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HOW CAN I MAKE A CROSS CURRENCY TRANSACTION IN SAP

Jun 23, 2017 at 04:52 PM

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Former Member

Dear Sir,

Please advise how Cross Currency Payments can be booked. I have detailed one example as show below.

  • 1)We have to Pay one of our Vendor GBP 600.00 for a subscription charges. Since we have no balance in our EEFC GBP Account we have decided to transfer the funds from our EEFC USD Account. Hence the transaction has flown in the below scenario.
  • a)Tranasaction 1 – Purchased USD 770.00 which is equivalent to GBP 600.00
  • When I run F-53 we have to select the USD Bank account at Vendor level we have to update Advance as GBP amount.
  • This is one type of transaction, but these types of transactions can be multiple like we may pay from INR TO USD, USD TO GBP, GBP TO USD, INR TO GBP, USD TO CHF, USD TO YEN.
  • Please advise how we can run the transaction in SAP procedures. Prefer to have with User Manuals.

Many thanks

Telson

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