Foreign Exchange rate for INR to EURO

Hello,
I want to maintain Exchange rate for INR to EURO.
What exchange rate type "m", "EURX" or "EURX" is relevant for the conversion of INR to EURO.
How to maintain direct & indirect rate for the same ? I understand that system is not accepting rates maintained in "Direct Quote" coloumn.
Thanks & Rgds
Dwijendra

Dear Venkatesh,
For exchange rate from INR to EURO, system will not take rates maintained under exchange rate type "m". It only considers exchange rate type "EURX".
Hope I am clear.
Rgds
Dwijendra

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Foreign Exchange Rate Type - M and EURO

Hi All,
My customer is maintainng the M exchange rate type as
1 USD = 106 JPY
along with this they are maintiaing a extra Exchange rate Type EURO as
106 JPY = 1 USD
Comany Code Currency is JPY.
In the document Type level they are not maintaing any of the exchage rate type. Means system is picking default exchnage rate type. As we know M is the default exchange rate type.
So, now customer doesnt want to maintain the EURO exchange rate type.
So, i want to know
1. if customer not want to maintain the EURO exchange rate then it would give any impact on the working.
2.Is any realtion between to maintain the two exchnange rate type.
3. On a document level, can we know that by using which exchnage rate it was processed. whether its was processed from M or EURO. We want to know the Exchange rate type of each document.
4. In M Exchane rate type we have both Direct and Indirect Quotation for same currency pair. So in this case which qutation system would take for the document processing as default quotation for a exchange rate type M.
Looking for early response.
Sachin

1. if customer not want to maintain the EURO exchange rate then it would give any impact on the working.
<There is no impact as long as this is not used by any other applications. For eg, In controlling, project system, budget, at FI document type level etc, we have option of choosing different exchange rate.
2.Is any realtion between to maintain the two exchnange rate type.
No relation
3. On a document level, can we know that by using which exchnage rate it was processed. whether its was processed from M or EURO. We want to know the Exchange rate type of each document.
< You can see this at Table level eg - BKPF. But at front end I dont think it is possible atleast upto 4.6C4. In M Exchane rate type we have both Direct and Indirect Quotation for same currency pair. So in this case which qutation system would take for the document processing as default quotation for a exchange rate type M.
<To my knowledge, System will not allow to maintain rates in both types. so question of option doesnt come>

Convert dollars in a spreadsheet to a foreign exchange rate

Is it possible to convert the numbers that I have in U S dollars in a spreadsheet that
I need to convert to a foreign exchange rate.
If possible can someone please let me know or steer me to a web link that has the instructions.
Thank you,
Greg

As jaxjason wrote, we must know a site offering conversion rates to be able to give you an automatic soluce.
Maybe someone is able to trace the way the calculator grabs the conversion rates.
This French site converts returns the value of 1 EURO in dollars.
http://fr.finance.yahoo.com/convertisseur/convert?amt=1&from=EUR&to=USD&submit=C onvertir
but I don't know the way to force it to download in a csv file.
There is a second problem.
The downoaded file is named quotes.csv like the one used to grab the quotes.
It will be necessary to find a way to switch the file treatment given the doc's contents.
Yvan KOENIG (from FRANCE vendredi 13 février 2009 22:21:36)

How system calculate Exchange Rate for material?

I have some doubt how system calculate exchange rate for material when doing GR.
For example, standard price of material is 0.01 USD per ea. PO is created in foreign currency (THB) with qty: 40,000 ea (THB 2,852.00)
Actually when I do GR ea then accounting doc is:
Dr. Inventory 400 USD (12,800 THB)
Cr. GR/IR 88.64- USD (2,852.00- THB)
Cr. Variant 311.36- USD (9,948.00- THB)
for 2nd and 3rd line item, exchange rate M (THB -> USD) is 0.03108 which is correct.
Could anyone advise where system get exchange rate for 1st line item?

Hi
First of all, as mentioned by you, the exchange rate for Item 2 and 3 is not 0.03108.. It is as below, based on the figures given by you...
Dr. Inventory 400 USD (12,800 THB)........ Exch rate is 0.03125
Cr. GR/IR 88.64- USD (2,852.00- THB)....... Exch rate is 0.03108
Cr. Variant 311.36- USD (9,948.00- THB).... Exch rate is 0.0313
I guess the item 3 is just a derivation from Items 1 and 2.. The Price diff results as a difference between std cost and purchase price...
I believe, the exchange rate would have been 0.03125 at the time of GR... You need to check this in your system... For sure, it uses exch rate type M in the standard... Check if 0.03125 (USD -> THB) or 32 THB -> USD exists in your system at all
Item 2 is based on your PO negotiated rate...
Regards
Ajay M

Exchange Rate for Excise Invoice (J1IIN)

Hi Experts,
which field the exchange rate is considering to calculate the excise duty for export excise invoice?
We are maintaining Exchange rate in OB08 with Exchange rate type--M (Standard translation at average rate) on daily basic as per Bank Exchange rate.
But in excise invoice we want to calculate an exchange rate from customs which is maintained in different Exchange Rate Type (it will be changed on monthly basic).
We need to copy same exchange rate from billing to Excise Invoice which is not 'M' maintained in Company code setting in CIN config.
Please suggest,
Regards,

customer master level??is there any link between customer master and purchasing?
for my case, i have the exchange rate maintained in OB08 under exchange rate type "M" and rate of 1 JPY = 0.608 INR
during migo and after the conversion i got the below exchange rates for the respective custom duties.
BED = 28,742 JPY, after conversion in MIGO 17,475.13 INR, exch rate of 0.6079997912462598
AED = 12,740, after conversion in MIGO 7,747.02 INR, exch rate of 0.6080863422291994
CESS = 575, after conversion in MIGO 349.54 INR, exch rate of 0.607895652173913
SECess = 288, after conversion in MIGO 174.76 INR, exch rate of 0.6068055555555556
why is there a slight deviation among the exch rate among the 4 excise duties?is this behaviour normal?
because if i were to calculate using exch rate of 0.608, the results for the 4 excise dutie should be as below
BED = 17475.136 INR round off to 17,475.14
AED = 7745.92 INR round off to 7,745.92
CESS = 349.6 INR round off to 349.6
SECess = 175.104 INR round off to 175.10
please advice whether is there anything wrong and if the slight deviation above is a normal behaviour for 'M" exchange rate.
Also, i have also tried putting the 'fixed exchange rate' in the PO header but it's still havng the same symptoms.
Thank you.

Exchange Rate for planned delivery cost

Hi
In one PO ( Document type NB with item category std) exchange rate for planned delivery charges ( Condition type FRC1) is calculated considering base date as document date of PO.( Exchange Rate is not fixed) while doing Goods Receipt
In other PO ( Document type NB with item category L -subcontracting ) exchange rate for planned delivery charges ( Condition type FRB1) is calculated considering base date as posting date of GR.( Exchange Rate is not fixed)
Can anyone tell why ?

Dear Murugan
I wish to putforth the below check for you to solve the issue.
You told that Intially while creating the PO, your supply vendor and freight vendors are different, please check did you enter the vendor code in the freight item condition details. If yes then you have two invoicing parties for the PO.
Now you also told that, you have carried out MIGO for the PO line item which which has Freight also as an additional condition type. That means for the PO line item your GR have been completed or partly done. If you have done this then how did you change the freight vendor in PO after GR for the item , system does not allow that as you have already carried out the the GRN.
To avoid all such cases of freight vendor change, the best solution is to change the vendor before GRN itself and assign the right vendor in the item condition of the PO,then proceed forthe GRN.
For your case please cancell the GRN also since you have already cancelled the Invoice.
Assign the right Freignt vendor , then proceed for MIGO. Once done In MIRO go for invoice and select goods/service items from the selection menu and process it for the supply vendor.
Then again you can go for MIRO and select planned delivery cost from the drop down and process it.
The above can be done combined also and in any sequence also , there are no holds upon that.
Regds
Sam

Exchange rate for FI postings in Billing

Dear Experts,
Can Exchange rate for FI postings in Billing be determinated by the Pricing date instead of the billing date when we create it?
Br
Sophie

Hi Sophie,
When you create a sales order, the exchange rate is determined only based on the pricing date and not based on the billing date. This is the standard SAP behaviour. You can enable different dates for these and maintain different exchange rates in OB08 to confirm this.
When you create an invoice for such a sales order, two cases can work
If there is no redetermination of pricing, then the exchange rate from SO will just be copied to invoice. The exchange rate will be redetermined only either if there is new pricing or when there is redetermination of exchange rate. Even in this case, the exchange rate is determined only based on the pricing date, not based on billing date. You can confirm this if you maintain two different dates and maintain different exchange rates for these dates.
So what you are asking is already there in system. You only have to reorganise your master data and configuration accordingly for the functionality to take effect.

Split invoice due to exchange rate for letter-of-credit

Hi Guru,
Orginially, I was trying to create a combined invoice and the the split msg appears. After some checking, so I update the exchange rate for all S.O. remove the Letter of credit, save, reapply the letter of credit to S.O.. and the error msg still appears. So I then try to create invoice per S.O. and found that split were due to the letter of credit rate diff within the S.O.
e.g.
S.O. 12345 , exchange rate 1.5
S.O. 23456, exhcange rate 2.0
1. I update S.O. 12345 to exchange rate 2.0.
2. try to create invoice, msg appears.
3. check table VBKD and found that the whold order exchange rate = 2.0 but for a few line item, the letter of credit exchange rate still = 1.5
Can anyone recommed how I can update the letter of credit rate ?
Thanks & Regards,
Rebella

Thanks. I guess i didnt explain my problem clearly. we create invoice using sales order not delivery note. We have a TPO process, we create SO, Vendor PO, and Vendor ship good directly to customer. We GR against PO, then bill using SO#.
Hopes it is clear enough for more help.
thanks.
Rebella.

Exchange Rate for invoice matching IR = GR exchange rate

Hi Gurus
u2022 Exchange Rate for invoice matching IR ( at Feb at 2.10 ) should be similar to GRN ( Jan at 2.00 exchange rate ). Customer does not want to fix the exchange rate during the PO .
u2022 They want to pick up the exchange rate when the GR is being executed .Is there any automatic setting to enable this, they want to avoid manually changing the exchange rate during IR.
Best Regards
Wai Meng

Hi
Try this
LIV- incoming invoice - how exchange rate differences are treated - for your company code check the indicator as N - then if exchange rate is different then it will be posted to PRD.
But it is not possible to fix exchange rate based on GR, either you need to enter invoice date same as GR date then same rate will be maintained.
Thanks

Fixed Currencies Exchange Rate For Customer

Dear Experts,
Is there anyway in system that allow us to maintain fixed currencies exchange rate for a customer.
Currently, when create a Sales Order, system will take exchange rate from OB08 which i dont want. Because we have a fixed exchage rate for different customer (which agreed upon).
Thanks,
Eunice

Hi
There is no specific fixed exchange rate specific to the Customer.
But , you can use different exchange rate types in this case, even this also should trigger the TCODE:OB08
If it is the compulsory requirement...use the Substitution, using the "user exit"....give the logic for the "user exit" like it should pick the rate from the "Z" table , there you can maintain the rates from time to time.
VVR

Maintain seprately exchange rate for Local transction and Global Transction

Dear Guru,
In some countires of Latin america, the local exchange rate ratio between two currencies is differ than the Global exchange
rate ratio. Is it possible to maitain simultaenously two exchange rate ratio for local and global purpose in sap for day to day
transction.
Regards,
Rajesh

Nope not possible for day to day real time posting.
But you can define a non leading ledger and can at period end do th eforeign currency valuation using that specific exchange rate for that non leading ledger.
Regards,
SDNer

Exchange rate for PO documents

Friends,
We have created an import PO with currency EUR. We have not given any conversion rate in PO. System is picking some conversion value in INR. From where it is getting convered. I have checked OB08. There is no such EUR to INR conversion rate for exchange rate type M.
Where can i check alternatively.

Hi Deepak,
Why INR to EURO to be checked. My PO is in EUR and company code currency is INR. In that case we have to see EUR to INR. Is it correct.
Actually while going through i found the conversion maintained as below:
Ex. rate type EURX
From currency INR
To currency EUR
Rate maintained in indirect quotation.
My doubt is why the type is EURX instead M.
From currency to currency is EUR to INR, WHY INR to EUR
Why it has maintained in indirect quotation instead of Direct quotation.
BSR

Exchange Rate for GR same entered in PO

Hi All!
We cover our exposure for foreign POs at the time of placing a PO and the same exchange rate is entered in PO. we want the GR to be posted with the same rate. But system valuates the GR with rate applicable for the GR date from global table. Is there a way out to ensure same rate for GR? or atleast we should have an option to manually re-enter the rate in the GR document.
Points Assured for effective inputs.
Regards,
Vamsi
Message was edited by: Vamsi T

Hi sasibhushan334 ,
In standard system it is not possible to set the field 'Exch rate fixed'
(EKOO-KUFIX) in Me21N by default. You would need a modification to
change this. In OMF4 you can see for the field selection group
"Terms of delivery and payment" there is no entry for "fixed indicator"
or field EKKO-KUFIX. This is because there is no entry in table
T162X for FAUGR = 2 or "Terms of delivery and payment". So this
has to be always set manually if desired.
However, in OMF4 You can make the selection of the exchange fix
indicator mandatory by clicking the currency and exchange rate as reqd
entry within 'Terms of delivery and payment',it will enforce the
user to tick the PO exchange rate indicator in ME21n during PO
creation.
Hope you find this useful.
Adam.

Is it possible to have one central user defined exchange rate for a project

When i create deliverables for a project. It asks for an exchange rate type. On entering user i am prompted to enter an exchange rate.
Is it possible to use the exchange rate setup at the workplan level for all deliverables rather than entering the rate at each deliverable.?

Hello
The exchange rate value you set in the workplan is only used for converting planed amounts entered in foreign currency. There is no standard functionality to configure a default value for USER conversion type.
Could you further elaborate on the business requirement? Why do you use conversion type as USER for events, and not a centralized conversion type managed on the GL daily rates?
Dina

Foreign exchange rate issue

Hi all
Has anyone come across this issue before? If so, any guidance on how you resolved this would be much appreciated.
I have Plants Abroad active and I have a company code in France with a local currency as EUR but a foreign plant in the UK with a country currency of GBP.
France uses a Central bank rate but the UK allows for a market rate to be used. In the UK you can also produce invoices in a currency other then GBP as long as you show the exchange rate used and amount in GBP.
When you receive a USD invoice you are required to match the exchange rate used by the Vendor in order for your country currency tax amount to equal the amount in GBP on the invoice (i.e. you reclaim what the vendor has charged). However, when entering the incoming invoice under your UK VAT registration there is no field to enter the exchange rate used by the Vendor on the invoice as the only manual exchange rate field available is used for transaction currency (USD) to company code currency (EUR). Therefore your country currency tax amount will differ to the Vendor and this is incorrect.
Thanks

Hi Aldo
Thanks for your reply.
I'm using FB60, Post Vendor invoices.
The problem is SAP will only convert the doc currency USD to local currency EUR. However, I need to capture the exchange rate used by the supplier (specified ont he invoice) to mirror the VAT amount on the invoice, which is in GBP.
Legally, the VAT amount must be shown in GBP, but the doc currency can be in any currency, e.g. USD.
I hope this clarifies the issue.
Thanks
John

Foreign Exchange rate for INR to EURO

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