Maintaining exchange rates

For maintaining exchange rates, I configured the 1. one. How do we maintain exchange rates. Do we need to get the exchange rates or client maintains it. Where do we get the exchange rates from. Does the exchange rate is given by the client.
1. Define standard quotation for exchange rates
2. Check / maintain exchange rate types
3. Define translation ratio for currency translation
4. Then, enter exchange rates
what is required to be configured by a consultant.

Hi,
check on it:-
http://help.sap.com/printdocu/core/Print46c/en/data/pdf/CAMENG/PREIS-UND%20MENGENNOTIERUNG.pdf
Re: Exchange Rate - Difference
pherasath

Similar Messages

Is there any alternative tcode to maintain Exchange rates other than OB08

Hi All,
Just i want to know is there any alternative tcode for maintaining exchange rate other than OB08.
I want to maintain the exchange rate for one perticular user only.
Thanks,
suraj

Exchange rates are valid for everyone, they cannot be maintained for a single user. However it is possible to create separate exchange rate types and maintain separate exchange rates for them. These types could be added to some special document types, but it only works in FI.

Maintain Exchange rates

Hi,
I want to maintain exchaneg rates in the system on daily basis.What is the eay out ?
i mean when we go live do we need to maintain it in Production system everyday ?
regards,
manOO

Hi Prabhu,
Thx for feedback.My question is that if it is to be maintained daily then directly one has to do it in production system via OB08.Correct ?
Regards,
manOO

RE: Maintaining Exchange Rates

Is there a configuration setting wherein I just enter one exchange rate , say for eg. CAD to USD, and the system will automatically calculate the rate for USD to CAD?
Thanks.

I do not have a TCode, but
in 5.0 menu path - SPRO > netweaver > general settings > currencies > check exchange rate types. Use your F1 help to study the columns. for example:
Indicator: Calculation allowed with inverted exchange rate
then Test, test, test
award points if this is helpful
Althea

Exchange rate maintaining program/Euro Customizing

Hi,
Can any on eplease guide me how can I maintain exchane rates with any program.Are there any available ?
DO I need to maintain exchange rates like following
USD to AED and AED to USD with direct quote
AT times I get green error Eueo customizing not maintained.There are couple of notes.Out of that one note is 135661.
It is so descriptive and confusing that one may get lost in it.I am pretty sure that many prople have come across this problem.Can anyone please suggest me the exact steps to be performed to eliminate this and what is the severity of this green error ?
SAP notes at times are crazy.Instead of suggesting good short solution they will take you round the trees..This one I mentioned is like that.
Also this notes talks of old versions.
I am using ECC 6.0
Thansk in advance
Regards,
manOO

Hi,
You need not worry about the OB08 entry for rate type EURO, it is needed by the system to determine the euro conversion. You will continue to update the other rate types like M, B, G with the EUR/SKK rate till 31.12.2008. Once you are on 01.01.2009, the currency of your country/company code will become EUR and you will not need to use any rate to convert to EUR.
BW will have no issues here, as it would also be using the rate type M, G, B etc for conversion till 31.12.2008. You will need to carry out the changeover steps in BI also.
Cheers.

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 reddy

Hello,
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

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

Exchange rate maintainance as per company code or ledger in OB08

Hello,
Is it possible to maintain exchange rate as per company code or ledger in exchange rate table.
If not, please suggest any other alternative where I can maintain exchange rate as per company code or ledger.
Regards,
Tapan

In table T882, you can see ledger and company code assignment; with currency keys and additional currency types used for company code/ledger. You have option to choose the currencies at ledger and company code level, but not the currency type. Exchange rate type 'M' is used and even hard coded in many programs/transactions for actual postings. In planning, to some extent you have the option to choose exchange rate type, default is 'P'.
Regards,
Ganesh

Currency Exchange Rate Maintainance in BCS

Dear Experts,
I need a clarification, WHile maintaining Exchange Rate in BCS,
1) how the Exchnage Rate values reflects in R3
2) Vise versa While maintaining Exchange Rate in R3 how it reflects in BCS.
a) Is there any BCS or any machanism needs to be followed?
b) What are the different ways to handle this?
Regards
RItesh M

1) how the Exchnage Rate values reflects in R3
- Madhu answer is correct.
2) Vise versa While maintaining Exchange Rate in R3 how it reflects in BCS.
- The same table is used for dealing woth C/T in BCS and BW - they share the same table.
Tables for C/T, though, have the same names in R/3 and BW/BCS, belong to different instances and do not communicate. In BW, though, you may copy global settings from another source systems (including R/3).
a) Is there any BCS or any machanism needs to be followed?
- not clear what is meant. Set uo the C/T funcrionality in BCS.
b) What are the different ways to handle this?
- Should be used the standard currency rates functionality (the same tables).
But the load to these tables might be:
1. manual
2. from source systems (copy as described above).
3. load from a file.

Different Exchange rate type is picked while creating PO

Hi All,
We are maintaining daily exchange rates under exchange rate type "M" for currency GBP to INR. We have also maintained exchange rate type "ZCIG" but we are not maintaining daily exchange rates under this exchange rate type.
Still system is promting us to maintain the exchange rate under exchange rate type ZCIG instead of "M" while creating Purchase order. Becoz of this error i could not save the PO.
Please guide me on this issue.
Thanks
Sonal

Hello,
Could you please let me know how you have solved this problem.
I want a particular exchange rates for a particular vendor posting.
Thanks,
Srini

Exchange rate error in Material Master Upload (MB1C - 561)

Hi.
While uploading material through MB1C with movement type 561, I am getting following error
My company code currency, material master currency is EUR but still following error is occuring.
"Enter rate EUR / rate type M for 01.10.2010 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."
Why system is asking to maintain exchange rate for same currency?
What are the settings that I should maintain? Thanks in advance.
Regards
Anand

Hi,
My material master currency is EUR
Both Stock and Upload GL accounts currency is EUR
Co COde currency is EUR
Where else is the revevant Settings?
Further, I uploaded one material on 25/Oct/2010 well. But when I am trying to upload the same material again on or before or after
25/Oct/2010 system is giving exchage rate error
What could be the remedy?
Regards
Anand

Error with Exchange rate type

Hello all,
While releasing the billing document to accounting, getting the error:
'An exchange rate type is not defined for country US'.
In customer master, have maintained Exchange rate as 'M'.
where do we maintain the exchange rate type for country.
Thanks
Gauravjit.

HI Gauravjit,
Try this:
SPRO-F5- General Settings-Currencies-Define Translation ratos for currency translaction
Reward if it helps
regards
Srini

Exchange rate error while Uploading material in MB1C; MovType 561

Hi Experts,
I am trying to upload material in MB1C (movement type 561). When I am saving, system is giving following error.
My company code currency, material master currency is EUR but still following error is occuring.
"Enter rate EUR / rate type M for 01.10.2010 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."
Do I need to maintain exchange rate inOB08 for EUR to EUR conversion? Or is there any other setting?
Regards
Anand

Hi,
No need to maintain conversion between EUR to EUR.
We'll take one currency as standard for conversions.
In our case for every currency we have to maintain conversion for USD
EUR to USD
USD to EUR
INR to USD
USD to INR
May be you have to maintain like above.
Rgds
Murali. N

Change of Exchange rate in VA02

Dear Experts
We have sales order which is having around 5 line item and in that 1st line item alone has been invoiced in January and later items still not invoiced
In the month of February, the invoice for 1st line item has been cancelled , so to avoid exchange rate difference when we create invoice for cancelled invoice, we have maintained exchange rate in Sales order Header details-Accounting tab manually and created invoice successfully with old exchange rate.
Now i want remove the exchange rate in Sales order because it will affect the other line items which has not yet invoiced but when in go to va02-Sales order header details-Accounting -Exchng rate-acct field was grayed out.
Kindly help me out how to remove the exchange rate from sales order header details-Accounting tab or is there any way that it should not effect the line items for which still invoiced has not created
Thanks and regards
Ramarao.pokuri
9010272000

Hi,
Ideally, we should not touch the exchange rate. It should always be automatically determined by the system.
However in this case, the first line item is controlled manually.
For the rest of the line items, please select the relevant condition type on which the exchange rate is effected. Doube click on the condition type. There you can see the exchange rate between various currencies. In this place you can change the exchange rate manually. This will be copied to invoice if the pricing is not redetermined in teh invoice. If there is redetermination of prices in invoice, you may have to do the same thing in invoice also.
Lemme know if you have any doubts.

Exchange rate difference coming in BRS

Dear FICO Experts,
we created 3 bank g/l accounts like main, reciept and pmt. but currency assigned in control data is USD bcoz all transaction vll be posted in USD. We also defined house bank master data in FBZP for the same.My company code curency is INR. Now we maintain exchange rate on 1st day of the month. For e.g. we defined exchange rate as on 01/11/11 say 46 per USD and my user posted one journal entry on 03/11/11 for 1000 USD @ 47 as per bank transaction. Now when m doing BRS on 03/11/11 for the same transaction, system is taking exchange rate defined in ob08 i.e. 46 and there for while doing BRS system is showing exchange rate difference G/L for Rs 1000 (46000-47000) which i dont want. bcoz act transaction amt is 47000.
Please advice for steps to be followed.
Thanks in advance.

Dear Ravi,
Thanks for ur prompt reply but I have already done OBA1 configuration and therefore, exchange rate difference G/L is coming. My requirement is that, we dont to post any amount in exchange rate difference while doing BRS.
Thanks & Regards,
Virendra.

Maintaining exchange rates

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