Exchange rate for EURO

[Former Member]

Hi Experts

While creating PO system automatically picking the exchange rate 44.17 for Euro. But in OB08 exchange rate maintained for current date is 66.73.No where we have maintained the exhange rate as 44.17 for euro curency. From where it is picking that 44.17 for euro currency. Is there any where we have maintained other than OB08?

[mohamedhasanrifaie_m · Accepted solution]

Hi,

Pls. find below the details,

First you need to assign exchange rate for EUR vs INR in OB08 transaction.

Pls. refere exchange rate type as M

and maintain EUR to INR as well as INR to EUR in "M".

Pls. don't check "Exchange rate fixed" in the P.O..

Now, you can create the purcahse order and see.

Hope, it will solve your problem.

Pls. award points if found suitable.

Regards

Rifaie.M

[Former Member]

Hi everyone,

I just want to add some comments by my experience although the thread was marked complete.

For company code currency EUR (you are doing transaction that the company code default currency is EUR), system default M     EUR     INR     01.01.1999     1     EURX, or  M       INR    EUR       01.01.1999     1     EURX   and that's fine.

So we can go to EURX type, and add additional line with from EUR to INR, at this time, system will pop up a warning message that INR is not target currency, system will not adopt it. So you have to change the currency from INR to EUR. EUR is the target currency.

This will work for your purchase order INR currency.

Cheers!

Message was edited by: 1949 teeing

[Former Member]

Maria

Have you been able to resolve your issue? If yes, could you kindly share solution with me as i'm experiencing the same problem. We are on SAP ECC 6.0

Thanks.

Vimal, India

[Former Member]

Hi Maria & Vimal,

Pls check in OBBS , against your po cur code with Euro .. where in the last column Alt ERT will be assigned with EURX .. as like blw

M EUR INR 01.01.1999 1 EURX

and now check in OB08, for EURX aaginst ur co code currecny , theere u can see

EURX will be assinged the rate as 44.17 with INR.. so when u do GR , the system will take this Eurx rate only (44.17) ...

solution: if the system wants to pick the M ex rate mean, remove the EURX in OBBS against INR combination.. then in GR it will take as per the M ex rate which u have maintained in OB08..

pls revert if u need further clarification

Edited by: Jayakumar Raju A.S on Oct 28, 2009 12:49 PM

[Former Member]

Hi,

I think u have created the PO first and then u make the changes in OB08.

PLs. maintain the currency conversion first and then create the PO.

Regards,

Sachin

[Former Member]

Check the Valid from Date for ExRt " M" in OB08 trxn..

[Former Member]

The valid from date is current date that 19.12.2008. No where we have maitained 44.17.

[Former Member]

Log off and check..

[Former Member]

If i am changing manuallay i am getting this warning message. but every time we have to change.

Exchange rate 68.31000 differs from table exch. rate 44.17000 by 55 %

Message no. 06208

Diagnosis

The exchange rate 68.31000 differs from the rate 44.17000 defined in the currency table. This variance exceeds the maximum permissible limit defined for the company code.