Exchange rate during MIRO

[former_member462798]

Hi SAP Guru and Expert,

Currently user is having an issue about the exchange rate issue and not sure is it working and need your advise on it.

If on 12.12.2013 the exchange rate from USD to AUD is 3.44

and on 13.12.2013 the exchange rate from USD to AUD is 3.56.

When the invoice posting date is posted on 12.12.2013 the day itself the system will pick up 3.44 exchange rate.

On the day 13.12.2013, the invoice posting date is set to 12.12.2013, will the system pick up the exchange rate of 3.44 or 3.56.

Kindly advise and consult.

Thank you

Regards

Leonard Tan

[Former Member]

It will pick 3.44

[Former Member]

What exchange rate are able to see in OB08 on or after 13.12.2013 , the same exchange rate will be taken into consideration for posting the accounts.

[former_member462798]

Hi AKPT and Patil,

If the invoice is created on 13.12.2013 and the posting date is on 12.12.2013. Which exchange rate will the system pick up if there is no exchange rate being maintained in PO.

Thank you

Regards

Leonard Tan

[Former Member]

High usually exchange rate type "M" is proposed while creating the PO based the currency maintained in vendor master from table TCURR or which ever you maintained in PO header data.

In your case the system should propose 3.56 as the latest exchange rate maintained in OB08 is 3.56

[Prasoon]

Hi,

   If the "Fixed Exchange Rate" indicator is maintained in PO, system will take the exchange rate maintained in PO- header - delivery tab.

   If the fixed exchange rate indicator is not maintained in PO, system will take the exchange rate maintained in OB08 transaction, for the POSTING DATE. (That is 3.44 in your example)

Regards,

AKPT

[Prasoon]

Hi,

   As of my knowledge, If you maintain the "Exchange Rate Fixed" indicator in PO-header - delivery tab, then the exchange rate maintained in PO / exchange rate on the date of PO creation will be followed in all subsequent documents. If you do not maintain the indicator in PO, system will always pick the exchange rate maintained in OB08 for the posting date.

   If the system is not behaving correctly, please check the note:  1909734 - MIRO/MIR7: Planned delivery cost with fix exchange rate

1700942 - Exchange rate cannot be changed as changing the posting date during logistics invoice veri...

Regards,

AKPT

[Former Member]

Hi Jian,

As Suggested my Mr. Dev. It depends on PO creation date.

If you want get exchange rate in invoice verification same like in purchase order, you have to mark fixed indicator in Delivery/Invoice tab in purchase order header data..

But you cannot change exchange rate in invoice verification after that. For more info click F1 help in fixed indicator field.

Regards,

Subbu.

[former_member462798]

Hi Subbu and Patra,

My question is on Invoice posting and nothing to do with the PO posting. and what will the rate the invoice will pick up if there is no exchange rate beig maintained in PO.

Thank you

Regards

Leonard Tan

[former_member183424]

Its also depend on posting date.

Whatever the system date is..

If you post the invoice 12.12.2013, then system picks the 3.44 and if the posting date is 13.12.2013, then the system picks 3.56.

If you not ticked on Exch. Rate Fixed. on PO header invoice tab, Then the exchange rate will calculated as per your date.

If its not, Then at the invoice time the exchange rate will calculate as per your posting date.

Why don't check the same at yourself in development client?

If you test the same scenario, then you can better understand.

[former_member183424]

Its depend on PO creation date.

If the PO is created on 12.12.2013, then the exchange rate will carry 3.44

And if the PO is created 13.12.2013, then the exchange rate will be 3.56.

Its only depend on PO document date, not whenever you entered.

Suppose you have entered the date 12.12.2013 as document date but your system current date is 13.12.2013, Then the exchange rate will be 3.44.