Skip to Content
avatar image
Former Member

LC2 Currency Translation Issue

Following are the details of the issue.

LC1 - Company Code Currency CAD

LC2 – Group Currency USD.

Source Currency: 2 Translation taking first local currency as a basis

Exchange Rate maintained are -

Direct: 1 CAD = 1.16 USD  / Indirect: 0.86 CAD = 1 USD

                                                     

Document posted with $ 1.00 USD on each line.

I was expecting to see $ 1.00  in LC2. But  it is calculated $ 1.35.

What could be wrong with the settings.. Any pointers are highly appreciated. Thanks.

Capture.JPG (26.5 kB)
Add comment
10|10000 characters needed characters exceeded

  • Get RSS Feed

1 Answer

  • Jan 06, 2015 at 03:31 AM

    Hi,

    TC:   1.00 USD

    LC1: 1.16 CAD = 1.00 usd / 0.86

    LC2: 1.35 USD = 1.16 cad * 1.16 (Source Currency: 2 Translation taking first local currency as a basis)

    I think the setting works correctly.

    If you would like to make LC2: 1.00 USD, you should

    - set sourse currency of LC2: 1 Translation taking transaction currency as a basis

    OR

    - no Indirect: 0.86 CAD = 1 USD rate setting and use Calculation allowed with inverted exchange rate indicator (TCURV-XINVR)

    OR

    - set Indirect: 0.86207 CAD = 1 USD

    Regards,

    Ayako

    Add comment
    10|10000 characters needed characters exceeded