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,
Jordan

You 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.

Similar Messages

Problem with depreciation area (Incorrect currency exchange rate is used)

Good day to all SDN forumers!
I'm having a problem with one depreciation area that we set up. The reason why we configured this depreciation area is for us to enable to monitor all asset postings in another (group) currency aside from the local currency. We set it up in such a way that the depreciation would not post and would thus only "convert" the asset postings to group currency using the table rates in table TCURR (via OB08).
The problem is despite having defined an exchange rate for the current period, the system still picks up the exchange rate for 01/01/2001 which is incorrect. This affected all reports which displays incorrect values whenever I view the postings using the 2nd depreciation area we set up. Is there a way we can correct this?
I'd really appreciate your comments and suggestions guys. Thanks a lot and more power!

Update:
I created a new depreciation area by copying an existing area and updated some of the configuration. The problem is still there though, since the depreciation area still reflects the incorrect rate (similar to that of the previous depreciation area) whenever I access it using Asset Explorer. What's surprising is that even though I've already set the exchange rate (e.g. USD to EUR) to match that of the asset's capitalization / acquisition date, the posted values still do not reflect what I defined in table TCURR. Instead, it reflects the exchange rate used by the old depreciation area. Help anyone? We are already in a production client and transfer/retirement of all the assets is not an option the client would like to undertake.
Edited by: Patrick on Nov 6, 2008 4:45 AM

KEFC currency exchange rate issue - using end of period exchange rate

Hello,
We are experiencing currency deviations for manual upload file because exchange rate type M is using exchange rate at the beginning of the period.
We would like to use the exchange rates at the end of the period instead beginning of the period.
Does anyone know where I can find the program that KEFC uses for exchange rates during upload and how I can modify it so that it uses end of the period exchange rates.
Thanks,
Bhat

Hello Bhat,
In case actual data (plikz = 0) is updated in COPA line items. these
data will be updated in all currencies which are set in Customizing for
operating concern (tcode KEA0).
for example: operating concern ccy = USD and company code ccy = NZD
Now foreign ccy can be any ccy other than Operating concern currency
and company code currency.
Suppose you choose foreign currency = EUR and give your own KURSF
System has to convert EUR into USD as well as into NZD.
So it cannot use the same exchange rate (KURSF) for both conversions
Hence for actual data upload the system always takes the 'M' rate for
conversion.
please also refer to note 618114 for the issue.
Best regards,
Ronghua Fan

Currency exchange rate differences in rebate agreement settlements

Hi Experts,
My customer has issue in Rebate agreements and final settlements.
ISSUE:
Rebate agreement currency is EUR
Billing document currency is EUR
Company code currency is SEK
Initially ( Before final settlement)
The accrual amount in sales volumen 3151.05 EUR
the accrual amount in drill down 3152.05 EUR
After Final settlement
The accrual amount in sales volumen 2.62 EUR
the accrual amount in drill down 3152.05 EUR
The accounting documents shows after final settlement
customer A/c 3151.98 EUR credit
Expenses A/C 3151.98 EUR debit
Accrual A/c 3149.43 EUR debit
Expenses A/C 3149.43 EUR credit
The difference of 2.55 EUR is due to currency differences.
there is no retrospective rabte processing .
Kindly give your expertise resolve the issue of currency exchange rate difference in customer currency.
Immediate response is highly appriciated
Thanking you
With regards
Murali
Message was edited by:
Murali Krishna Lanka
Message was edited by:
Murali Krishna Lanka

HiI
f you set this selection field then the settings in the ERD Setting column for this currency type are no longer relevant. The system calculates and posts exchange rate differences between order-related goods receipts and invoices not just for materials with standard price, but also for:
Materials with moving average price
Account-assigned transactions
Planned delivery costs
The valuation of the inventories or consumption is effectively done at the exchange rate for the goods receipt, and not at the exchange rate of the invoice. When you post the good receipts, the fixed exchange rate from the purchase order is not used, but the translation of the purchase order values to local currency is always done at the posting date of the goods receipt.
If you are using the material ledger with actual costing, the system does not include the posted exchange rate differences at period-end closing in the actual prices of the materials.
Regards
Antony

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

Different currency exchange rate at time of sales order and invoicing

Hi Friends,
Actually,we are facing a crucial problem in Export where we would like to have the current currency exchange rate to be applicable both at excise and commercial invoice.
Regards,
Praveen

Hi Ankur,
Thanks for your reply.But our problem is sales order,exchange rates are defined with M type in OB08 as u have said.However when the periods are different for order entry and invoice generation we are facing the following problem.Orders are at old exchange rates and excise invoice is getting generated at current exchange rate.This is resulting in value difference between commercial invoice and excise invoice.
Please help.
Regards,
Praveen

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

Exchange Rate Types Used In What Transactions

Hi Experts!
I was inquiring on if there is a way to see all exchange rate types ("M" and alternative exchange rate types), with respects to where they are used, posted, and most importantly, what all transactions use them. The exchange rate types we use are M (system), Z1 (custom), and 0011 (custom). Even if there is a SAP note, on this, that would be helpful too. Urgent! Thank you for your time!
WC

Hi Will,
Execute transaction code OB07 to see all the exchange rate types within your system.
The following should help you to understand where they are used and which transactions used them.
In planning, exchange rate types are used to specify exchange rates used for different purposes at the same time in the system. Existing entries may not be deleted.
When exchange rate conversions take place between many different currencies, using a reference currency can simplify maintenance of exchange rates. For the exchange rate types concerned, you then only have to specify the exchange rates in relationship to the reference currency for all currencies. The SAP R/3 System then carries out all exchange rate conversions in two steps, using the reference currency.
As well as a buying rate "G", you can also maintain a selling rate "B".
The buying rate is that under which the average rate "M" is recorded.
When maintaining a buying rate, enter the appropriate currency type for the average rate. This reduces the amount of work required in the conversion table.
The selling rate is that under which the average selling rate is recorded.
The user need only maintain the conversions for the average rate. The conversion occurs by determining the average rate and then adding the difference between the rates to this rate.
If an entry for a currency conversion is missing, the indicator Invert ensures that the reversed currency relationship, should one exist, is available for the conversion.
Standard settings
The standard R/3 System includes exchange rate type P (standard translation for cost center accounting).
Note
When you create a controlling area, the SAP R/3 System creates version 000 automatically for 5 years. Rate type P is defaulted.
The R/3 System uses rate type M for currency conversion during postings and clearings of documents.
Recommendation
Before creating your own exchange rate types, check those offered by SAP and use them if appropriate.
I hope the above helps.
Do not forget to award the points please.
Regards,
Jacob

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,
SN

The 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

Group Currency Exchange rate type.

Hi
We wanted to post a foreign currency document, with a specific Exchange rate, that is specified in the Document type.
Doument Currency is getting converted into Local Currency (Company code currency) based on the exchange rate type specifed in the Document type used for posting.
But, the Group Currency is getting converted from Document currency based on the Exchange rate type : "M" but based on the Exchange rate type specified in the Document type.
Is there any way, apart from specifying Exchange rate type in Parallel Currencies.
We wanted the conversion of Both Local (Company code) & Group currencies be converted based on the Exchange rate type specified in the document type, for some specific postings.
Following is our Scenario :
Co.Code Cur - EUR
Doc.Cur          GBP
Grp Cur           USD
Document type : XY -- Exchange rate type "1111" specified in the document type.
Now when a document is posted with Document type "XY" in Document Cur : GBP.
Both Local & Grp currency to be converted based on the Exchange rate type " 1111".
Thanks
Kalyan

Hello Kaylan,
I will try to explain the system behavior, regarding to the exchange
rate question, "M" is standard exchange rate type used in R/3 so it's
not possible to change this default setting. However you can assign the
exchange rate type to each FI document type at transaction OBA7. The
exchange rate type assigned here applies to both online/batch postings.
Therefore you can assign a different exchange rate type to the document
types, but not per company code. The exchange rate that you customize at
document type level is validfor the first local currency. However, for
parallel currencies, the system will always use the exchange rate type
defined in transaction OB22. Please, check your customizing there to
check your changes.
If you want to use exchange rate type B, for example, instead of M, in
customizing you have to give Alt Ex.Type as B against M. So that it will
take B rate whenever M is applicable. If you want this B rate to be
applicable for specific document types then you can do the same at
document type definition itself. Otherwise you can do the same at
payment program level/ Revaluation. These are the only places where
exchange type comes into picture.
See also the following attached OSS notes notes for details:
     335608 Trnsln of 2nd and 3rd lcl crcy fm 1st lcl/trns crcy
     526623 Different treatment of local and parallel currency in ML
     547946 FAQ Interface: Currency translation, rounding, field status
     518114 FAQ: Goods movements in foreign currency
regards
Ray

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

Display currency exchange rates

OC41 seems to always default to a "change" mode.
Auditors are unhappy.
I need to see the data, but I do not want to change the data
Is there a separate transaction for display only?
If not - suggestions??
Thanks
Althea

There are three T Codes for currency exchange rates - OC41, OB08 and S_BCE_68000174. Give your users authorization (display only - your Basis/Security team should help you with this) to any of these T Codes.
Some more T Codes for the same transaction - OKUS, F-62
Edited by: Srikanth Tamma on Apr 30, 2008 12:13 PM

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,
Karthik

Hi,
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

ECM: Global Compensation - Currency Exchange Rate

Has anyone implemented ECM for multiple countries? If so, what currency exchange rate type did you use?
Standard SAP uses exchange rate type 'M'. I'm aware that this is hard coded but my client would like to use rate type 'P'.
I would like to know if anyone else has run into this issue and what other clients have done to resolve it.
Thanks
Tony

You might want to check the OSS Note# 901896 & see if that can be of any help..
~Suresh

"Program for Currency Exchange rate updatein SAP"

HI All,
PLease provide me with the Program name for Currency exchange rate update.
Thanks & Regards
Harish

HI
You can use Program RSIMPCURR to automate.
This program update the TCURR table everyday with correct exchange rate.
Thanks
Ranjith

OB08 currency exchange rates actually used in system

Similar Messages

Maybe you are looking for