Foreign Exchange Rates

Please tell me where and how to maintain exchange rates in SAP system for creating Import Purchase Order.
Regards
A.R.Prasad

spro-SAP Netweaver-general settingscurrencies-enter exchange rates...
or
ob08
regards,
indranil

Similar Messages

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    Greg

    As jaxjason wrote, we must know a site offering conversion rates to be able to give you an automatic soluce.
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    Yvan KOENIG (from FRANCE vendredi 13 février 2009 22:21:36)

  • BILLING TO ACCOUNTING - FOREIGN EXCHANGE RATE IN THE PAST

    Hi All,
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    2.     In Contract, we maintain foreign currency, exchange rate, and pricing date.  Here in the contract, we are currently billing an item in the past using exchange rate in the past as well.
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  • Foreign exchange rate issue

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    Hi Aldo
    Thanks for your reply.
    I'm using FB60, Post Vendor invoices.
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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
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    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.
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    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>

  • 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
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  • Foreign exchange rate

    Hi gurus,
    i have entered the exchange rate using t_code OB08. our local currency is NAD so i entered direct quot 1NAD = 7 USD. but when i capture an invoice in USD i am not getting the right amount in local currency. the system is using a different rate which i don't know where it is getting it from. is there some settings that i m missing or what could be the problem? this also happens for purchase orders.
    please advice. points will be awarded.

    Hi
    Have you correctly maintained in the direct quotation ?
    Pleaase check whether it should be 1 USD = 7 NAD or vice versa..?
    Regards,

  • Importing Foreign Exchange Rates Automatically

    Hi,
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    Hello,
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    Rgds,

  • Changing foreign exchange rate on posted revenue/reversal  in SAP

    Hi Friends
    Can you please help me on the following issue
    We have a Japanese order where we  have booked in Period 4 2011 and reversed revenue in period 6 2011. 
    The reversed revenue used the period 6 JPY rate to convert to USD.
    However, the revenue should have used the last billing period rate which was in period 4 2011. 
    Is it possible to change the rate on the period 6 revenue to the period 4 JPY rate? 
    Can someone help us to direct if any systematic solution for this issue or do we have to do the manual revenue entry ?
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    Thanks
    Larry

    Hi,
    Not sure if you are from the Finance stream; but the system behaviour is correct.  You have recognized revenue in a different period.  The only way you would have the same rate is; if you reverse the revenue in the period of recognition.  As periods are different, the fx impact should also be different.
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  • MIRO - Postings during Foreign invoices - Exchange rate variance

    Hi
    I noticed while posting foreign exchange PO's where there is both price variance and exchange rate difference the system posts price variance in foreign currency with a local currency amount of 0 and posts foreign exchange variance in local currency with a foreign currency amount of 0.
    can someone explain whether this is standard SAP? What is the logic? How do we do reporting in such cases?
    Thanks
    Raj

    Hi,
    As far as foreign exchange rate variance the entries are correct. The difference will be only in Local Currency and not in transaction currency. For example if the transaction currency is USD and Local currency is INR, when there is a change in exchange rate the difference is recorded only in INR. As far as USD is concerned there is no change.
    Thanks
    Murali.

  • Purchase price variance-Foreign exchange

    HI Experts,
    as per my business process
    PPV-fx means
    The Foreign Exchange rate difference between the average exchange rate of the month that the invoice is booked and the standard company xxxxx exchange rate that company xxxxx applies for actual costing and where company xxxxx bases their hedge policy on.
    for this month my ppv-fx is 30000
    i want to know how this got calculated?
    how can i see average exchange rate of the month for all the invoices and standard exchange rate for actual costing?

    Hi
    Acually the forex valuation at time one rate,
    The system calcualtion rate at end month different rate,
    so revauation for exchange rates,invoice dates and document dates.
    any clarification call me+91 9962155061
    Edited by: jyothi reddy on May 10, 2010 10:04 PM

  • Old Exchange Rate in PO

    Hi,
    Old Foreign Exchange rate is being taken while creating the PO.  Exchange rate 0.4321 is taken (maintained upto 23 Jan 08) instead of 0.7561 (current).
    But if I change the qty or price the new rate is taken.
    Could you pleae throw some light on this?
    Thanks
    Venkat

    Hi HT,
    I am creating an independent PO without any Contract ref.   However, an info records exists for the comibination which is picked up automatically  by the system.
    Regards

  • Imported PO exchange rate - commitment amount reduction on GR

    Hello Experts,
    I have created imported PO with account assignment to WBS element and changed the foreign exchange rate (FER) to 50. Since the unit rate was $100 (Foreign Currency) and Qty. was 2 nos., system had increased commitment value by value 10000.
    Current FER is 40, which is maintained in currency table.
    When GR is taken for Qty.1, system has reduced commitment value by 4000. Hence, system now shows the balance commitment value is equal to 6000. (report S_ALR_87013558)
    Ideally, commitment value should have been 5000 only.
    Hence, commitment values always shows incorrect picture. Please suggest...how to overcome this problem....
    Note: We donot want fixed exchange rate as we want MIGO and MIRO to happen at current rate (not with FE rate maintained at PO).
    Regards,
    Abhishek

    Thanks for your advice Mr. Atif,
    My client needs to be changed ER in MIRO level also, same value needs to be paid to vendor. When ever will go to f-53, if will process the open item, it is not matching to actually liability created values. 
    In this case how to proceed further.
    Thanks and Regards

  • Exchange rate expression Direct and Indirect qutation

    Hello,
    Please can you explain whether there are any issues or risks in
    switching the Exchange Rate Types used in SAP to allow inverted rates
    to be used - or any reasons why it was designed not to have inverted
    rates switched on. I think to reduce the maintenance of the foreign
    exchange rate table, it doesn't make sense, for example, to enter both
    a GBP/USD rate and a USD/GBP rate
    The other issue is that my client publish internally the month-end
    rates as direct quotations - i.e. 1 Israeli New Shekel (ILS) = 0.1584
    British Pounds but somehow, the rate used in the revaluation program is
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    entered, or the rate is entered with a different number of decimal
    places. If only direct rates are entered, and these are the ones our client
    publish, there is hopefully a better chance that the revalued figures
    are in line with what client expect them to be.
    Thanks in advance for your help.
    regards,
    Satya

    2

  • Report for Unrealized/Realized Foreign Exchange Payments and Receipts

    Is there a report in SAP that shows unrealized/realized foreign exchange cash receipts and payments. if yes, what is that report. Please provide transaction code.
    If not, do we need to create ABAP query. How do we create that Query in this regard. What information are we required to give the Abap person or do we create an Query ourself. How do we create it. please explain with steps.
    It is little urgent. Please reply soon.
    Thanks
    Lakshmi

    Hi Lakshmi,
    I can try to explain this financial funda more claraly as below:-
    Realized Exchnage rate Diffrence Gain/ Loss:-
             When the foreign currency transaction has actually completed and you have gained/lossed due to that transaction is called as realized gain/loss.
             For example you have purchased the goods on 01 Jan, 2008 for 5000 INR (100 USD) on credit. Now on 16th Jan, 2008 you paid the invoice by paying 100 USD and clear it off. But on 16th Jan, the exchange rate between INR: USD came down to 45. So you gained by amount 500 INR (100 USD * (50-45)). This is the realized gain when you clear of the invoice againest the payment.
    UnRealized Exchnage rate Diffrence Gain/ Loss:-
             Here the foreign exchange rate diffrence appear but not realized, because the transaction is not cleared up.
             Taking the scenario above, if you do not pay on 16th jan and invoice remains open. You run the F.05 at month end to revaluate the open items and on 31st Jan, the exchange rate came down at 48 INR per USD. Then F.05 will show the unrealized gain of 200 INR (100 USD * (50-48)).
    I hope that this clarifies the things. if yes, please assign some points.
    Regards,
    Gaurav

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