Re: Exchange Rate Configuration

Hi Purna,

You need to do foreign currency configuration and foreign currency valuation configuration.

A) foreign currency configuration

Implementation Guide--> SAP Net Weaver --> General Setting--> Currency

  1) Check Currency Code

  2) Set Decimal Place for Currency ( Do not change it).

  3) Define Translation Ratios for Currency Translation.

    ExRT      From      TO      Valid form      Ratio f      ratio T

    M           INR         USD   01.04.2013      1                1

    M           INR         JPY    01.04.2013      1                100

    M           INR         SZL    01.04.2013      1                1

    M           USD        INR    01.04.2013      1                1

    M           JPY         INR    01.04.2013      100            1

    M           SZL         INR    01.04.2013      1                1

4) Enter Exchange Rates

    Exrt Valid form      Indir.Quot      from      Dir.Quot      To

    M      31.01.2014 ---------             USD       62.36      INR

    M      31.01.2014 ---------  100      JPY       60.95       INR

    M      31.01.2014 ---------             SLZ        69.32      INR

B) currency valuation configuration.

Account Determination (OB09)

Double click on  Exchange Rate Dif.: Open Items/GL Acct – KDF

Enter Chart of account

Click on New Entries

150000- Vendor Reco Account

330920- Foreign Exchange Gain/loss Account

150002- Balance sheet Adjustment Account

I hope this is helpful for you.

Thanks,

Aditya