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Former Member
Dec 01, 2008 at 09:03 AM

Customizing FI: exchange rates

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Hello,

I am learning to customize SAP FI, particularly the conversion of exchange rates. In this context I have some questions about the using of quotations.

For what purpose will a quotation be defined? Is that only for the SAP system to decide which algorithm will be used for the conversion of the amount?

And for what is there a possibility to define a standard quotation for exchange rates, if I I have to decide for a quotation type, when I am entering a exchange rate, too? Which impact has then the standard quotation?

Thanks for your help.

Regards,

Tobias