RMB/CNY exchange rate Chinese company code

Dear all,
When posting an invoice for a PO made in RMB(chinese renminbi) SAP errors that no exchange rate is maintained for this currency. This is correct because we only maintain CNY currency because it's the same and it's set as company code currency. Can I set a exchange rate CNY/RMB=1 and how to do this so no more errors occur, or do you guys have any suggestions?
Also when in OA08 and OE00 I see that currency is set to RMB for China, will this cause any problems in the future?
Thanks in advance,
Michaë

Thanks for the input,
I don't make PO's in RMB they were already created, and in ME22 I can't change currency.
I guess I could ask all users not to use RMB currency in their PO's. I don't think this is the ideal solution though because one day someone will create a PO in RMB again. But for now I don't want to delete RMB currency or implement any changes unless well advised because I'm inexperienced and my colleague is in maternity leave.
Further advise would be helpful,
Best regards,
Michaë

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Hi Experts,
as I know in SAP it's not possible to maintain exchange rate types per company code. In function module FI_CURRENCY_CHECK the exchange rate type "M" will be always set for all postings.
Now I need a possibility to maintain exchange rates company code dependent. Do you think it's a good idea to change the above mentioned function module so it's possible to set an own exchange rate per company code? Do anyone have experiences or other solutions?
I also know that it's possible to set per document type an own exchange rate type and also it's possible to set in V_TCURF an alternative exchange rate type for "M". But both are not an option for me.
Best regards
Christian

Hi,
You cannot have diff exch rate types for different company codes, since exch rate maintainance will be at client level only.
Practically yours is a peccular requirement.
We can't figure out how system will behave in case if you modify th eFM as you said.
REgards,
Srinu

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Dear guru,
I am configuring the treatment of exchange rate difference (SPRO> MM> LIV > Incoming invoice> configure how exchange rate differences are treated). However,the company codes that needed to be configured are not appear in the list. Please note that in the config screen, dont have the option of "New entry", we only set base on the list of existing company codes.
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Hi,
Check in table "T169P" & "T169V", whether your Co. code exists or not? If not then maintain following config settings.
SPRO > Materials Management > Logistics Invoice Verification > Incoming Invoice
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I am not an SD expert, but need some inputs on a requirement. We have the manual condition type 'MWST' for tax conditions and the 'MWST' rate is set for different countries.
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Well mate, Vemuri provide an alternative from FI point of view. From SD standing I'd suggest to work out the condition technique as this condition type (MWST) has an access sequence MWST (the same code) and it has 3 tables related:
78 - Departure Country / Destination Country
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What I can see is that you need to include the value Sales Organization in one of the tables.
NOW, IF YOU DONT WANNA MESS WITH THE CONFIG...
The customer has Tax indicators in its Sales Area Data, why don't you just set the value there to determine always 0% tax for the Sales Org you want?
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Currency Coversion and Exchange Rate Issue

Hi,
I have a scenario in query which is related to currency conversion and exchange rates.
Company Code     Matter Code      Invoice          Invoice date     Amount
                    Number          (DD/MM/YYYY)
1001          1111          INV101          01/01/2011     $100
1001          2222          INV202          05/01/2011     $150
1001          3333          INV303          10/01/2011     $200
1001          4444          INV404          15/01/2011     $250
Here , Amount field is in GBP currency by default.
User gives choice as USD on selection screen and the amount field is converted to USD in output.
Now, I wonder which day's exchange rate is applied for same ??
And what steps should I do if I want to apply a particular day's exchange rate ??
i.e.
Consider that there are different exchange rates maintained on daily basis.
For each invoice number (INV101 , INV202.....) There is an invoice date (01/01/2011, 05/01/2011...).
The corasponding output amount should take that particular date's exchange rate for conversion of currency.
How to achive same ??
I have gone through t-code RSCUR for same. Nothing helpful found.
I have even gone through some documents for currency conversion., but unable to find out such scenario.
Please help me for same.
Edited by: Sachdev_Nirav on Aug 5, 2011 11:53 AM

Sachdev-
Currency translations are a very complex issue for BW developers. What you need to do is manage a currency translation that is based on the exact 0CALDAY of the transaction. Here are some helpful hints
http://www.sdn.sap.com/irj/scn/go/portal/prtroot/docs/library/uuid/dc43c445-0d01-0010-23a1-ca348ff5f975?quicklink=index&overridelayout=true
The standard SAP business content includes some standard translations as shown in the article, like these:
0MEANTODAY Average rate using actual date (0SY-DATUM)
u2022 0MEANDAILY Average rate using 0CALDAY of the data record
u2022 0TRA_DATE Average rate using 0TRANS_DATE of the data record
u2022 0PSTNG_DAT Average rate using 0PSTNG_DATE of the data record
u2022 0DOC_DATE Average rate using 0DOC_DATE of the data record
However, you MUST have a translation available in the main SAP Currency translation table (Transaction oB08 ) for the period in question, and you MUST report in the appropriate date. If, for example, you wish to report in an aggregate by 0CALMONTH, for example, the currency translation will need to be associated with 0CALMONTH, and the exchange rate will not calculate on a day by day basis, but on the standard that you set for the month. So, to your users, the data will be 'wrong'.
A more robust method involves adding a value field to your data soiurce that uses the currency exchange rate in effect as of the day of the transaction. We do this in our data models, to with:
Mexico Data source:
Each value field will be available in the document currency(whatever), the company code currency(MXP), and in the corporate currency (USD).
Good luck ! Most users don't understand the whole issue, and we spend a bit of time explaining it to them.

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Dear Friends,
I need to change the exchange rate in transaction code VF02 before creating accounting entries, which field is presently grey field. Please provide the solution to change the exchange rate in VF02 transaction code.
Thanks and Rgds,
Hemant Kumar

Dear Customer,
In standard system, if there is a manual entry in the sales
order field VBKD-KURRF (Goto -> Header -> Accounting), then it is copied
into VBRK-KURRF. Otherwise VBRK-KURRF is determined automatically
during invoice creation. See the note 36070.
please have a look at the following notes:
22781 Exchange rate in accounting, exchange rate type
666628     RAPERB00/RAPERB2000: Incorrect translation date
453834 Incorrect exchange rate type after 'Change billing document'
In note '22781'. There is a description how you could change
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transportroutine.
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regards
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Hello,
we want to use automatic intercompany posting in our chinese company codes.
Problem: Sending company code post invoice in RMB --> IDOC changes RMB to CNY --> posting in receiving CoCd is CNY
I know that the change is coming from the settings in TCURC-ISOCD (SAP standard setting for ISOCD in currency RMB is CNY).
Question is now what are the consequences if I change the settings so RMB will not be converted anymore. Is there any impact in international EDI processes.
I would appreciate any comments !
Many thanks in advance.
Best regards
dirk schneider

i think, you can change it without facing any problems. i tried in a sandbox, no error-messages, no pop-ups stating that i am about to destroy consistency. nothing. i think the only dangerous place to interfere with currency is the standard currency of the client in transaction SCC4.

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Hello,
we want to use automatic intercompany posting in our chinese company codes.
Problem: Sending company code post invoice in RMB --> IDOC changes RMB to CNY --> posting in receiving CoCd is CNY
I know that the change is coming from the settings in TCURC-ISOCD (SAP standard setting for ISOCD in currency RMB is CNY).
Question is now what are the consequences if I change the settings so RMB will not be converted anymore. Is there any impact in international EDI processes.
I would appreciate any comments !
Many thanks in advance.
Best regards
dirk schneider

i think, you can change it without facing any problems. i tried in a sandbox, no error-messages, no pop-ups stating that i am about to destroy consistency. nothing. i think the only dangerous place to interfere with currency is the standard currency of the client in transaction SCC4.

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Dear Experts,
As per requirment we need our MIGO account entries (Import) should be store with Exchange Rate which we maintained in OB08 with our Bill of entry date not posting date .
Means if our Bill of entry date is 29.12.2011 and exchange rate 50
and my migo posting date is 17.02.2012 and exchange rate is 53
but we need our system should be hit with exchange rate 50 instead of 53
we maintain the exchage rate with monthly basis.
thanks in advance
Neeru

Hi,
1st check what is your company code currency! and then setting in OBBS
Just cross check the exchange rate in t.code: S_ALR_87006104 or OB08 for exchange rate type.
If exchange rate not taking from in OB08 t.code, then check related document type( which exchange type maintained in WE document type in t.code: OBA7) for that transaction where exchange rate type assigned in u201CEx.rate type for forgn crncy docsu201D in default values segment, so system clculated exchange rate.
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Regards,
Biju K

Company code currency vs local currency

Hi all,
Can anybody give me some suggestions on how to handle the requirement below?
Business case:
The legal company code is based in US and the company code currency is USD. There is a branch office(cost center) in China and the employees' salary has to be paid in Chinese RMB.(The pay check has to be in RMB) What is the solution for this? Do we have to create dummy company code with company code currency of RMB? We are trying reduce the usage of dummy company codes, any alternatives?
Thank you in advance.
Nancy

Hello Nancy,
not sure if this is what you are looking for but it may help:
You can set up "Group currency" concept to archive the requirement.
For the China branch, set up company code with local currency RMB, group
currency RMB. For US branch, set up company code with local currency
USD, group currency RMB.
Group currency has to be preset per client at trx.SCC4. Trx.OB22 is
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With this approach, it is possible to do;
reporting in RMB for UK company code
reporting in USD for US company code
reporting in RMB (group currency) for both company codes
Please also refer to following link in Online help.
http://help.sap.com/erp2005_ehp_02/helpdata/en/
e5/0782c54acd11d182b90000e829fbfe/frameset.htm
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Hi all
While releasing the billing document to accounts at [VF02], I am getting the following error
Enter rate INR /   INR rate type M for 06.04.2007 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.
You can then continue to process the commercial transaction.
I tried all the above procedures with FI MM & ABAP consultants and in vain
Please help
Regards

HI
To maintain currency exchange rates, use t.code OC41
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>here maintain
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    date
   from            -
   euro
   drpqot         -
    75
   to              -
     INR
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                       Prasad.G

Exchange Rate type Posting wrongly in GR

HI all,
when i create Purchasing Order I gave Exchange Rate 58.10(Euro to Inr)
But comes GR System is taking Average Type (M) = 58.77
we want in GR same as a PO Rate.
Can you tell me anyone how to configure and where to change in Configuration.
Plse help me on this.
Thanks in advance.

Hi,
At the time of GRN system picks exchange rate from Exchange rate table ; t-code OB08.
Maintain the required exchange rate in the said table & take GRN.
If user wants the exchange rate same as PO to do the same 2 options are available
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Rgds,
Saurabh

Same plant serving two company codes

hi gurus
can any one share there experiance in configuring that single plant serving two company codes, requirement is need simple sto process for exchange of finished and raw materials between two company codes
baalakrushnan.da
sd

HI,
No, It is not possible. Even though u are doing STO process u need to mainatin two different plants. More you can not assign the same plant to two company codes.but u can assign more than one plant to one company code it is like N:1 relation ship..
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sankar

Manually change Exchange Rate in VF01.

Dear Experts,
The requirement is client wants to change the Exchange Rate in Billing(VF01) manually. So is there any Userexit available that can fullfill the equirement.Searched the forum and found one userexit SDVFX008.Is it the right userexit to use?
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Jyoti

Hi,
I had the same requirement and I also tried to go for User Exit but then I used other option. It may be useful to u.
In VF01 system fetches the Exchange Rate from Order. This is also controlled by T-Code VTFL (Copying Control). The field is PricingExchRate type
Here in this field I kept "C" Exchange rate determination according to billing date.
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Exchange Rate Type per Company Code

HI Experts,
In our system the conversion rates for EURX are maintained since there are several European companies working with the system.
Now we would like to use the same SAP-system for companies in China & Taiwan. In both countries there is an individual "official" exchange rate which does not equal the exchange rates stated from the German banks and thus fed into the system.
Is there any possibility to connect a company (code) with one particular exchange rate type? Since we are dealing with countries outside of the EU.
Thanks in Advance
Siva

Hi,
as you may have recognized, the assignment cannot be made on company code (or country) level, but only on currency level. In particular, this is table TCURF.
When (almost) all possible currency combinations (from-to) are redirected to rate type EURX, then this looks like standard SAP delivery settings that you can freely change according to your needs.
If you are not familiar with TCURF maintenance, however, you should be very careful here and test every change before importing it to the productive environment.
The basic idea that I have always followed for the same or similar requirements is that local rules for a particular rate type are always control the rates to be applied when converting from any foreign currency to the currency of the particular country.
If you are a China company and your local company code currency (curr.type 10) is CNY, then you have to make the following changes to table TCURF:
First, find out all the foreign (non-CNY) currencies that you are dealing with. This may include EUR, USD, and any other currency of the world.
Then, determine (or create) a new exchange rate type in table TCURV. This should be the rate type for your "own" rates. Let's name it rate type "L" (for Local rates). Note: you can use the standard M rate type as well, but it is more transparent if you define a separate one.
Then have a look into table TCURF and find the entries as follows:
Rate type: M
From-currency: all that you are using in your business (all non-CNY that you use)
To-Currency: CNY
Valid-from: find the recent entry for each combination
With all of these entries displayed, you will find that the alternate exchange rate type field (ABWCT) in these entries is set to EURX.
Now you want to create a new TCURF entry as follows:
Rate type: M
From: the same foreign currencies as above
To: CNY
Valid-from: a newer date than the last current entry
Alternate exchange rate type: L (your new rate type) - in case you want to use just M, then leave ABWCT empty.
If you are using the L type (which I recommend), then you have to add 2 new entries to TCURF for each foreign currency:
1.
Rate type: L
From: foreign curr
To: CNY
Valid-from: 1.1.1800 (yes!)
Ratio from and to: as you want, it should be the same as in the corresponding M entry, usually 1:1, but it depends
Alternate exchange rate type: leave it blank.
2.
Rate type: L
From: CNY
To: foreign curr.
Valid-from: 1.1.1800 (yes!)
Ratio from and to: as you want, it should be the same as in the corresponding M entry, usually 1:1, but it depends
Alternate exchange rate type: leave it blank.
Finally, in OB08, you have to maintain rates like
type L, foreign curr to CNY
You are done
What is happening is the following (example you post a document in USD in your China company code)
Doc.currency USD --> must be converted to your local currency CNY
First, the system looks the current ratios for the M entry:
M, USD to CNY, valid from: recent, 1:1 and ABWCT = L !!!! (the entry you have added before)
Then it checks the ratios for L:
L, USD to CNY, valid from 1.1.1800, 1:1, ABWCT = blank
Based on TCURF, the system will look for the current rate entered under rate type L, your local rate )
Now what if a USD-based company has to post something in CNY? No changes there as the TCURF settings were not touched. They should look like this:
M CNY to USD, alt.exch.rate type EURX (or blank)
If it is EURX, then the rates enterd under EURX rate type (once USd to EUR and then CNY toi EUR) are read and the cross-rate CNY to USD is calculated.
If it is blank, then the rate entered under rate type M is used.
In both cases, no change to your current process.
It works similar if the company code is EUR based.
The main idea is: redirect all M entries in TCURF where <anycurr> to CNY to the new rate type L, but leave all other TCURF entries untouched. Direction <any> to CNY are only relevant for the China company code, the rest of the world does not care about that conversion. They might be interested in conversions like CNY to <any>, like in the above example, CNY to USD, or CNY to EUR, but that could be their German or ECB rate, you do not have to care about.
<removed_by_moderator>
Csaba

RMB/CNY exchange rate Chinese company code

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