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Exchange Rate Types Used In What Transactions

Hi Experts!

I was inquiring on if there is a way to see all exchange rate types ("M" and alternative exchange rate types), with respects to where they are used, posted, and most importantly, what all transactions use them. The exchange rate types we use are M (system), Z1 (custom), and 0011 (custom). Even if there is a SAP note, on this, that would be helpful too. Urgent! Thank you for your time!


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  • author's profile photo Former Member
    Former Member
    Posted on Jan 25, 2007 at 02:57 PM

    Hi Will,

    Execute transaction code <b>OB07</b> to see all the exchange rate types within your system.

    The following should help you to understand where they are used and which transactions used them.

    In <b>planning</b>, exchange rate types are used to specify exchange rates used for different purposes at the same time in the system. Existing entries may not be deleted.

    When exchange rate conversions take place between many different currencies, using a reference currency can simplify maintenance of exchange rates. For the exchange rate types concerned, you then only have to specify the exchange rates in relationship to the reference currency for all currencies. The SAP R/3 System then carries out all exchange rate conversions in two steps, using the reference currency.

    As well as a <b>buying rate</b> "<b>G</b>", you can also maintain a <b>selling rate</b> "<b>B</b>".

    The buying rate is that under which the average rate "<b>M</b>" is recorded.

    When maintaining a buying rate, enter the appropriate currency type for the average rate. This reduces the amount of work required in the conversion table.

    The selling rate is that under which the average selling rate is recorded.

    The user need only maintain the conversions for the average rate. The conversion occurs by determining the average rate and then adding the difference between the rates to this rate.

    If an entry for a currency conversion is missing, the indicator Invert ensures that the reversed currency relationship, should one exist, is available for the conversion.

    <u><b>Standard settings</b></u>

    The standard R/3 System includes exchange rate type <b>P</b> (standard translation for cost center accounting).


    When you create a controlling area, the SAP R/3 System creates version 000 automatically for 5 years. Rate type <b>P</b> is defaulted.

    The R/3 System uses rate type <b>M</b> for currency conversion during postings and clearings of documents.


    Before creating your own exchange rate types, check those offered by SAP and use them if appropriate.

    I hope the above helps.

    Do not forget to award the points please.



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