Foreign Currency G,B,M

[Former Member]

Dear all,

What is the Bank Buying rate G, Bank Selling Rate B and Average rate M, at the time of purcheses which rate is using and sales which rate it will takes. What is Average rate M?

Regards

KSP

[Former Member · Accepted solution]

Hi KSP,

1. if you are exchange foreign currency with bank(buying) and you use G.

2. if you are exchange foreign currency with bank (giving to bank) then B

3. M is the AVG of G and B.

In Document type you need to specify the Ex.rate typy for foreign currency docs. From there depends on your settins it will pick. For more details read help.sap.com

Regards,

KS

[former_member188028]

Hi,

Please check the below link

http://help.sap.com/saphelp_45b/helpdata/en/43/877415dc4ad111950d0060b03c6b76/content.htm

Rgds

Murali. N

[atif_farooq]

Hi:

The entries exist in TCURV and TCURS...G,B & M are daily basis exchange rates using which transaction involving foreign currencies are updated as can be seen in OB08 while updating transaction rates..M is the average rate of two..In international currency market ER are kept on Average basis using M...Please revert back in case of any confusion.

Regards