Dual Exchange Rate Maintenance

[Former Member]

Dear All,

I have one issue on exchange rate . our client do import and export.

So custom department fix the exchange rate at the start of every month which is applicable for the full month.

But in case of receipt or payment in bank we have to consider the current exchange rate

So how we can maintain 2 rate in system.

Example

Import Rate from 01.04.2010-30.04.2010 is 1 USD = 40INR

Payment and receipt rate on 1.04.2010 is 1 USD = 46 INR

Payment and receipt rate on 2.04.2010 is 1 USD = 45 INR and so on.

Regards,

Shayam

[Former Member · Accepted solution]

Hi

You can create another exchange rate type and maintain the monthly fixed rate in that and assign it to all relevant doc. types.

However, for bank related postings, you can use exchange rate type M in which the current exchanges needs to be updated at regular intervals.

Regards

[Former Member · Accepted solution]

thanks a lot

resolved