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