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Exchange rate in F110

Former Member
0 Kudos

Hi,

How can we maintain exchange rate for different currencies to be used in F110.

For ex: SGD from USD

For example if the Current M rate for SGD to USD is 1.56 , but the user want to execute F110 and pay a pre determined rate of 1.60.

Kindly suggest where can we maintain this

What is the standard procedure for maintaining this type of requirement

Thanks

SRK

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Aniket_D
Active Participant
0 Kudos

Hi SRK

You can define exchange rate type at document type level as well. Check document type for clearing document and you can assign different exchange rate type for that document in transaction OBA7. Be careful when you do changes at document type level.

Regards

Aniket

rafaeltavares32
Explorer
0 Kudos

Have you read F1 in OBA7 --> The defaulted Exchange Rate Type in Document Type does not work for F110.

The exchange rate type entered here will not have any effect on automatic payment transactions.  Since the document type for automatic payments depends on the payment method, which in turn can be determined by the amount to be paid converted to local currency, you have to determine your local currency amounts prior to selecting the document type.  The selected exchange rate type, then, is not yet known at the time of currency conversion. In spite of this, it is still possible to preset an exchange rate type for each payment run, independent of document type.