Updating exchange rate

Hi Friends,
Im trying to find a way to update the currency exchange rate when there are some variations.We are initially defining a exchange rate in OB08 ,and planning the data accordingly,but when there is some variation in the exchange rate do we need to update it manually? or can we have any process to update itself.
For example: We create an exchange rate for the date 30-10-09 and plan the data ,and if there is any variation in the exchange rate and if we execute the report after 30-10-09,the report should display the values according to new exchange rate.
Please provide me your valuable answers and help me out in finding a way..
Thank you
Harika

Hi Santosh,
Im also having same problem in updating the exchange rates ,but in my case we are not using daily exchange rates but MTD.
when i tried using this programe it asked for From and To Exchange rates and Changes Since,I gave the values and executed and its showing a short dump..
can u help me with this.
Regards,
Ravikanth

Similar Messages

Mass update exchange rate type (not rate) in open sales orders

Hi all,
Our requirement is to update the exchange rate type at sales order header (VBAK-KURST) for all open sales orders with a new type created. (Z001). This field does not appear in MASS transaction for sales orders despite being present in the structure MASSSDHEAD.
This field cannot be located even in VA02 transaction (I am not sure if standard SAP masks or shows this field at header; I also can't find any transaction variants assigned).
Can anyone suggest how this field can be updated for sales orders either individually or in mass mode.
Regards,
KC
SAP SD

You are correct in indicating that Exchange rate type field is not seen in Header data of sales order. I checked screen layouts for various screens for sales order data and this field is not suppressed. The only reason could be that this field is not used in sales order screens
If you are interested, you could also check in the following way
1. Go to SE11, enter database table as VBAK
2. Once inside data dictionary table, click where used list button, select programs and screens and execute
3. click continue (don't select background)
4. now you would have list of programs and screens, this table is used
5. now start another session and go to transaction SE51
6. indicate program name as SAPMV45A and screen numbers as listed in step 4. you can check all screen numbers to see whether Exchange rate type field is listed in sales order layout.
7. Of particular interest would be screen number 4311 as this contains Financial accounting data & 4303 Billing data
8. you can check screen layout for screen 4311 & 4303. you would see Exchange rate type field is not indicated.
9. in case you could find this field in any screen, you could ask your ABAP consultant to add this field in the layout screen.
Hope this answers your question

Update exchange rates automatically

Hi,
We are a mid sized company moving into SAP. We have operations only in USA or Canada. We want to automatically update the exchange rates in the system. There are services out there like Ruetuers etc that provide this. Given the size of our company and given that we operate only in two currencies, I am wondering if there is a cost effective way of updating these automatically?.
Please share your thoughts.
Thanks in advance.

Hi, Chandra.
I use this forum a lot for configuration issues and perhaps I can give something back. Many years ago I worked on an upload feed for foreign currency (OB08) using a Reuteru2019s service and in the end, it was decided it wasnu2019t worth the cost.
Actually, there is a u201Cinexpensive solutionu201D which was quite easy to write and test. One can write an Excel macro that goes to the service http://www.oanda.com/currency/historical-rates, collects rate combinations (e.g., EUR to USD), generates a file on the PC, which can then be uploaded directly into SAP using transaction TBDM (program RFTBFF00.) The exercise requires the following inputs: exchange rate type (e.g., M or P), the from/to currency combinations, the currency date, and a path and file name as to where to place the generated file on the PC.
The Excel macro has three routines: a main driver that processes through the various from/to currency combinations, a routine that is a web query that actually goes to the internet address and obtains the currency exchange rate, and a routine that creates a fixed-length field required by the program. These fixed-length fields are appended to one another to create a record. The file specification is identified using the u201Cblue u2018iu2019u201D box when selecting documentation for the program RFTBFF00 and reviewing topic u201CStructure for transferring exchange rates (data class 01).u201D
Some companies may require an average rate based on an interval; the spreadsheet could be modified to collect this information and then do the necessary manipulation in preparation for an upload. If necessary, the macro and the SAP upload can be automated. The finance department must be comfortable with the rates provided by the internet site, but this is usually the case if applied on a consistent basis.
There may be some configuration work:
u2022 Flag u201CInvu201D box (transaction OB07) for the relevant currency exchange rate types so that both direct and indirect currency relationships are possible. This is to allow for greater precision (e.g., EUR to USD results in a reasonable precision, whereas USD to INR is probably better for greater precision than INR/USD.)
u2022 If the proper translation ratio is other than 1:1 such as JPY (100:1), then the macro would have to be slightly modified because it currently assumes all currencies are 1:1. Also, the proper currency combinations must be input into this table (e.g., EUR/USD, USD/INR, etc.)
The advantage is that the currency rates are under the companyu2019s control, not an outside service, whose only cost is the internet connection, and the exchange rates can be done without human intervention. The solution is also flexible enough to modify if the need arises.
--Steve

Updated exchange rate not captured in sales order

Hi,
We have updated exhange rate type from 'M' to 'S' . However even after refreshing the sales order new exchange rate type not captured in the sales order

Hi,
Can you please elaborate on what you mean by "picked up wrong exchange rate". Normally in the "Sales" tab in SO header you have a place where you can enter / see the exchange rate.
Regards
Sreekanth.

How can i get updated exchange rate from website for my currency convertor

i found a website but it provides this service in XML and i don't know how can i use this in my j2me application.
anybody knew this ....thanks

You do not have the original footage anywhere?
If not your going to have to use Streamclip or another product to convert to DV then export out for the web.
Getting it off DVD
http://danslagle.com/mac/iMovie/tips_tricks/6010.shtml
Ready for the web
http://danslagle.com/mac/iMovie/qt_plugins/3001.shtml

Exchange rate automatic update in Sale Order

Dear All,
This is regarding Exchange rate automatic update in Sale Order and requirement said below.
Process:
User will created a Export Sale order in the month of November , that time Exchange rate is 50.00, this will
get updated in Sale order Header and Item level.
But user will create billing in the month of December , at that time Exchange rate is 40.00. So in Billing
document Header level exchange rate will be 40.00 (Current rate) and Item level exchange rate will be
50.00.
Requirement:
User requirement is like this the current exchange rate 40.00 to be updated in Sale Order Header and Item
level automatically, because user using Sale order Exchange rate for Z-Report.
As of now user manually updating Exchange rate in Sale Order.
Let me know if there is any solution.
Regards
S Kumar

I dont think this is possible. You should be aware any change in subsequent document would not have any impact in the preceding document which means, whatever exchange rate flowing in billing cannot be updated in sale order. May you can update your zee table by considering the billing document exchange rate by way of exit.
thanks
G. Lakshmipathi

Wrong exchange rates entered and documents posted need to be updated

Hi Friends,
We have a situation where wrong exchange rates were entered at the end of month and lots of documents were posted with the wrong exchange rates. All these documents need to be updated with the correct exchange rate. But system will not allow changing the exchange rate in already posted documents. One option is to do mass reversal of all the documents posted, change exchange rates to correct rates and then repost all the documents with the correct exchange rate. Is there any other better option or SAP Program available to update exchange rates in all these documents instead of doing reversal and reposting?
Thanks and regards,
Pinky

Hello,
You can do foreign currency valuation (for Vendors/ Customer/ GL balances) through TCODE: F.05 or FAGL_FC_VAL. This will ensure that as at the period end, your open items are currectly valuated. This will post the exchange difference to P&L & B/s and will automatically give you the correct picture as at the period end.
If there are lot of entries posted then Foreign Currency Valuation will be a good option. This will save lot of time in reversing and reposting all the incorrect entries.
Regards,
Prasad

Exchange rate in PO not updated according to OB08 definied

I have a problem to retrieve the updated exchange rate, I defined the exchange rate in M exchange rate type from time to time, but when I create the PO, it always used the old exchange rate, is the exchange rate configuration only uses OB08 and OB07? did i miss anything else? please advise!
Elaine

Hi,
This is related to SD query. pls put in Sales & Distribution blog and get immediate reply.
Anil

Exchange Rates

SBO 2007B
PL 04
I want to update the exchange rates before uploading the open sales documents.
I was in a understanding that BoBridge in DTW is used for uploading the exchange rates using DTW.
When i upload, it gives error.
my template:
Currency     Date     Value
Currency     Date     Value
USD     20080331     39.99
USD     20080618     43.1
USD     20080627     43.1
how to update the exchanger rates using dtw?
if not, what should be done?

hi vijay,
Pl clarify you want to Upload / Update exchange rate ?
Try to upload/import it for a month.Ex. June 2008
Check this link which may be useful to you
https://forums.sdn.sap.com/watches!add.jspa?forumID=264&threadID=948068
Jeyakanthan

Po is not picking up current exchange rate

hi,
in our import po system is not picking up current updated exchange rate.do u have any idea where the problem may be.
from where does import po picks up exchange rate?
thanks

hi
plz check that u have given proper entry in OB08
also check that u have not tick for exchange rate fixed in PO header
hope u havent changed any standard configuration so check spro>log gen>tax goods mov>india>basic set> co code settings
here u have maintained exch rate type as M
regards
kunal

How to automate the exchange rates in BI

Hi Guys
can any one let me know the step by step approach of how to automate the exchange rates in BI...I know that if we right click in source system and say transfer exchange rates ..we will get those values ....But I want to automate this process in BI with a Process chain...I have created a start variant and connected it to a ABAP process type and calling the RSIMPCURR programm in sync..local....Do I need to call any Program event ? Iam not able automate this..please advice step by stepp
After ABAP process type do I need to create any other steps ?
regards

Hi,
All you have to do is to define the ABAP Process as new process variant, call mode syncronous, called from local, program name RSIMPCURR, and define a program variant for example number 12 and create it, there you select the update exchange rates., go to attributes, give a meaning and save all. You can automate the start of the porocess chain and select it as period job.
Regards
MK

Fixed Exchange rate in PO

Hi,
The requirement is to update Exchange rate as Fixed at PO.
But this should apply for only the selected Company code.
Hope this is not possible by std.
Any Exits in line with this requirement can be applied.
Rgds,
Shrenu

Hi,
Speak to your ABAP guy, he will put this functionaity.
You can check this BADI.
MEPOBADI_PROCESS_HEADER
Thanks
Abdul Raheem

Wrong Exchange rate for Import PO with past Condition Price date

Hi
We do update Exchange rate type "M" on daily basis, but exchange rate in Import PO is wrong. While creating import PO, the PBXX condition automatically obtain the "exchange rate" with Old "condition price date" despite the Table "TCURR" has maintained updated data. Why system behavior is like this?
As per our requirement, system should obtain the data based on PO date. Kindly help with your experiences.
Prashant

Hi Biswajit,
Use the user parameter EVO to indicate that no price adoption from last Purchase Order must take place:
IMG: MM -> Purchasing -> Environment data -> Default values for Buyers -> Setting for Default values.
Select or setup a default value and on the "price adoption" tab you may choose how copying of conditions from last purchase order must behave. Select "Do not copy". Then assign this default value to the user, using the EVO parameter.
Prashant

Help with MIRO Badi's and Translation Date (Exchange Rate Date Reference)

Dear experts
This is a problem I have read a lot about, but none of the answers work properly and I wanted to create a new thread in order to try to compile a final answer for this problem (at least in version 6.0)
As you know Standar SAP uses posting date as translation date in MIRO for foreign currency.
This is not always true (imagine Crude Imports with 3 dates: Invoice date, posting date and Bill of Lading date. The last one happens to be the fiscal date for exchange rate in my county and the other two are also mandatory).
I am proposing thus to use 3 dates: Document date as invoice date; posting date as posting date and Invoice Receipt Date
(REINDAT - RBKP) as Bill of Lading date. I would like to implement this third date as translation date.
Lot of ways to do it, but none works properly as for the end user it is complicated to enter data in a certain way so that BADI's work properly. I have implemented note 574583 and only works with some restrictions.
I have also used some more BADI's like MRM_HEADER_CHECK, FI_TRANS_DATE_DERIVE, INVOICE_UPDATE,... and all of them have some restrictions (depending always in data header taps data introduction or saving the exchange rate properly in MM TABLES but not in FI TABLES).
I would really appreciate if anyone could help with this, ensuring that the Badi get's always the data and makes it work with no screen selection dependance.
Thanks in advance.

Dear All,
I have found the solution with the help of ABAPer. The system has a bug for which SAP has given a Sap Note no 22781.
Actually what happened in the Invoice is, the system by default fetched the exchange rate for the Exchange Rate Type 'M' for the rate last maintained. Since we were using different Exchange rate it did not match. Also we came to know about the difference only because off-late the users had stopped updating Exchange Rate 'M' .
The funny part is in the Invoice if we click on each tab at the header and come back to the first tab where we find the Exchange rate for accounting, the system picks up the actually rate as per the Exchange Rate maintained.
Regards,
Karthik.

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.

Updating exchange rate

Similar Messages

Maybe you are looking for