Foreign exchange transaction

[Former Member]

Hello,

This is not a SAP technical question but a business process issue. We have to maintain exchange rates for September on 1st Sept. Unfortunately, 1st Sept is a public holiday in UK. The new exchange rates would be available only on 1st September and there would be automatic transactions (like orders being received, invoices being received electronically and posted in FI) happening on 1st of September.

Could anyone advise what are the best practices for maintaining this? The only solution that I think is someone needs to work on a bank holiday to key in the exchange rates.

Any advise would be very helpful.

Thanks

[Former Member · Accepted solution]

Hi

A. In Tcode OB08 try maintaining the exchange rate of 1st September. All you have to do is keep the valid from date as 1st september. (if the exchange rate of 1st september is available on 31st of august or the rate of 1st September is same as that of Augst 31).

B. In case the exchange rate will be know only on 1st september. Someone has to keyin the details in OB08 on 1st september.

[chandrasekharbadeti_chand]

Hi

1. We can manually input the Forex Rates in T Code: OB08 when ever there is a change in the rates.

2. We can update automatically using Z program into this Table day to day basis.

Thanks

Chandra