Hungary Exchange rate

[former_member476932]

Dear Gurus,

We are on ECC 6.0 and implemented SRM 7.0 and implementing the P2P process for European countries

For Hungary statutory requirement, we have the daily exchange rate update and have a separate exchange rate type HU01for hungary.

We can have a separate document type in finance for the invoice posting and have the default exchange rate as HU01but

would like to understand where and how the settings can be made in system so while creating the shopping cart or PO and at the time of MIGO and MIRO , the exchange rate maintained in exchange rate type for hungary HU01 is picked and not the" M " rate.

<<Text removed by moderator>>

Regards

Rutvij

[Former Member · Accepted solution]

Dear,

Rutvij.

One more addition as far as I know SRM also having TCURR Exchange Rate table, and it should be upadated as FI TCURR.

For smooth flowing of exchange rate from FI to SRM you can use below programms as

BBP_GET_CURRENCY or BBP_GET_EXRATE

Get in touch wih your SRM guy check out these above two programms through SE38. I think exchange rate in SRM comes into picture at the time of shopping cart approval, as on date your TCURR should be updated.

If you want to update exchange rate daily in FI you can use BAPI. This is BAPI_EXCHANGERATE_UPDATE.

I hope this may help you. If you have any doubts feel free to share.

Regards,

Pankaj A Bhalerao.

[former_member476932 · Accepted solution]

Thanks Pankaj,

These additional details help in solving

Rgds

Rutvij

[Former Member]

This message was moderated.

[Former Member]

Dear,

Rutvij.

Addtion to above suggested answer , you make an exhcnage rate defualt from your document type also.

The same can be done from OBA7.

Go to OBA7 double click on required document type you can default value section there Ex.rate type for foreign crncy docs

Maintain there HU01 exchange rate type. Now system will translate the currency as on this Ex Rate Type, on most recent exchange rate maintained in TCURR Table.

Please understand The system uses the average rate as a default value as long as no other exchange rate type is entered here.

I have faced this once back and same worked fine in my case. I think this will help you to solve your issue.

If you need any help feel free to share.

Regards,

Pankaj A Bhalerao.

[Former Member]

Hi Rutvij,

In SPRO, Define Currencies of Leading Ledger( IMG Object - SIMG_GLT0T001A), you can define an exchange rate type for a company code. So in case for Hungarian company code if your requirement is that it should always take HU01, then maintain here..

But you need to check in different config places like Foreign Currency valuations etc.. where by default M exchange rate type is maintained in standard SAP system.

Regards,

SAPFICO

Edited by: SAPFICO on Oct 24, 2010 11:33 AM

[former_member476932]

Thanks for the reply,

I was also checking the same. If I make the setting and maintain the currency at leading ledger will it reflect at time of creation of PO/ Shopping cart creation in SRM?

And what would be the impact of this change.

Another point to share with you here is our client is currently live with Order management and accounting on SAP, and now going with P2P rollout.

In the existing setup they have separate Doc type created for the FI postings and make the currency settings at document level

Any inputs welcomed

Thanks & Regards

Rutvij