Wrong Exchange rate in PO

[Former Member]

Hi All

While creating PO system automatically picking the exchange rate 44.17 (indirect quote) for Euro, which is maintained in OB08 under exchange rate type EURX. But in OB08 we have also maintained EUR exchange rate under exchange rate type "M" for current date i.e. 66.73.

We want system to pick up exchange rate maintained under exchange rate type M & not maintained under exchange rate type EURX.

While crating the PO system is picking up the EUR exchange rate maintained under EURX i.e. 44.17

Is there any where we have to maintain OB08 so that system will pick up exchange rate maintained under exch. rate type M i.e. 66.73?

Thanks

Sonal

[mohamedhasanrifaie_m]

Hi Sonal,

The solution given by me will be perfect adn try the same.

It was working fine for me.

M EUR INR

M INR EUR

Regards

Rifaie.M

[mohamedhasanrifaie_m]

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

According to the settings in IMG-SAP NetWeaver-Currencies----Check Exchange Rate Types the exchange rate type will be fetched.

Change EUR to Exchange type M

It will work

Reg

Raja

[former_member529134]

Hello,

I fear any of the above solutions will help.

As per my knowldge, the exchange rate types might be hardcoded in many cases.

So it is safe to maintain the correct exchange rate for the rate type EURX.

Am also not sure about this, so just try and do let us know, when you get the solution.

Regards

[Former Member]

Hi

In IMG under Logistics - General-Tax on Goods Movementsindia--Basic Settings-Maintain Company Code Settings check for the exchange maintained .

Reg

Raja

[Former Member]

Thanks for the prompt reply

In IMG under Logistics - General-Tax on Goods Movementsindia--Basic Settings-Maintain Company Code Settings exchange rate type M is only maintained.

[Former Member]

Hi

Check this as well.

According to the settings in IMG-SAP NetWeaver-Currencies----Check Exchange Rate Types the exchange rate type will be fetched.

Change EUR to Exchange type M

It will work

Reg

Raja

[former_member529134]

Hello sbm,

Try maintaining the correct exchange rate for EURX rate type.

The rate types might be hardcoded.

Do share if you find any other solution.

Regards

Gregory Mathews

[Former Member]

Hi

For legal reasons for the currency EURO, only exchange type EURX or EURO will be used. So before going ahead and changing the ref exchange type check the need to do so.

For curr USD exchange type M will be used.

So just check what is the need to change the exchange type for curr EUR. Also for exchange rate type EURX settings will be in sucjh a way that it complies with the EMU(Europe Monetary Union ) legal directives.

Check and revert

Raja