Currency Valuation

[Former Member]

Hi

Need to config Exchange rates, Accounts for Exchange rates etc.

Can some one pass on the 'SAP Best Practices" if they have the same.

Regards

Aravind

[Former Member]

Hi Arvind,

For exchange rate settings, you need have currency defined in general settings.

Two more things that are important is exchange rate type (M = Average, G = Buy, or B selling rate) defined for currency, again in genral settings.

Lastly you can define exchange rates in OB08.

After invoice posting has been done for any of the currencies for which exchange rates has been defined you can do valuation by running F.05 on key date.

Three valuation takes place, Local, Group and Profit Centre currency valuation.

Hope this gives you fair idea, try, its easy.

For further clarification do ask

Regards

Bharat

[former_member197269]

Hope this helps:

http://help.sap.com/printdocu/core/Print46c/en/data/pdf/CAMENG/PREIS-UND%20MENGENNOTIERUNG.pdf

http://www.sap-topjobs.com/SpecialPP/FIconfiguration.pdf

http://help.sap.com/bp_iasifrsv1470/Misc/IAS_Approach_EN_DE.pdf

http://help.sap.com/saphelp_46c/helpdata/en/12/1a39516e36d1118b3f0060b03ca329/content.htm

Pls assign points as way to say thanks