Purchase Order in Foreign Exchange

Business Process Flow:
Material Requirement Generated from Project - Reservation will be created against the requirement Run MRP based on the WBS element by selecting the Creation Indicators to Create Planned Orders Convert the Planned Order into Purchase Requisition Purchase Requisition will be created in the Company Code Currency (Local Currency) Create Purchase Order with reference to the Purchase Requisition in the Foreign Currency (Euro), maintained Exchange rate at Header Level and the Exchange rate is not Fixed Goods Received and the Material Document will be created Invoice will be created with reference to the Purchase Order Material Document and Invoice Documents are updated in Purchase order History in the Item Details of the Purchase Order.
Now the Issue is: Material Document Created and Updated in the Purchase Order History in the Item Details of the Purchase Order. The Amount Values that System Maintained in Local Currency and Purchase Order Currency at Item Details in the Purchase Order History for the Material Document are not matching according to the Exchange Rates Maintained in Exchange Rate Table. In the Item Details Purchase Order History, the Purchase Order Currency (EURO) amount is required to maintain the same amount that is maintained While Creating the Purchase Order according to the quantity received, and the Amount in the Local Currency required to maintain based on the Material Document Date and Exchange Rate Maintained in the Exchange Rate Table.

Hi ,
See if your exchange rate is not fixed at PO header . This type of issue will keep on coming . Just keep the exchange check item fixed . Your problem will be resolved .
Thanks
Dipak

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Purchase Price Variance Foreign Exchange difference

How Purchase Price Variance Foreign Exchange difference is calculated for material consumed in product costing / material ledger

You need to go to net price at purchase order in local currency. With quantity you'll get the purchase order total price in local currency.
Get the standard price of material master record (which is in purchase order) on MM03 transaction on costing 2 view.
Purchase price variance is the difference between purchase price order and material standard price.
To get this difference in foreing currency, you´ll need to get document date of purchase order, get exchange rate at OB08 and find both prices in foreign currency; after that get same way the variance.
Hope that helps,

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

Different exchange rate in tables FMIOI and FMIFIIT for same purchase order

Hello,
I'm working in ECC 6 system with Former budget. My company code is in EUR currency.
I create a purchase order in 100 GBP and the exchange rate entered in the purchase order is 0,83 GBP for 1 EUR (100 GBP = 120,48 EUR).
When I create an invoice linked to the purchase order, the exchange rate is 0,85 GBP for 1 EUR (100 GBP = 117,65 EUR).
in the table FMIFIIT, the amount for the invoice is 117,65 EUR.
and in the table FMIOI, the amount for the reduction of the PO is 120,48 EUR.
Why is the reduction of the purchase order taking the exchange rate from the PO? and not from the exchange rate of the invoice?
Normally, the reduction of the PO should have the same amount as the invoice.
Could someone help me about this?
How can I do to correct the amount in EUR for the PO?
Thanks for your help.
Regards,
Chiachen

Hi,
Normally, the reduction of the PO should have the same amount as the invoice.
This is incorrect, please consult note 418914.
So, the situation you describe is normal behaviour, under assumption that your unit of measure is updated on value-based level.
Regards,
Eli

Specific Exchange rate type for Purchase order transactions

Hello,
Is there any transaction in customizing where we can default a specific exchange rate type to be used for specific transactions. To explain in more detail, I am setting up a new exchange rate type which will be maintained by Treasury. We want Purchase Orders (in a specific Purchasing Org) to be raised only with that rate type. There are other requirements as well like that Exhange rate field should be non editable in the Purchase order etc.
Any inputs would be of great help
Keyur

I donot think any such standard setting is there..
Depending on the currency that you enter....in PO foreign currency...excahnge rate is read from transaction OB08....
Or if you manually key in the excahnge rate in pO header.

Foreign trade for free of charge purchase orders

Hello
Scenario:
My company imports tobacco leaf into GB from a different company based in BE, and my company processes the leaf in GB and sends it back to BE. We never own the leaf, and we only charge the BE company a price for the service we provide.
A purchase order is created for a non valuated material master with 'non-valuated GR' account assignment J and no invoice receipt. Foreign trade data such as commodity code either defaults from material master or is manually entered by PO creator.
There is no pricing procedure and therefore no GRWR condition value and the statistical value field in the 'declara./values' tab is greyed out. This causes an entry on Intrastat with a zero value, which is incorrect, as we should declare the statistical value of the goods for customs purposes.
Aside from adding a value in VEFU and then creating the report using VE33, what ideas do you have for how I could get a statistical value on this PO?
Thanks

Hi,
Can just think of a wild work around...well instead of marking the items as free, put in a value and also put in an equal amount of discount. Which will negate the value of the item.
I dont knw if that will be acceptable by your client..but it is a work around never the less...
Take care..
Osayed.

Using an Exchange Rate Type other than 'M' in a Purchase Order

I use several exchange rate types in SAP for various currency positions, specificially with pricing.
As a result, when I create a Purchase Order I want to use a different Exchange Rate Type, instead of the standard 'M'. I have seen the rates can be placed directly in the Purchase Order, but I would like the system to look up the required rate using a specific exchange rate type.
Can anyone provide any suggestions or guidance based on prior experiences ?
thanks
gino ruggiero

Dear Gino Ruggiero,
The MM functionality always uses the "M" rate.
Not able to release Purchase doc.
Regards,
Naveen.

Wrong Exchange Rate in Imports Purchase Order.

Hi
While creating the Imports Purchase Order, the system is picking up the wrong Exchange Rate.
We have maintained the Exchange Rate as
Exch. Rate Type: M
From currency: EUR
To Currency: INR
01.03.2010 - 70.35000
01.02.2010 - 66.15000
But when we are creating the Purchase Order, the system is picking up 44.17
Why the system is behaving like this?
Note: there is a entry in the system as follows:
EURX INR EUR 01.01.2001 /44.17000
Is this related with this?
Please advice.
Regards,

Hi all,
You may check in OBBS first for " M EUR INR", you can see field "Alt. ERT".
For your case, the "Alt. ERT" should be assigned with EURX, thus system will read
OB08 for entry "EURX EUR INR".
You may also refer to note 128809 and note 135661 for some details.
Thanks and regards,
Polly

Custom Exchange Rate Type for Purchase Order

Hi
Our Financial Team doesn't want to change the Exchange Rates on a daily basis, but for place purchase orders with our overseas vendors we need the daily spot rate loaded in the system.
Is there way to configure a different exchange Rate type ? and use this Exchange Rate Type for Purchase Order to use instead of Default type "M"?
Thanks...

Found a soluntion ...
I have coded userexit EXIT_SAPLMEKO_001 component LMEKO001, to fill in Exchange Rate type in the Communication Structure "e_komk-kurst".
Update Exchange Rate Type "ZCUS" under SPRO and updated exchanges in TCURR table for this type. Then, everything else works like a charm.

Exchange rates Gand B in Purchase order

Hi,
while doing P.O the exhange rate will come from exhange rate type M, now my client wants when they do IMPORT Purchase order the exchange rate has to take fro exchange rate type G(bank buying rate) and while doning Export P.O the
exchange rate has to take fro exchange rate type B(bank selling rate)
is there settings for this or any user exits are
Regards,
Balu

Hi Balu,
You need to maintain exchange rate G & B against exchange rate M as buying & selling rates.
In SPRO tranasction use the following path.
SAP Netweaver> General settings > Currencies> check exchange rate types.
Hope no user-exit is required after this.
Thanks & Regards
Sanjay

Wrong Exg. rate type picking in Foreign Purchase order - URGENT HELP

Hi Friends,
We have an issue with Exchange rate type.
We want to post the exg. taye type SPOT for our doc. types WL, WA, WE in goods movement.
We have configured the SPOT rate in OBA7 for the above doc. types. In OB08, we have given the exchange rates for our foreign currency.
Still, the PO and MIGO, MIRO are picking up the default exchange rate "M" and posting the documents.
We have even written a substitution rule but unfortunately that is not working here.
Please help me
Thanks,
Konni

Hi Rohit,
Thanks for your response.
When i am creating a STO order from (Foreign currency) from ME21N, the exchange rate fields are not appearing in Header data - Deliver / Invoice.
Please suggest
Thanks

B2B - Purchase Order Tutorial - EDI EDIFACT over Generic Exchange

Hi All,
I am new to B2B and am trying out Tutorial 2 from
http://download-uk.oracle.com/docs/cd/B14099_19/integrate.1012/b19370/toc.htm
(Part II -Purchase Order Tutorials - Tutorial 2).
This is about setting up interchange of EDI EDIFACT over Generic Transaction
I was able to complete all tutorial tasks successfully and was able to deploy the configuration but am getting stuck at enqueing and dequeing the purchase order.
This was the setup we did
1. Installed infrastructure repository (b2b schema)
2. Installed Oracle Application Server version 10.1.2.0.2
3. Installed Oracle B2B by providing database details from (1)
I have two such Oracle B2B Servers setup on two Redhat Linux instances.
In section 5.4.10 of the tutorial (5.4.10 Both Servers, Task 5: Verifying the Purchase Order Transaction ), it says
On both the Acme and GlobalChips servers, run one of the following files:
In a Bourne or Korn shell—deq.sh
In Windows—deq.bat
This dequeues the purchase order on the GlobalChips server and the purchase order confirmation on the Acme server.
The dequeue script generates a trace file, t1.trc, which shows the message that the application receives from OracleAS Integration B2B.
I ran deq.sh on the Acme side and t1.trc has got generated, but there is no message in the t1.trc file. It is empty.
Also when I run enq_orders.sh , I do not see this getting dequeued at the GlobalChips side.
What am I missing here?

Hi Ramesh,
In the capabilities section under EDI EDIFACT over Generic Exchange, when I click on the business action I created (Process_ORDERS-Initiator), this is what I see,
[ Recipient's Reference/Password Qualifier ]
Repeating Separator
Controlling Agency
Test Indicator
Date of Group Preparation
[ Interchange Sender Internal Identification ] -----> ACME
Group Version Number
Interchange Agreement Identifier
Skip UNA
[ Interchange Recipient Internal Identification ]
[ Interchange Sender Internal Sub-Identification ]
[ Interchange Recipient Internal Sub-Identification ]
[ Interchange Sender Identification ]
Interchange Time #SystemTime(HHMM)#
Syntax Version Number 1
Time of Group Preparation #SystemTime(HHMM)#
[ Interchange Sender ID Qualifier ]
Group Release Number
Segment Delimiter
Release Character
Character Encoding
Syntax Identifier UNOA
[ Application Recipient ID Qualifier ]
Tag Delimiter 0x3d
Service Code List Directory Version Number
[ Application Sender ID Qualifier ]
Decimal Separator
[ Application Sender's Identification ] -----> ACME
Group Association Assigned Code
ImplementationClass
[ Recipient's Reference/Password ]
Create Functional Group
Replacement Character
Group ecs File
File which contains the parameter value content
Interchange Date
[ Application Recipient's Identification ] -----> ACME
[ Interchange Recipient Identification ] -----> ACME
[ Interchange Recipient ID Qualifier ]
Subelement Delimiter
Application Password
Element Delimiter
Interchange ecs File
File which contains the parameter value content
Processing Priority Code
Application Reference
Where should I look for the Document Routing ID?
Thanks,
Pushkala
Message was edited by:
PV

We live in USA and wish to purchase a Macbook Pro computer for our foreign exchange daughter, who has returned to Guatemala. is it better to buy it here and hand carry or wait and buy it there? we want to get her warranty and repair benefits

we live in Californina and will be travelling to Guatemala City next month to attend our Foreign Exchange Daughters graduation. We want to buy her a Macbook Pro as a gift and purchase the warranty/protection coverage for her. We are concerned she will not be entitled to any Apple Support/warranty by it being purchased in USA but using it and living in Guatemala.
It is better to wait and buy it from a retailer there in Guatemala?

Apple Care is global.

Document Currency vs Local Currency in Purchase Order document

Hi Guru
User have created PO with foreign currency in EUR (Local currency = USD) and release strategic is completed in this PO.
Then, buyer increased exchange rate and fix the exchange rate at PO header. The PO net value in EUR still remain the same, system still trigger release strategic reset and manager need to re-approve and set release strategic as completed.
Can you tell me how to check this setting in SPRO? Is it a natural behavoir in SAP system? User asked if this option could be disabled as increase exchange rate but then the whole PO total net value still remain the same in foreign currency. Why should release strategic reset?
Please advise

Closing this Thread as I found the answer
Within the Purchase Order, when the new TOTAL NET ORDER VALUE is higher than the old one, release strategy will be triggered once release charateristic is set for checking rule
System will check through The total net order value which is linked to CEKKO-GNETW for a purchase order.
In purchase order, the currency conversion will act as below:
Purchasing documents: Header currency converted to company code currency.
Company currency converted to characteristic currency
Hence, eventhough the exchange rate is increased but document currency is remained unchanged, the company code currency is increased and hence trigger release strategy.
for more information, please refer to http://wiki.sdn.sap.com/wiki/display/ERPSCM/RELEASE+PROCEDURE

Accounting of foreign exchange gain /loss on imported material at invoice

Dear Experts,
This is with reference to the accounting of foreign exchange gain /loss on imported material at the time of invoice posting.
Presently all the capital expenditure related procurements are done against the WBSE as account assignment. The material is
procured against the project consumption account with WBS as the account assignment. Since the GR is done on day 1
at a particular exchange rate and the material is directly accounted for against the project consumption account,
there is no stock available.
The invoice is received subsequently and the same is accounted for on say Day 4 at another exchange rate, resulting in exchange gain/loss on account of difference in exchange rate between GR and IR. The same is accounted against a cost element with the additional account assignment as WBS derived from the purchase order.
However, the business requirement is to account for the foreign exchange gain/loss against the Cost center, since the
same cannot be capitalized as per the accounting standard.
In spite of maintaining the default cost center derivation against the foreign exchange gain/loss cost element in OKB9,
the invoice document line item is taking the account assignment from purchase order and not from OKB9.
We have referred the SAP note 105024 and implemented the same.
However, as per the note the following is possible "Use a substitution (Transaction OKC9) to transfer a cost center or a
statistical order as auxiliary account assignment to the document or to replace CO account assignment."
But when we are trying to check the same, the system is updating the required CO object i.e. cost center as auxiliary
account assignment and not as a replace CO account assignment.
We are looking at the option of replacing the WBSE with the cost center in the line item for CO account assignment.
Please help in this regard.
Thanks and Regards,
Mohd. Abdul Moghani

hi,
in OBA1 settings please enter main bank account insteed of exchange gain or loss accounts. then that difference it will post to mail account only insteed of exchange gain or loss account.
with regards
Madana

Purchase Order in Foreign Exchange

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