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Exchange rate issue

Hello SAP Gurus,

We are facing an issue in exchange rates in procurement(MM-FI) I configured for this requirement in MM (OMRW) Exchange rate differnce treated, Please find below issue.

1.Where the fixed exchange rate flag is not selected on the PO, then the system should post Gain or Loss exchange rate difference to the Gain or Loss exchange rate difference GL accounts.

2.Where the fixed exchange rate flag is selected on the PO, then the rate should be used to post the Goods Receipt and Invoice Verification as well as payments and there should be no exchange difference posted to Gain or Loss exchange rate difference account.

Example: In PO Exchange Rate is maintained as 5.0 % and in table exchange rate as 6.25 %. The GR value should be posted at 5.0% and the IR value should also be posted at 5.0% and not the rate from the table.

Insummary:

We want to know how to accept the PO fixed rate regardless of configuration setting for the GR date and the IR date? In normal

circumstances, the rate of the GR should be used, but when there are contractual agreements in place with suppliers at a specific rate, the fixed rate from the PO should apply through-out the processu2013 at the moment, the PO fixed rate is ignored, therefore is this possible?

Please provide valuable inputs for the above issue.

Regards,

Raj.

Edited by: raj20010 on Aug 12, 2010 12:55 PM

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3 Answers

  • author's profile photo Former Member
    Former Member
    Posted on Aug 12, 2010 at 07:46 AM

    Hi,

    If you need to fix the Exchange Rate and want the GR and the IR entries to be converted at the 'Fixed Exchange Rate' you may check the "Exchange Rate Fixed' box under Delivery/Invoice in the Header Section in the PO and once checked the system would not allow to change the currency and exchange rate druing the Invoice Verification.

    Hope this helps!

    Regards

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    • Yes, I am looking that only, let me explain the issue in detail,

      Example : In PO we maintaned 5%, in exchange rate table maintained as 6%. In PO exchange rate flag is selected or fixed. Now the system is consdering at GR the exchange rate from table ie: 6%, actually we need exchange rate from PO ie: 5% at the time of GR and at the time of IR its considering from PO ie 5% this is correct , now the problem is at the time of GR, system is considering from Table ie: 6% insted of from PO ie: 5%. thats why it is hiiting to Gain or loss exchange rate GL a/c at the time of IR.

      Since we need that if PO is fixed, the exchange rate should be constant at the time GR , IR and payment as well, we need exchange rate from PO ie : 5%.

      Please suggest me for the above issue or on enhancment.

      Regards,

  • Posted on Sep 21, 2010 at 09:05 AM

    Not solved

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  • author's profile photo Former Member
    Former Member
    Posted on Aug 29, 2012 at 11:19 AM

    Dear Raj,

    We also have the same scenario and requirement. Could you please share the solution for this.

    I am struggling to find it.

    Please help

    Regards

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