Opening Period and Foreign Currency

[former_member287204]

Hi Sirs,

Could you answer me questions as below ?

Q1) What is mean by opening period ? For example, if we execute MRP Run, we have options to select "Creste PR" or "Creation PR in opening period". Do you know what is the opening period ?

Q2) In the following two situations, could you advise whether current exchange rate can be used in invoice verification ?

1 - Exchange rate is specified in PO.

2 - Invoice is created without reference to PO.

Also, is it possible to use current exchange rate in goods receive ?

Tks,

KH Fong

[madlercm · Accepted solution]

Regarding Q1: Opening period definition is controlled via scheduling margin key (MRP1 view). It is defined by SAP as:

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Opening period

Number of workdays subtracted from the order start date to determine the creation date.

Use

The opening period can be used by the MRP controller as an extra time buffer.

The opening period is only used in backward scheduling.

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The idea is that if you usually work with planned orders for external procurement, it makes sense to try and shorten the adminstritative part of the lead time when the start date is within the opening period, and hence, to directly create purchase reqs.

[former_member287204 · Accepted solution]

Dear Sirs,

Thanks for your answer. Could you also help to answer me the 2nd Question ?

a) In the following two situations, could you advise whether current exchange rate can be used in invoice verification ?

1 - Exchange rate is specified in PO.

2 - Invoice is created without reference to PO.

b) Also, is it possible to use current exchange rate at goods receive ?

Many Thanks,

KH Fong

[Former Member · Accepted solution]

HI,

In PO ME22N, Header data->Deliver/Invoice tab you can try and change the Exchange rate beore GR.

Regards,

MBKM

[former_member287204 · Accepted solution]

Thanks for your answer.

Could you also advise whether current exchange rate can be used in invoice verification if -

1 - Exchange rate is specified in PO & "exchange rate fixed" is checked.

2 - Invoice is created without reference to PO, e.g. directly input in "G/L Account" tab or "Materia" tab.

Tks,

KH Fong

[Former Member · Accepted solution]

In Logistics Invoice Verification, when you enter an invoice in foreign

currency, the system automatically translates the foreign currency

amounts to local currency. The system calculates the exchange rate using

the following rule:

1. If the buyer entered a fixed exchange rate in the PO, the system

uses this rate to translate the amounts to local currency.

2. If an exchange rate was entered in Invoice Verification, the system

uses this rate to translate the amounts to local currency.

3. If an exchange rate was entered neither in the purchase order nor in

Invoice Verification, the system uses the exchange rate pre-defined

in Customizing for Financial Accounting valid for the posting date.

[former_member287204 · Accepted solution]

Thanks for your answers.