Maintain foreign currency Exchange rates
HI Sap Experts,
Maintain foreign currency Exchange rates , whether it is month end activity or year end activity.
for this what is the t/code what are the parameters are need to be given.
Regards,
Prabhakar
Prabhu,
At the very minimum, this is monthly activity ... however, if the company has large volume of transactions in foreign currency, then these rates are typically maintained on daily basis.
You can maintain exchange rates for relevant currency pairs using T. Code S_BCE_68000174. Corresponding configuration tasks are in IMG under NetWeaver General Settings.
HTH,
Manish Patel
Sr. SAP Solutions Consultant
Similar Messages
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To maintain foreign currency exchange rates
Hi,
Please help me with this scenario.
I want to maintain foreign currency exchange rates.Kindly tell me the process to maintain these rates. and also please tell me that is their any feasibility to maintain exchange rates on daily basis.
Regards,
Pavani reddyHello,
you can also use currency worklists in order to maintain exchange rates on daily basis. In order to enable this functionality you have to maintain the following configuration:
1) Define Currency Worklist using the following path: SAP Netweaver - General Setting - Currencies - Define Worklist for Exchange Rate Entry (specify the name of the worklist, short description and maintenance interval);
- assign exchange rate to the worklist using the following path: SAP Netweaver - General Setting - Currencies
2) Assign Exchange Rate to the Worklist (please specify your exchange rate type, from and to currencies, the name of the worklist previously created as well as quotation type).
3) In order to maintain exchange rates you will have to use t-code TCURMNT (you can also find this transaction under standard SAP Menu (Fin. Accounting - GL - Environment - Current Settings - Enter Exchange Rates using a Worklist).
In my opinion, this t-code is more user-friendly than the standard OB08. But it's now up to you to decide whichever to use.
Best regards,
The Wirtschaftsmann -
Gain or loss due to foreign currency exchange rate in Travel Management
Hi Experts,
I am facing some issues in foreign currency surrender in Travel Management.
Example:-
An employee goes on a foreign trip in which he takes advance in USD. After returning from the trip, if any USD balance is there then he returns it to company. If the exchange rate falls or increased, then company books it as gain or loss to comany. How the same can be handled in Travel Expense Report. Below is an example of the same.
USD
Exchange Rate
INR
Advance taken
550
65
35750
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500
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32500
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50
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3000
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250
Regards,
DanielHI Sigi,
The problem is, during a International trip. While taking the advance, the exchange rate of USD is something & while returning or excess expenditure the exchange rate is different. Because the posting to be done in INR & the expenses are adjusted against the advance.
But when there is a change in the exchange rate then the whole advance is not adjusted. SO to adjust the same the balance amount to be adjusted as gain or loss to the company a/c.
Regards,
Daniel -
Foreign Currency Exchange Rate with E-Comerce Apps
I'm making a web site for one of my clients so his clients will have access to his inventory and products and they'll be able to add Sales Orders from the web site to SAP.
The problem I have happends only in days were the exchange rates are not updated, lets say sunday for example and this company have a client in Israel that works sunday and he wants to place an order, the DI stops the process and gives me the same error I get from sap: Error #-10: Exchange rate not updated , 'USD'.
What I would like to know if anyone have any recomendations or best practices to work with this problem?I would try to fill the exchange rates on
SQL query that is linked to a daily basis.
Lets say you update exchange rate every day - at 00:01
You could retreive rates from online bank rates OR
copy the rate from the day before.
Lets say Saturday And Sunday gets rate from friday - which is updated by the company employee. On monday the rates can be revised by employee if needed.
Hope this would help. I would be glad if you could help me do the same e-commerce - for our internal partner website - we would like to have product catalog which customer could register online.
Please help - on how to step on this developer challange.
I'm not a good java or .net developer so give me som tips.
Let me know - If you need some help with SQL code example to do this formatted search SQL that you link in the alert management routine. It will work in the background and the Exchange Rate table will be updated automatically.
Thanks.
G.P.
Message was edited by: Geir Parlati
Message was edited by: Geir Parlati -
Foreign currency exchange rate and indexes
hi! anybody could help me what is the purpose of indexes and how it differs with exchange rate..
thanks,
kathyHi,
Check this about Indexes :
http://help.sap.com/saphelp_sbo2007a/helpdata/en/4b/4b867a17954b459649c8a46c739879/frameset.htm
Check if this EES on Exchange Rate helps you
https://websmp201.sap-ag.de/~sapidb/011000358700000141342007E/Exchange_Rate_16_2_07.pdf
Regards,
Jitin -
Currency Exchange rate maintenance
Hi all FI Master,
My local currency is in GBP. I maintain foreign currency exchange rate like USD to GBP, SGD to GBP and so on. My question is do I need to maintain the exchange rate in the other way round (like GBP to USD)?
Secondly, if my vendor bill me is foreign currency USD, and I pay in foreign curr SGD, do I need to maintain the exchange rate from SGD to USD?
Thank you.Hi Cire,
The Answer depends on your settings for the Exchange rate type
(SPRO > General Settings > Currencies > Check exchange rate types)
1) No if Invert flag is set for the exchange rate type.
Yes if flag is not set.
2) No if you have specified GBP as the Ref.crcy.
Yes if no Ref.Crcy is specified.
Kind regards -
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,
EuniceHi
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 -
OB08 currency exchange rates actually used in system
Hello All,
We are currently in the process of evaluating vendors for a daily FX rate upload. During the vendor evaluation process, we realized that upwards of 650 cross rates are entered into the system on a monthly basis and the team uploading the rates are not sure all are being used. Since the daily FX upload is priced per exchange rate that is passed we'd like to make sure all of the current exchange rates maintained in OB08 are actually being used in the system. Does anyone have ideas on how to obtain what currency exchange rates are actually used. We're hoping to reduce our number of cross rates passed in the daily feed by elimating the exchange rates that are not used but I'm not sure how to find that out. Thanks in advance for the help.
Cheers,
JordanYou could download all entries in table BKPF and derive unique values in currency key (WAERS). Those are the foreign currencies that you are using in your system. You need exchange rates between those currencies and your local currency/group currency and also between your local currency and group currency.
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About foreign currency exchange difference when do MIRO
Dear all,
There's a purchase order with foreign currency, for the currency rate floated every month, if we do MIRO in the next month after we do GR, there's foreign currency exchange difference happened,
the problem is if the mat'l code with stand price control, in OBYC, I set the transaction KDM with account determination:exchange difference, then I do MIRO, it's ok, the currency exchange diff goes into the right account(exchange difference),
but if the mat'l code with price control V, when do MIRO, the currency exchange difference goes into the inventory account automatically, seems not determined by the setting of OBYC KDM,
so what can I do,?
Appreciate your kind reply in advance.
RgdsHi Kathy Wan,
Try the SAP Note No:980402.For me it worked only for material price with Moving Average price.
Still We are analysing to get for Accout assignment purchase order and service purchase order.
If you got complete your requirement ,Please let me know.
Thank and Regards,
Rajesh -
Third currency/exchange rate in purchasing document
Lets say the internal currency is GBR, the document currency is EUR and one of the condition currencies is USD.
How can I control the exchange rate between USD and EUR? It's getting the EURX rate, but I want to set a particular rate for a PO.
Is this possible? I seems we can't do that.
PS: As a context this happens in countries where some prices (liked freight costs) are set in USD, although it isn't the country's currency. Here the vendor document is in EUR, and the freight costs in USD.It is not possible to have more than one currency conversion rate maintained in a PO. My solution to your requirement is to put the freight costs separately in different PO and that way you can maintain the exact exchange rate as needed. Also this separate handling is the case normally would be the case as the frieght charges are many times are based on weight and not based on the PO quantity.
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Dear Experts,
One of SAP our user edited the maintained currency exchange rate table (F-62) but he is lying. Now how can I check who edit the table in a particular date? Is there any t-code or way?
Thanks in advance for this help.
Best Regards.
Ripon Kumar PaulHi:
If change log is enabled by your BASIS guy then you can see it menu...utilities...Change log.
Regards -
Replicating currency exchange rates
In SRM, table TCURR lists the currency exchange rates. When replicating the exchange rates from R/3 to SRM using program BBP_GET_EXRATE, it'll ask me for a logical system. However, when viewing TCURR, logical system information is not displayed.
Since my SRM system is connected to two R/3 systems, it seems that after replicating exchange rates from the second R/3 system, TCURR is replaced with rates from the second R/3 and rates from the first system have been overwritten. TCURR in SRM looks identical to TCURR in the second R/3 system and not the first R/3 system.
Is it so because it's assumed that exchange rates are universal and they should be the same regardless of which R/3 system they come from? Or am I missing something?
Thanks,
SNThe program BBP_GET_EXRATE is used to replicate the currency rates from the backend system to the SRM system. The currency table is TCURR, as you explained.
The reason why this program BBP_GET_EXRATE asks for the logical system is that, there could be more than backend system connected the SRM for business reasons. When you choose a logical system, the RFC destination of the logical system is found by the program and this RFC destination is used to call the function module 'SBIC_EXRATE_TRANSFER' in the respective R3 system. This function module will be in the respective backend system and gives the data of the TCURR table with it.
There will be a call to 'SBIC_CURRENCIES_TRANSFER' in the backend system based on the RFC destination determined.
The currency rates independent of the backend system should be the same as it is universal, so you can maintain only one currency conversion for a pair of currencies.
Please reward points if you find it useful. Thanks -
Currency Exchange rates replication
Hi all,
We have a requirement where we maintain currency exchange rates in ERP and want CRM to use them rather than creating them afresh in CRM. Are there are middleware customizing objects that can be used to transfer the currency exchange rates between R3 and CRM.
Thanks & Regards,
KarthikHi,
Currency exchange rates (in R/3 table TCURR) can be replicated
from R/3 to CRM via customizing object DNL_CUST_BASIS3.
I hope this information is helpful!
Regards, Gerhard -
Currencies Exchange rate per Customer
Hi Experts,
Is there anyway in SAP to maintain Currencies Exchange rate per Customer. For e.g. the customer's currency is EUR and my local currency is USD.
Meaning we want to maintain a fixed exchange rate for that particular customer, so during creation of Sales Order, system take this fixed rate instead of taking FI - Currencies Exchange Rate table.
Thanks,
Kiran DHi Kiran,
Just check the Currency field available in the customer master Sales Area Data --> Sales tab. The currency maintained in this field is determined in Sales order.
Hope it works.
REWARD if it helps you!!
Regards,
Ajinkya -
How to Add a parameter of currency exchange rate in the selection screen
Dear Friends,
How to Add a parameter of currency exchange rate in the selection screen with format (9999.99999). wich field i need to take.
Thanks,
SridharTCURR-UKURS.
~Suresh
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