How to Maintain Exchange rate in SAP

<p>Exchange rate in SAP can be maintained as Direct or Indirect Quotations</p> <p><u><strong>Direct quotation</strong></u></p> <p>Direct Quotation the cost of one unit of foreign currency is given in units of local currency </p> <p><strong><u>Indirect quotation</u></strong> </p> <p>Indirect Quotation the cost of one unit of local currency is given in units of foreign currency </p> <p><strong><u>Example</u></strong></p> <p>Local Currency is SAR –Saudi Riyal </p> <p>Direct Exchange Rate </p> <p>1 USD = 3.75 SAR </p> <p>Indirect Exchange Rate</p> <p>1 SAR = 0.26 USD</p> <p><strong><em>Menu Path :</em></strong></p> <p><strong><em>IMG > SPRO > SAP NETWEAVER > GENERAL SETTINGS > CURRENCIES >ENTER EXCHANGE RATES</em></strong></p> <p><strong><em>T –Code :</em></strong></p> <p><strong><em>OB08 or S_BCE_68000174</em></strong></p> <p>For Maintaining Direct Exchange rate ,Select new entries Button </p> <p><a href="http://lh5.ggpht.com/-xlCPtuobI9A/Ue4Zdh8sgHI/AAAAAAAABUY/yJn8TRJEW_M/s1600-h/7-23-2013%2525208-34-21%252520AM%25255B2%25255D.jpg"><img alt="7-23-2013 8-34-21 AM" border="0" height="244" src="http://lh5.ggpht.com/-JGL2FowqTWM/Ue4ZeWDJrwI/AAAAAAAABUg/94QGBaqxFhc/7-23-2013%2525208-34-21%252520AM_thumb.jpg?imgmax=800" style="border-top: 0px; border-right: 0px; background-image: none; border-bottom: 0px; padding-top: 0px; padding-left: 0px; border-left: 0px; display: inline; padding-right: 0px" title="7-23-2013 8-34-21 AM" width="227" /></a></p> <p>Enter the Following in the next screen</p> <ol> <li>Exchange Rate Type </li> <li>Valid from date (start date from which the rates are applicable )</li> <li>Foreign Currency </li> <li>Currency Rate </li> <li>Local Currency </li> </ol> <p><a href="http://lh3.ggpht.com/-r9d3e-VhrT4/Ue4ZfIFUceI/AAAAAAAABUo/rBQwhGVLCyw/s1600-h/7-23-2013%2525208-41-12%252520AM%25255B2%25255D.jpg"><img alt="7-23-2013 8-41-12 AM" border="0" height="73" src="http://lh6.ggpht.com/-aXx3wgIv5NU/Ue4Zfki5rdI/AAAAAAAABUw/439-4h-J5bc/7-23-2013%2525208-41-12%252520AM_thumb.jpg?imgmax=800" style="border-top: 0px; border-right: 0px; background-image: none; border-bottom: 0px; padding-top: 0px; padding-left: 0px; border-left: 0px; display: inline; padding-right: 0px" title="7-23-2013 8-41-12 AM" width="244" /></a></p> <p>Save your Entries </p>

How to Maintain Exchange rate in SAP

Exchange rate in SAP can be maintained as Direct or Indirect Quotations Direct quotation Direct Quotation the cost of one unit of foreig...

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