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Exchange rate not getting picked up correctly when converting from foreign currency to local currency in a document.

Hi All,

I maintained Co. code xxx currency as USD. maintained exchange rates for type M as show in the attached image.

I posted two vendor line items one on 4/18/2014 and other on 5/18/2014 in VEF. when I display those two document I see the amount both in document currency and local currency but the conversion from VEF to USD is happening at a rate @0.23256 which is valid till 02/13/2013 only.

I update the currency after 2013 twice but it is still picking the old conversion rate only.

could somebody tell me what could have gone wrong.

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4 Answers

  • Best Answer
    Posted on Jun 19, 2014 at 01:35 PM

    Hello,

    If above suggestions are not the reason, check if there is any alternate exchange rate type assigned between VEF/USD and USD/VEF in table TCURF. Also, check your posting date. System always picks up the latest available exchange rate as on given translation date.

    Thanks,

    V V

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    • Hi Vinod,

      I am not getting exact exchange rate (V) from substitution whenever using from BAPI_ACC_DOCUMENT_POST. But it is getting correctly in FB01 postings. Can you have any idea on this ? Because SAP is not supporting substitution exchange rate whenever it is posting from BAPI.

      Regards,

      Venkat PPM

  • author's profile photo Former Member
    Former Member
    Posted on Jun 19, 2014 at 01:14 PM

    Hi ,

    Please check your setting in OB22 and also refer below documents

    Exchange Rate Customizing - ERP Financials - SCN Wiki

    Many Thanks

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    • Hey Preeti,

      I found the solution. in t code OBBS where we actually maintain currency translation ratios; for exchange rate type M alternate exchange rate type is also maintained.

      hence the exchange is getting picked from not type M but from the alternate exchange rate type.

      thanks for your reply though.

  • Posted on Jun 19, 2014 at 01:21 PM

    Are the both transactions taking same exchange rate ? Even though it has posted in different month.

    Can you check is it picking from any other exchange rate type ?

    Can you check the default exchange rate for the document type in OBA7.


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  • author's profile photo Former Member
    Former Member
    Posted on Jun 19, 2014 at 01:24 PM

    Hi Sreeni,

    Referring to the " but the conversion from VEF to USD is happening at a rate @0.23256 which is valid till 02/13/2013 only" part in your post, the date given in OB08 for currency rate is valid from and not valid till. Hence, please check the setting once. Once you enter the rate from 02/13/2013, the rate is valid till you enter another date later than 02/13/2013.

    Regards,

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