Exchange Rate Type "EURX"

Hi,
I wonder if some more familiar with this issue and can help educate me on it. In the Enterprise Compensation Function module (and other standard deliver by SAP), HR_ECM_CONVERT_CURRENCY, it is hard code to use exchange rate type "M"
With that, in table TCURR, we maintain type M between all countries.
i.e.: USD to CHF
However, per SAP direction for EURO currency, it is best practice to use exchange rate type "EURX"
i.e.: USD to EUR
So my question is how can compensation module translate when they are hard code to use type "M" and "M" is not maintain between non-EURO and EURO?
Is there a linkage somewhere I do not see. Can someone shed some light into that?

Hi
Check OBBS transaction, have you maintained any alternative Exchange rate types?
regards
Srinivas

Similar Messages

Why exchange rate type "EURX" is used ?

Dear all,
I post with FB65 a document with currency EUR.
The local currency is THB and group currency is CHF.
The document type doesn't have specific exchange rate type ==> by default the type "M" is taken.
But, when I post a document with currency EUR, the system doesn't take the type "M", but the type "EURX".
In this case, I don't want to use "EURX", but I want to use "M".
How can I do ?
Thanks for your help
Best regards

Please check the configuration in OBBS. You would have specified an alternate exch. rate type (EURX) for exch. rate type M for the currency pair in question.
Please refer to the following notes as well.
https://service.sap.com/sap/support/notes/139553
https://service.sap.com/sap/support/notes/123819
PS: OB22 would not tell you anything.

Utilizing different exchange rate type for same currency combination

Hello Gurus,
I wanted to get your opinion/experience in handling the following scenario.
We have company codes in different countries operating using different local currencies. There is alternate exchange rate type EURX defined for Exchange rate type M for many currency combinations due to business requirements. One country with local currency EUR is utilizing EURX SEK - EUR exchange rate combination.
Other country with local currency HUF is making use of exchange rate type MNB as an alternate exchange rate. In one of its transaction, where VAT is being calculated on its foreign transaction, HUF company is trying to seek rate of MNB SEK- EUR where country currency is SEK and document currency is EUR.
But since on the 'translation ratios for currency translation' table EURX being the alternate currency for that particular combination, even when we set MNB SEK EUR exchange rate, the system is obviously picks up EURX rate.
Has anyone come across similar scenario where different countries trying to get different exchange rate types for the same combination of currency? and If so, how would that be possibly handled through config or using something custom?
Thanks all for your replies in advance.
Regards,
Sagar K.

Hi Sagar,
In tcode OBBS, if Alt.exchange rate is used for any currency pair, then that rate is used ( EURX in this case).
All countries in EMU region uses EURX ( which is mostly fixed after introduction of EUR).
If the company is in different countries in Europe, then mostly EUR is used as Alt. exchange rate. which uses EUR as reference currency.
Ther is no country specific settings in std. sap for a currency pair.
Cheers,

Currency conversion with the wrong exchange rate type

Hi,
I need a currency conversion in my bex query. I have defined a currency translation key with a assignment to the exchange rate type "M".
When I check the results in the query it works with exchange rate type "EURX".
Exchange rates are in the TCURR.
Can anyone help me.
Thanks in advance
Jürgen

Hello,
We just had the same issue, and in checking the Currencies: Translation Ratios in transaction OBBS, I noticed that the currency translation key in question was set up with an entry of "EURX" in the "Alt. ERT" column.
I copied the line and created a new entry with a "Valid From" date of the current month, but without the "EURX" Alt. ERT alternate and that seemed to solve it.
Anything entered with a date after the new Valid From date would use the manually entered exchange rate, while anything with a prior date continued to use the EURX rate.
It appears to me that the "Alt. ERT" functions more as an override than an alternate, so if you want the system to actually use the "M" rate, I believe you have to ensure there is nothing in the "Alt. ERT" column.
I hope this helps.
Blaine

Enter rate USD / EUR rate type EURX

All,
We are getting the following error when attempting to do a journal entry via t-code F-65.
Enter rate USD / EUR rate type EURX for 08/24/2009 in the system settings
However we ave maintained the entry for 8/24/2009 in OB08 and we are still getting the error. What can I do to correct this error?
Thanks,
Sean

Hi,
Please ensure that in T code OBBS you have maintained the translation ratios for both the currencies vice-versa.
Like For exchange rate type EURX see that ratio From:EUR To:USD and From:USD To:EUR
both are maintained.Ensure the same for TCode OB08 as well.
Hope this helps.
Regards
Sonali T
Edited by: Sonali A Tambat on Aug 25, 2009 6:31 AM
Edited by: Sonali A Tambat on Aug 25, 2009 6:32 AM

Exchange rate type M not picked in FB60 foreign currency entry

Hi
My local currency is   USD. I   have defined exchange rate for   ' USD and EUR   '    for exchange     type M and type EURX.
In FB60, system picks the exchange rate defined for exc. type EURX,   but   I   want it to pick exch. type M.
Also i   have set   exch type M in docu type KR.   Still it does not pick   exc type M.
Pl advise
Thanks
kamala

I am thinking that most likely you have specified EURX as Alt. ERT (alternate exchange rate type) for exchange rate type M for the currency pair USD:EUR in IMG node 'Define Translation Ratios for Currency Translation" (T Code OBBS). Remove it and retest FB60; it should pick the M rate.

Exchange Rate Type per Company Code

HI Experts,
In our system the conversion rates for EURX are maintained since there are several European companies working with the system.
Now we would like to use the same SAP-system for companies in China & Taiwan. In both countries there is an individual "official" exchange rate which does not equal the exchange rates stated from the German banks and thus fed into the system.
Is there any possibility to connect a company (code) with one particular exchange rate type? Since we are dealing with countries outside of the EU.
Thanks in Advance
Siva

Hi,
as you may have recognized, the assignment cannot be made on company code (or country) level, but only on currency level. In particular, this is table TCURF.
When (almost) all possible currency combinations (from-to) are redirected to rate type EURX, then this looks like standard SAP delivery settings that you can freely change according to your needs.
If you are not familiar with TCURF maintenance, however, you should be very careful here and test every change before importing it to the productive environment.
The basic idea that I have always followed for the same or similar requirements is that local rules for a particular rate type are always control the rates to be applied when converting from any foreign currency to the currency of the particular country.
If you are a China company and your local company code currency (curr.type 10) is CNY, then you have to make the following changes to table TCURF:
First, find out all the foreign (non-CNY) currencies that you are dealing with. This may include EUR, USD, and any other currency of the world.
Then, determine (or create) a new exchange rate type in table TCURV. This should be the rate type for your "own" rates. Let's name it rate type "L" (for Local rates). Note: you can use the standard M rate type as well, but it is more transparent if you define a separate one.
Then have a look into table TCURF and find the entries as follows:
Rate type: M
From-currency: all that you are using in your business (all non-CNY that you use)
To-Currency: CNY
Valid-from: find the recent entry for each combination
With all of these entries displayed, you will find that the alternate exchange rate type field (ABWCT) in these entries is set to EURX.
Now you want to create a new TCURF entry as follows:
Rate type: M
From: the same foreign currencies as above
To: CNY
Valid-from: a newer date than the last current entry
Alternate exchange rate type: L (your new rate type) - in case you want to use just M, then leave ABWCT empty.
If you are using the L type (which I recommend), then you have to add 2 new entries to TCURF for each foreign currency:
1.
Rate type: L
From: foreign curr
To: CNY
Valid-from: 1.1.1800 (yes!)
Ratio from and to: as you want, it should be the same as in the corresponding M entry, usually 1:1, but it depends
Alternate exchange rate type: leave it blank.
2.
Rate type: L
From: CNY
To: foreign curr.
Valid-from: 1.1.1800 (yes!)
Ratio from and to: as you want, it should be the same as in the corresponding M entry, usually 1:1, but it depends
Alternate exchange rate type: leave it blank.
Finally, in OB08, you have to maintain rates like
type L, foreign curr to CNY
You are done
What is happening is the following (example you post a document in USD in your China company code)
Doc.currency USD --> must be converted to your local currency CNY
First, the system looks the current ratios for the M entry:
M, USD to CNY, valid from: recent, 1:1 and ABWCT = L !!!! (the entry you have added before)
Then it checks the ratios for L:
L, USD to CNY, valid from 1.1.1800, 1:1, ABWCT = blank
Based on TCURF, the system will look for the current rate entered under rate type L, your local rate )
Now what if a USD-based company has to post something in CNY? No changes there as the TCURF settings were not touched. They should look like this:
M CNY to USD, alt.exch.rate type EURX (or blank)
If it is EURX, then the rates enterd under EURX rate type (once USd to EUR and then CNY toi EUR) are read and the cross-rate CNY to USD is calculated.
If it is blank, then the rate entered under rate type M is used.
In both cases, no change to your current process.
It works similar if the company code is EUR based.
The main idea is: redirect all M entries in TCURF where <anycurr> to CNY to the new rate type L, but leave all other TCURF entries untouched. Direction <any> to CNY are only relevant for the China company code, the rest of the world does not care about that conversion. They might be interested in conversions like CNY to <any>, like in the above example, CNY to USD, or CNY to EUR, but that could be their German or ECB rate, you do not have to care about.
<removed_by_moderator>
Csaba

Exchange Rate Type Problem

Hi All,
I have problem with Exchange rate conversion. The system is not picking correct Exchange rate in billing Invoice of FI from SD.
The scenario is I have created Exchange rate type as Z and alternate currency type is FGE1. I created new one because bussines does not want to use EURX as it is fucltuating it needs fixed rate type. So I have create Z & FGE1 as exchange rate type.
Now In customer Master I have in Sales area Tab I have maintained Z as exchange rate type. So I create SO in SO I can see it is showing me Z as exchange rate conversion value.
So when it comes to Accounting Document the values from GBP to EUR get converted into EURX rate type. Which is very surprising to me. My company code Currency is EUR Dcouemtn CUrrency is GBP.
So can some one give me where the problem is arising.
Regards,
Kiran.

Hi,
Use transaction OBA7 and check if exchange rate EURX type is defined for document type RV
Remove entry EURX in the document type RV and maintain Z or FGE1 whichever you want....it will be done..
Regards,
Chintan Joshi

Exchange Rate Type 'M'

I have maintained average rate 'M' for currency translation and done direct quotation method. However, while doing a posting, system picks up some other exchange rate type (say, EURX) and exchange rates.
I am not able to understand why exchange rate type M is not being picked up ?
Please help me out.

Thx for the responses.
I found EURX type is available in the system. But I dont want to default it for my postings. I want the system to pick up type M. I have not defined any type at the document level.
Please help.

Exchange rate type

Hello everyone,
I would like to know the differences between the different exchange rate types, particularly EURO, EURX and M.
From what I've read:
EURO is the fixed currency between old EMU-participating currencies and the Euro (DEM<->EUR, ...).
EURX is a variable rate between non-participating currencies and the Euro (USD<->EUR, ...)
What about M? What's the relationship between M and EURX?
How are these exchange rates maintained?
Is there such a thing as an average monthly exchange rate in SAP?
Best Regards,
Luís.

Hi:
M exchange rate type is maintained in Territory where floating rate of exchange is in voyage..ER are maintained in OB08 with type M along with rates for foreign currency,,TCURR and TCURF are the tables where ER are stored.Open item Valuation in foreign currency are done based on rates entered in OB08...Hence when ER is fluctuating we use an average ER type M as provided by SAP...This can also be made specific to document type in OBA7..
Regards

Exchange rate type determination

Hi,
Just wanted to know how a exchange rate TYPE is determined by SAP in sales order or any FI document?
Currently for us, the exchange rate type used by SAP is EURX and I am wondering how this type is determined (not type M), if:
1. Nothing is defined in customer master
2. Nothing is defined in Additional Local currencies (OB22)
The company is Poland and company code currency is EUR. Is it to do anything with Euro currency.
Please help me?
Thanks in Advance

Hi,
The system by default uses Exchange Rate Type M for any currency translation in the system. You can use a different exchange rate type in your system, instead of Type M, by defining the alternative exchange rate type in transaction code OBBS.
Please assign points.
Thanks,
Madhav Nanduri

Exchange rate type from infoobject 0RTYPE

In my query I need to do currency conversion using the exchange rate type value in the infoobject 0RTYPE of my infocube.
Query only allows me to use the variable on 0RTYPE but not the value available in the infocube for 0RTYPE.
If one of the record had 0RTYPE = 'M' then the amount of that record should be converted using 'M' if another record in the cube has 0RTYPE = 'EURX' then the amount of that record should be converted using 'EURX' as the exchange rate type.
But if I use the variable on 0RTYPE at any time I'm able to convert using just one exchange rate type.Is it possible that I can convert based on the exchange rate type 0RTYPE value in the infocube of each data record.
Thanks,
A Pothuneedi

closed

New Exchange Rate type settings

Hi gurus,
I have created a new exchange rate type for imports i.e. I and for exports i.e. E.
I have maintained translation ratios for exchange rate types.
I have maintained the exchange rates.
I have maintained exchange rate type in company code settings at tax on goods movement>India-> basic settings-->maintain company code settings.
After the above settings, while i am creating an import PO the exchange rate is not picking up from I.
Is there any other settings.

Dear,
It will pick from the EURX only. not from your code. For this we have OSS notes also. That's only for MM postings.
Regards,
Dharma Rao. Yekula.
Edited by: Dharma Rao. Yekula on May 8, 2009 9:02 AM

New exchange rate type

1. Our client would like to maintain a new exchange rate type for the company code W100. Presently there are some 20 company codes are useing EURX exchange rate type including the company code W100.Is it possible to maintain new exchange rate type only for the company code W100 and what are all the procedure has to be followed to maintain the new exchange rate type?
Thanks and Regards,
Vimal

Hi Vimal,
Ex-rate types are not limited to company codes. But a new created Ex-rate type XXZZ (OB07) even with all currency translation ratios and maintained Ex-rates (OB08 or TCURMNT) does not effect anything unless it is used (e.g. for foreign currency valuation,...). Steps for creating a new Ex-rate see in General settings / currencies in the Customizing.
BR Christian

"Enter rate EUR / GBP rate type EURX for 06/07/2004 in the system settings"

When I try to do "Perform setup - Purchasing" by running T-Code: OLI3BW, after I fill in the name of the run and Termination time, then click execute button, get an error on the status bar and the error msg says below in between two dashed lines:
Enter rate EUR / GBP rate type EURX for 06/07/2004 in the system settings
Message no. SG105
Diagnosis
For the conversion of an amount into another currency, an entry is missing in the currency conversion table.
Procedure
Add the missing entry in the currency conversion table.
Execute function
You can then continue to process the commercial transaction.
What should I do to get rid of this error. I don't remember the t-code to input translation currency rate.
Thanks

hi Kevin,
to maintain currency,
transaction spro >> general setting >> currencies >> enter exchange rates.
trying search oss note with SG105 and bw* area, got this note, please check (not sure since it's an old one, old pi).
with SG105 and mm* area there are several notes, mostly mention 'program error'.
374438
Symptom
During the rebuild of statistical data for the BW extractors in the purchasing area, an error message due to a currency translation can occur.
Additional key words
2LIS_02_ITM, rebuild, PI 2000.1, PI 2000.2, 2LIS_02_SCL, 2LIS_02_HDR, request, quotation, SG 105, SG105
Cause and prerequisites
Offers do not contain prices in the request, consequently the system cannot make a currency translation. This case was not considered.
Solution
Implement the attached program correction.
Source code corrections

Exchange Rate Type "EURX"

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