dev. for your company code in following path:
SPRO---> Financial accounting (NEW) ->Financial accounting global settings>Global Parameter for Company code->Currencies->Maximum Exchange Rate Difference---> Define Maximum Exchange Rate Difference per Company Code
Also keep 0 % Max.exch.rate dev. for two currencies in above path with Define Maximum Exchange Rate Difference per Foreign Currency
Regards,
Biju K

Exchange rate should pick as per document date of GRN in MIGO

Dear all,
As per my client requirement while doing Material GRN in MIGO, system should fetch exchange rate as per Document date of the GRN.
As per standard now it is picking from posting date.
we already implemented Note number 574583. After implementation of this note system picking document date for MIRO and normal FI Documents(f-02) bur not for MIGO.
So suggest me how can we get document date as exchange rate translation date for MIGO
Note: Before posting this, i have searched for solution in SCN but i didn't get solution any where.
Regards
kishore

Hi Amitesh,
Finally i am able to fulfill my client requirement with the help of you and SAP support. I have used SAP Note number 619330 and few configuration steps.
Thanks for your support and points has been given.

IPI - No exchange rate indicator

Hi,
I was trying to execute IPI from consolidation monitor. I got error message stated that no exchange rate indicator for Balanca Sheet Items for period 2007/001.
The IPI design involved only local currency hence i don't need an exchange rate translation.
Pls advise. Many Thanks
Regards, Renee

Just a flexibility to use the type or indicator.
As you correctly mentioned, indicator is linked to a particular type.
It's simply easier to use several indicators comparing with potentially several hundreds of types.

Exchange rate not updated with posting date, translation date updated

Hi,
I have the follwoing problem in F110. Currency documents are posted with exchange date of the docuemnt entry date. Translation date is updated with Posting date, just exchange rate is not updated. the systems calculates according entry date. Why entry date is one day before the date of posting, I cannot understand. The system takes the exchage date from entry date, which is one day before (docuemnt, posting and translation date)
Thank you,
Desimira

Hello,
This means, that the exhange rate is missing your local currency vs USD in the system. Your Business Partner or any of items you are adding to the invoice is using USD (price list or customer is in USD).
My tip is some of the items has USD price set or USD Purchase price used.
DO the following:
Check the POsting date of your invoice
Go to Administration -> Exhnage rate, and locate the posting date and USD from the matrix, and enter the rate.
Post your invoice.
it will work
Regards
János.

Help with MIRO Badi's and Translation Date (Exchange Rate Date Reference)

Dear experts
This is a problem I have read a lot about, but none of the answers work properly and I wanted to create a new thread in order to try to compile a final answer for this problem (at least in version 6.0)
As you know Standar SAP uses posting date as translation date in MIRO for foreign currency.
This is not always true (imagine Crude Imports with 3 dates: Invoice date, posting date and Bill of Lading date. The last one happens to be the fiscal date for exchange rate in my county and the other two are also mandatory).
I am proposing thus to use 3 dates: Document date as invoice date; posting date as posting date and Invoice Receipt Date
(REINDAT - RBKP) as Bill of Lading date. I would like to implement this third date as translation date.
Lot of ways to do it, but none works properly as for the end user it is complicated to enter data in a certain way so that BADI's work properly. I have implemented note 574583 and only works with some restrictions.
I have also used some more BADI's like MRM_HEADER_CHECK, FI_TRANS_DATE_DERIVE, INVOICE_UPDATE,... and all of them have some restrictions (depending always in data header taps data introduction or saving the exchange rate properly in MM TABLES but not in FI TABLES).
I would really appreciate if anyone could help with this, ensuring that the Badi get's always the data and makes it work with no screen selection dependance.
Thanks in advance.

Dear All,
I have found the solution with the help of ABAPer. The system has a bug for which SAP has given a Sap Note no 22781.
Actually what happened in the Invoice is, the system by default fetched the exchange rate for the Exchange Rate Type 'M' for the rate last maintained. Since we were using different Exchange rate it did not match. Also we came to know about the difference only because off-late the users had stopped updating Exchange Rate 'M' .
The funny part is in the Invoice if we click on each tab at the header and come back to the first tab where we find the Exchange rate for accounting, the system picks up the actually rate as per the Exchange Rate maintained.
Regards,
Karthik.

Exchange rate types with referency currencies in BW currency translations

Hello Guru's:
Will BW currency translation keys utilize 'reference currency' functionality on exchange rate types? I want to translate between two currencies (CNY to HKD) that don't have a direct rate, but both have rates for USD.
I have:
- exchange rate type BU10 defined with USD as reference currency
- exchange rates for BU10 with relevant validity dates entered from CNY to USD and from HKD to USD.
- exchange rate factors for BU10 relevant validity dates entered for CNY to USD, HKD to USD, USD to CNY, and USD to HKD.
- a currency translation key defined taking source currency from transactional data (0CURKEY_LC), exchange rate type from a variable, target currency from a variable, and time reference as end of 0FISCPER.
The translation from CNY and HKD to USD works, as does translation from USD to either HKD or CNY, but not CNY to HKD or vise versa. So I wonder whether BW currency translation keys can even use the reference currency concept. Or maybe there are constraints on translation key configuration that must be observed to make them work for this situation.
Kind regards,
Aron

I solve it after using RSRT to debug the currency translation. The must be an additional entry in TCURF for the source and target currencies, not just for the source currency to reference currency and reference currency to the target currency. In my example from the original post, an entry from CNY to HKD is required.
Edited by: Aron Weaver on Oct 21, 2010 11:15 PM

Translation date for exchange rate type 'M'

Hello friends,
How do I change the translation date for an exchange rate type, for a particular company code?
My client wants the translation date for the exchange rate type 'M' to be document date instead of posting date. It is required as per Romanian Law of land.
Regards,
Mike

Mike,
I assumed your question is for an additional local currency for a company code (this can be changed in OB22). For the first local currency, the translation date type in OB22 is always set to 3 (Translation Date) and cannot be changed (hence, greyed out). Following that, in accounting entry transactions (for example FB01), you will see a field (Translation Date) where you can specify a date for which you want the system to fetch exch. rate from the exch. rate table. In your situation, you will have to enter 'document date' there.
PS: The reply above by Ravi applies only to tax items' translation, not for all items. He is basically talking about the indicator that you see in OBY6.

Currency translation with user defined exchange rates in a BEx report

Hi guys,
our business department requests a new functionality in our BW system. They want to simulate a currency translation in a BEX report. But this currency translation should be so flexible, that the user can change the exchange rates directly in the report.
For example: The report should show a list of all our local company revenues. In the first column the plan revenues will be shown in the local currency (each company has its own local currency: USA->USD; Japan->YPN, Great Britain->GBP and so on). This revenues comes from a normal infoprovider, loaded via flat-file.
In the second column the user should be able to enter or change a plan currency rate. The entered exchange rates should be stored in BW for a next use. They won't maintain the rates directly in TCURR, because this rates are only for simulation use !
In the third column the translated Revenues in Euro currency has to be shown under the use of the exchange rates from the second column.
I investigated a lot of time in the SAP help and here in the SDN, but I didn't find any solution to realize this. Is there generally a possibility to make a currency translation with exchange rates out of the TCURR? Would it be an option to use the integrated planning function of BW? Or is this requirement to far away for an simple implementation in SAP BI ?
I hope, someone of you has also fixed a similar problem or has a good inspiration.
Thank you in advance.
Thomas

thanks for the prompt reply!
Unfortunately, exchange rates are not a part of my cube. They are held in different tables, and referenced depending on what kind of exchange rates I need to be looking at (average rates, daily, planning etc.). The only way for me, at the moment, to know which rates have been used is to go to query global view, and look at the type of conversion, and then try to figure things out. Plus there can be a different key date used in the query, which makes things more complicated.
Anyway, it was worth asking
Thanks again.

BPC 7.5 NW - Exchange Rates & Currency Translation

Hello All,
I have a couple of questions regarding the BPC currency translation process.
1. We have two options to store the exchange rates - either as a direct quote or as an indirect quote. How are the exchange rates stored in the BPC system?
2. We have a property called "MD" in the InputCurrency dimension, which is used as a 'factor' in the currency translation process. I would like to know how this property is used, in conjunction with the direct/indirect method of maintaining the exchange rates.
As always, thanks for all your responses.
Best regards,
Van.

Thanks for the response. I do realize that we can enter the exchange rates either via a flat file or an Input Schedule, and also how the "MD" factor is utilized in the currency translation process.
I will try to rephrase my questions, as below:
1. In ECC, we have the option to maintain the exchange rates either as a direct rate or an indirect rate. Similary, I would like to know how the exchange rates are "_stored_" in the BPC system - as indirect quotations or direct quotations.
2. In addition, I would also like to know how the "MD" property in the InputCurrency dimension should be maintained. In other words, let us say that the exchange rates are stored as direct quotes. How do we maintain the "MD" property in the inputcurrency dimension for this exchange rate - M or D?
Hope my questions are a bit more clear now.
Appreciate all your responses.

Currency Translation with dynamic exchange rates

Hi Gurus,
i want to know if its possible to translate currencies
with dynamic exchange rates. If so how ?
Example :
By selecting values from February to April the exchange
rates should be :
exRate Feb + exRate Mar + exRate Apr / 3
corresponding exchange rates for every month / number of month.
Does anyone have an idea ?
Thanks alot in advance.
Ali

Hi Deepu,
could you explain in more detail how to do it. The paper
is not really enough for me
regards
ali

Sales order takes Translation date for exchange rate calculation

Hi
I am creating the debit memo request via DP91 with reference to the contract. In the debit memo request pricing date has been set as current date but transaltion date has set the contract transaltion date. Debit Memo request document currency is EURO, local currency is GBP and condtion currency is CHF.
In this scinerio in order exchange rate has been calculated against the transation date insted of pricing date.
Can you please advise why the system behaving like this.
Thanks & regards,
Siva.

Mike,
I assumed your question is for an additional local currency for a company code (this can be changed in OB22). For the first local currency, the translation date type in OB22 is always set to 3 (Translation Date) and cannot be changed (hence, greyed out). Following that, in accounting entry transactions (for example FB01), you will see a field (Translation Date) where you can specify a date for which you want the system to fetch exch. rate from the exch. rate table. In your situation, you will have to enter 'document date' there.
PS: The reply above by Ravi applies only to tax items' translation, not for all items. He is basically talking about the indicator that you see in OBY6.

Message no. SG028 Ambiguous... exchange rate relation

Hi Friends,
I have a free of charge order. While doing the Post Goods Issue step, I am getting the following error message
Ambiguous EUR/USD exchange rate relations
Message no. SG028
I have searched in the forum and made sure that in transaction OB08 Exchange Rate EUR/US and USD/EUR (Exchange Rate Type M) has maintained properly in the system.
I have also made sure that the entries are properly maintained in SPRO - General Settings - Currencies - Define Translation Ratios for Currency Translation.
But still the error is coming, I saw in one thread, some one has reported the same problem even after maintaining the exchange rates in OB08, but no solution was suggested as far as I check. could anyone please give some inputs why the same error coming even though the exchange rates are maintained and how to fix this issue as I stuck in Post Goods Issue step
Thank you

Hi Christian,
Thanks for your time.
I've found the below entries in OBBS
M   USD    EUR     01.01.1900        100 : 1
M   EUR    USD     01.01.1900         1    : 100
Alternative currency is blank in both entries
In OB07 for exchange rate Type M all the fields (Ref. currency, Buy and Sell rate) and the check boxes are blank. it is still unclear for me being a logistics guy
While doing Post Goods Issue in other scenario I didnt have any error where currency GBP EUR invovled. In this case the OBBS entries EUR/GBP as below
M   GBP    EUR     01.01.2000        1 : 1
M   EUR    GBP     01.01.2000        1 : 1
Alaternative currency is blank in this case as well.
Does the valid from date or the ratio make any difference?
I could not clarify with my FI consultant as he is on vacation. Could you please let me know how to fix it.
Thank you

GR and IR exchange rate

Hi,
In my PO. the exchange rate, say, 7.80188 and there is no tick of exch rate fixed in PO header.
During GR, another exchange rate, say, 7.90000.
During IR, despite different translation date, but why exchange rate still the same as per GR which is 7.90000?
May I know if GR and IR would be using the GR exchange rate so that GR and IR can be cleared completely?
Thanks

Hi,
If Exchange rate fix indicator is not set in the PO then at the time of GR the exchnage rate will be pick up from the value which is maitain in OB08 transaction, as there is difference in exchange rate in PO and GR but GR na d IR exchange rate is same this may be you have done GR and IR in the same period for which the exchange rate is same check with OB08 along with the validity period, also user cam manully put the exchange rate in MIRO check that too.
regards,
zafar
Edited by: zafar karnalkar on Nov 4, 2011 5:49 AM

Exchange Rate Translation

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