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May 25, 2009 at 12:43 PM

Exchange rate expression Direct and Indirect qutation

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Hello,

Please can you explain whether there are any issues or risks in

switching the Exchange Rate Types used in SAP to allow inverted rates

to be used - or any reasons why it was designed not to have inverted

rates switched on. I think to reduce the maintenance of the foreign

exchange rate table, it doesn't make sense, for example, to enter both

a GBP/USD rate and a USD/GBP rate

The other issue is that my client publish internally the month-end

rates as direct quotations - i.e. 1 Israeli New Shekel (ILS) = 0.1584

British Pounds but somehow, the rate used in the revaluation program is

different. This could be because a rounded reciprocal of this rate is

entered, or the rate is entered with a different number of decimal

places. If only direct rates are entered, and these are the ones our client

publish, there is hopefully a better chance that the revalued figures

are in line with what client expect them to be.

Thanks in advance for your help.

regards,

Satya