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Exchange rate type and foreign company code

Jun 08, 2017 at 12:39 PM

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Former Member

Dear gurus,

we are a multinational company located in italy with different company code around the globe.

We are using just one local currency for every company code (the currency of the country) and we know that for the first currency on SAP you must use exchange rate type M.

We know that in OBBS exchange rate type M is linked to EURX and this is fine for our european countries.

The problem is about non UE company codes: Russia, turkey and so on. This is because if for ECB :

EUR vs TRL is for exampe 0,15555

maybe for turkish central banks it is 0,15566

Since it's not possible to assign exchange rate type to company code, how it's possible to manage on SAP the exchange rate for a multinational company?

CONSIDER THAT non EU country mantain exchange rate based on country central bank,, then for a currency pair you may have different exchange rate. How did you customize your customers SAP?

Thanks

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1 Answer

Eli Klovski
Jun 08, 2017 at 12:43 PM
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Hi,

If I got your doubt correctly, you should adopt the rate source, you company is legally bound to. It won't matter then, if for some other sources the rate is different, as your accounting system would refer always to the same source.

Regards,

Eli

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Former Member

HI Eli,

thanks for your answer.

I think you've correctly understood my doubt.

In your opinion then if i have a group based in Italy and the other company codes around the world i can use the BCE exchange rate for every currency pair, right ? (i guess yes since exchange rates are at client level)

thanks

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Well, I'd say so... if you will try to use different rates depending on the company code, then you would need to create artificial currencies and maintain the rates for them. But, this doesn't make any sense.

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