Why exchange rate type "EURX" is used ?

Dear all,
I post with FB65 a document with currency EUR.
The local currency is THB and group currency is CHF.
The document type doesn't have specific exchange rate type ==> by default the type "M" is taken.
But, when I post a document with currency EUR, the system doesn't take the type "M", but the type "EURX".
In this case, I don't want to use "EURX", but I want to use "M".
How can I do ?
Thanks for your help
Best regards

Please check the configuration in OBBS. You would have specified an alternate exch. rate type (EURX) for exch. rate type M for the currency pair in question.
Please refer to the following notes as well.
https://service.sap.com/sap/support/notes/139553
https://service.sap.com/sap/support/notes/123819
PS: OB22 would not tell you anything.

Similar Messages

Exchange Rate Type "EURX"

Hi,
I wonder if some more familiar with this issue and can help educate me on it. In the Enterprise Compensation Function module (and other standard deliver by SAP), HR_ECM_CONVERT_CURRENCY, it is hard code to use exchange rate type "M"
With that, in table TCURR, we maintain type M between all countries.
i.e.: USD to CHF
However, per SAP direction for EURO currency, it is best practice to use exchange rate type "EURX"
i.e.: USD to EUR
So my question is how can compensation module translate when they are hard code to use type "M" and "M" is not maintain between non-EURO and EURO?
Is there a linkage somewhere I do not see. Can someone shed some light into that?

Hi
Check OBBS transaction, have you maintained any alternative Exchange rate types?
regards
Srinivas

AP- Why exchange rate type between Post invoice and Post payment is differe

AP- Why exchange rate type between Post invoice and Post payment is different ?
Hello,
I have question
when post AP invoice , document type KR
document date = 11.12.2009
posting date = 31.12.2009
entry date = 05.01.2010
this document using exchange rate type B (standard translation at bank selling rate) on 31.12.2009 (use posting date )
but when post payment for above document,document type ZP
document date = 25.06.2010
posting date = 25.06.2010
entry date = 24.06.2010
this document using exchange rate type M (standard translation at average rate) on 23.06.2010
please answer
why do post invoice and post payment use different exchange rate type?
and why at payment donot use posting date for get exchange rate ?

Nanas,
Sorry if im not being clear...
My point is: the difference rates customization for payments is done at FBZP.
At Paying Company Codes, you have 4 flags for exchange rates differentes.
At Control Data look:
*Do not Post any Exchange Rate Differences:
If the indicator is not set, the difference between the exchange rate at the time of posting and the exchange rate at the time of payment is determined for items which are posted in foreign currency. The payment program uses the translation rate in the currency table in the system for this purpose.
*No Exchange Rate Differences for Partial Payments:
Has the effect that the payment program for partial payments (requests for payment using transaction F-59) does not post exchange rate differences.
*Processing of Bill of Exchange Payments:
*Separate Payment for each Payment Reference
Regards
Bruno

How can we know where the exchange rate type is used?

Hello experts,
I have a question regarding exchange rate type.
There is a custom exhange rate type ZXXX in our system, however, we don't know where this exchange rate type ZXXX is used. Is there any method that we can find where this exchange rate type is used?
Many thanks.
Christina.
Edited by: Christina wang on Nov 28, 2008 4:28 AM

Exchange Rate Type is created in SPRO:-SAP Net Weaver>General Settings>currency>Check Exchange Rate type.
It is used for maintainace of Exchange Rate in OB08 for direct & indirect quote..
Regards,
Alok

Exchange Rate Type 'M'

I have maintained average rate 'M' for currency translation and done direct quotation method. However, while doing a posting, system picks up some other exchange rate type (say, EURX) and exchange rates.
I am not able to understand why exchange rate type M is not being picked up ?
Please help me out.

Thx for the responses.
I found EURX type is available in the system. But I dont want to default it for my postings. I want the system to pick up type M. I have not defined any type at the document level.
Please help.

Utilizing different exchange rate type for same currency combination

Hello Gurus,
I wanted to get your opinion/experience in handling the following scenario.
We have company codes in different countries operating using different local currencies. There is alternate exchange rate type EURX defined for Exchange rate type M for many currency combinations due to business requirements. One country with local currency EUR is utilizing EURX SEK - EUR exchange rate combination.
Other country with local currency HUF is making use of exchange rate type MNB as an alternate exchange rate. In one of its transaction, where VAT is being calculated on its foreign transaction, HUF company is trying to seek rate of MNB SEK- EUR where country currency is SEK and document currency is EUR.
But since on the 'translation ratios for currency translation' table EURX being the alternate currency for that particular combination, even when we set MNB SEK EUR exchange rate, the system is obviously picks up EURX rate.
Has anyone come across similar scenario where different countries trying to get different exchange rate types for the same combination of currency? and If so, how would that be possibly handled through config or using something custom?
Thanks all for your replies in advance.
Regards,
Sagar K.

Hi Sagar,
In tcode OBBS, if Alt.exchange rate is used for any currency pair, then that rate is used ( EURX in this case).
All countries in EMU region uses EURX ( which is mostly fixed after introduction of EUR).
If the company is in different countries in Europe, then mostly EUR is used as Alt. exchange rate. which uses EUR as reference currency.
Ther is no country specific settings in std. sap for a currency pair.
Cheers,

Currency conversion with the wrong exchange rate type

Hi,
I need a currency conversion in my bex query. I have defined a currency translation key with a assignment to the exchange rate type "M".
When I check the results in the query it works with exchange rate type "EURX".
Exchange rates are in the TCURR.
Can anyone help me.
Thanks in advance
Jürgen

Hello,
We just had the same issue, and in checking the Currencies: Translation Ratios in transaction OBBS, I noticed that the currency translation key in question was set up with an entry of "EURX" in the "Alt. ERT" column.
I copied the line and created a new entry with a "Valid From" date of the current month, but without the "EURX" Alt. ERT alternate and that seemed to solve it.
Anything entered with a date after the new Valid From date would use the manually entered exchange rate, while anything with a prior date continued to use the EURX rate.
It appears to me that the "Alt. ERT" functions more as an override than an alternate, so if you want the system to actually use the "M" rate, I believe you have to ensure there is nothing in the "Alt. ERT" column.
I hope this helps.
Blaine

Exchange rate type for vendor invoice

Hi,
How to know which exchange rate type is being considered during postings vendor invoice in foreign currency.
Company code currency is EUR and I am posting an invoice in USD.
I checked OB08 and exchange rate with type M does not match with one calculated in FB60.
I checked document type KR (OBA7) -exchange rate type 'M' is mentioned.
I checked additional currencies for company code (OB22) - all currencies use exchange rate type 'M'
So how to check which exchange rate type is being used by system.
Thanks.

Hi
For posting vendor invoice which doc type are you using. If other than KR check that one also in oba7. And for OB08 you have to check for Ex rate M from EUR to USD what is the curr rate.
Regards
Mani.S
Edited by: smanimba1 on Nov 28, 2011 5:49 AM

Currency Conversion for Exchange rate type "AS02"

Hi Experts,
I am gonna post the most challenging problem (regarding currency conversion) I ever faced in my 1 year of BW Carrier.Kindly provide a solution.
There are three types of currency to be used in the query for Key Figure 0NET_VALUE (so total 3 Key Figures to be created)
   1.Document currency (may be any currency)
   2.Local Currency (must be EURO)
   3.Global Currency (must be USD)
From Document currency to Local Currency(EURO) we are using Exchange rate Type "M" (in Conversion Type created in Trans RRC1) [There is no problem in this conversion]
Problem starts now--->
From Local Currency(EURO) to Global Currency(USD) we have to use Exchange rate type "AS02" (in conversion type to be created in RRC1)
but there is a Business requirement that currency rate should be as per the last day of the entered period;and this logic should work for the range of periods also.
Example :
we are executing query for the period 006/2006 (posting Period)
Last day of this period is 06/30/2006,
Currency rate would be as per 06/30/2006
And this currency rate should be same throughout the period 006/2006 in query
The example was for single period,but logic must be incorporated for the range of the periods.

Hi..
There is no corresponding source key figure in the InfoSource for the target key figureof the InfoCube.
a. A source key figure of the same type can be assigned to the target key figure
(for example, sales revenue instead of sales quantity revenue).
If the currencies of both of the key figures are the same, no currency
translation can take place.
If the currencies are different, a translation can take place either using a
currency translation type or by simply assigning a currency.
The following table provides an overview of possible combinations with different
currencies in the source and target key figures:
if Source key figure currency is fixed , Target key figure currency is variable then Currency translation (CT) No CT
if Source key figure currency is fixed , Target key figure currency is fixed then Currency translation (CT)   CT
if Source key figure currency is variable , Target key figure currency is fixed then Currency translation (CT)   CT
if Source key figure currency is variable , Target key figure currency is variable then Currency translation (CT) CT or assignment
b. If there is no corresponding source key figure of the same type, then you have
to fill the key figure for the data target from a routine.
If the target key figure has a fixed currency, no currency translation is
carried out. This means that if translation is required, you have to execute
it in the routine.
If the target key figure has a variable currency, you also have to assign
a variable source currency to the routine. Using the F4 help you can
select a currency from the variable currencies in the communication
structure. You have two options:
You can select a variable currency and assign it.
You select a currency translation type and a currency into which you
wish to translate (To currency).
The To currency is, by default, the target currency if it is included in the
communication structure.
Creating a Routine for Currency Translation:
If you want to translate currencies in the update even though the currency translation is not
available for one of the above reasons, you can create a routine. Choose Routine, set the
Unit Calculation in the Routine and choose Create Routine. In the routine editor you get
the additional return parameter UNIT, the value of which is used to determine the target
1. save the query and it under role
   see to it is in   : Restricted and calculated key figures --->   properties of k.f
2. exeute the query
3. the currency translation --> by target currency usd choose OK
conversion type : MEANTODAY Fixed target currency current date (MT)
4. Go back to the query definition by chossing chage query ( global definiton)
5. in the context menu for % share sales vouume of incoming orders, choose properties --> formula collision --> result form this formula choose OK
Note that -
your should alos set the currency translation in the properties for the two key figures sales voule EUR , choose properties ---> currency conversion key : fixed target currency , currrent date ( MT) --> target currency : American Dollar . choose   OK
<b>The translation key is a combination of different parameters that establish how the exchange rate for the translation is executed.
The parameters that determine the exchange rate are the source and the target currency, the exchange rate type and the time reference for the translation.</b>
The source currency is determined from the data record or dynamically from the master data of the specified InfoObject (currency attribute)
The target currency can either be fixed in the translation key or selected at the time of translation.
You can also use an InfoObject (currency attribute) to determine the target currency.
The exchange rate type distinguishes exchange rates that are valid in the same time frame next to each other, for example, the bid rate, ask rate or middle rate. The exchange rate types are stored and can be maintained in a central table (TCURV).
The time reference for the currency translation can be either fixed or variable
The fixed time reference can either be a fixed key date that is stored in the translation type, or be determined using the system date when executing the currency translation.
If the time reference is variable, then the point in time for the exchange rate determination comes from the value of a time characteristic (InfoObject). The reference can, for example, be the end or the start of a fiscal year or a calendar year, a period and a month or even to the exact day. It can also be determined using a customer-specific InfoObject (for example, trading day).
Currency translation in the BEx
When selecting a translation key with a fixed target currency     this currency will be added automatically to the query definition
Also, you can use translation keys selecting their target currency at the time of translation. These can be applied in two different ways:
Selection of a specific target currency in the query definition (1)
Entry by variable (2)
Dynamic translation keys require input from the InfoCube !
InfoObject value will be read during query execution
Examples:
dynamic time reference (p.eg. 0CALDAY)
      time characteristic
target currency determined by InfoObject (currency attribute)
     characteristic which contains currency in its attribute table
the corresponding InfoObject has to be part of the InfoCube
1.Define the currency attribute in the InfoObject maintenance
The currency attribute has to be a unit InfoObject of type currency
The unit InfoObject must be an attribute of the characteristic
The currency attribute should be filled in the master data table of the corresponding InfoObject (manual maintenance or upload via InfoSource)
2.Enter the InfoObject in the translation key maintenance
Only InfoObjects with a currency attribute can be used in translation keys (p.eg. 0COMP_CODE)
At the time of currency translation the value for the source currency / target currency is then derived for every record from the master data table of the specified InfoObject
All values for a query are translated ad hoc (after having executed the query) using a translation key
Depending on the translation key a fixed target currency will be used for translation or you will be able to select the target currency
The ad hoc currency translation offers only restricted functionality (selection of translation key and target currency) compared to the currency translation in the query definition
Do not forget to create your translation keys before starting your work in the Business Explorer Analyzer
Example:
You load the following record to your InfoCube:
Company Code:                1000
Amount in Source Currency:      500,-
Source Currency:                FRF
Target Currency:               ?
In the Update rules, you are now using a translation key which derives the target currency from the InfoObject 0COMP_CODE. During the Update Process the target currency will then be read for Company Code 1000 from the master date table of 0COMP_CODE.
With the currency translation in the Business Explorer, the source currency can currently only be determined from the data record.
Only translation keys with a fixed exchange rate type can be used in the BEx
Translation keys with a dynamic time reference (from an InfoObject) can only be used in the query definition. It is not possible to fill the InfoObject by a variable !
Translation keys getting their target currency from a currency attribute can only be selected in the query definition
When getting the dynamic reference from an InfoObject (p.eg. 0CALDAY) the currency translation will apply to each record read from the database. That means it will use the date in this record for the currency translation.
When using a variable you will restrict the output of your query to a certain amount of data. For example, you would translate all invoices of March 11 with the translation date March 11
This means, the requirement show me all invoices in my cube in group currency, conversion date: 14.07.2001 could not be solved by a variable input for 0CALDAY
I hope this would help...
with regards,
hari

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.

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.

Enter rate USD / EUR rate type EURX

All,
We are getting the following error when attempting to do a journal entry via t-code F-65.
Enter rate USD / EUR rate type EURX for 08/24/2009 in the system settings
However we ave maintained the entry for 8/24/2009 in OB08 and we are still getting the error. What can I do to correct this error?
Thanks,
Sean

Hi,
Please ensure that in T code OBBS you have maintained the translation ratios for both the currencies vice-versa.
Like For exchange rate type EURX see that ratio From:EUR To:USD and From:USD To:EUR
both are maintained.Ensure the same for TCode OB08 as well.
Hope this helps.
Regards
Sonali T
Edited by: Sonali A Tambat on Aug 25, 2009 6:31 AM
Edited by: Sonali A Tambat on Aug 25, 2009 6:32 AM

MCTA - Exchange rate type.

Where do we maintain the list of allowable currencies that could be used in MCTA?
What exchange rate type will it use? can we control in the config? Please let me know.

Hello,
J@y did not give you any trxn code that was the field name (TCURR-KURST) he was mentioning.
I donot know the exact trxn code for this but you can go through trxn SPRO.
SPRO --> SAP IMG --> SAP Netweaver --> General Settings --> Currencies --> Enter X-Rates
Hope this helps.
BR,
Suhas

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.

New G/L using an other Exchange Rate Type for Local ledger

In new G/L ledger we want to use for a Local ledger a different Exchange Rate Type then the standard M. This is for local reporting to the goverment
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Hi Paul Annotee
In T.Code: OB22 you can maintain another parallel currency say HARD Currency (40), and make this as identical to your local reporting currency... for this new currency you can maintain a different Exchange Rate Type
Regards

Why exchange rate type "EURX" is used ?

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