How to maintain multiple exchange rates for M rate type based localisation country requirements

[Govind_Sharma]

Hi SAP Experts,

We have a multi-country rollout project and encounter the challenge to fulfill the exchange rate requirement for each country.

Business requirement:
We need to maintain the use of the different exchange rates for daily business transactions processing based on each country like
1. Denmark expects the exchange rate from Denmark National Bank (source for exchange rates)
2. Finland expects the exchange rate from European Central Bank (source for exchange rates)
3. Sweden expects the exchange rate from Swedish Riks Bank (source for exchange rates)
4. Norway expects the exchange rate from Norges Bank (source for exchange rates)

SAP S4 HANA Cloud offerings:
We understood that SAP S4 HANA Cloud support maintaining the M rate (used for daily operational transactions) from source via manual \ automated (API-based integration).
However, SAP S4 HC have an M rate that is commonly used for all company codes maintained in the same environment.

The open point which needs expert support:
1. Is it possible to maintain different M rates for each country based on local requirements?
2. If yes, how to maintain the setup of the different M rates into SAP S4 HANA Cloud (configuration, integration setup required)?
3. If yes, How to automate the exchange rate extraction from multiple source systems to update into a single environment?

Regards
Govind Sharma

[JulianoRomanato]

Hello govind.sharma2.

How are you? I have included the Tags "SAP S/4HANA Cloud" and "SAP S/4HANA Cloud Localization" for this question, as it mention Countries and Exchange Rate.

Regards.

Juliano Romanato.

[OwenLiu]

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[garyding · Accepted solution]

Hello govind.sharma2,

I don't think it's possible to maintain multiple sets of Exchange rate of currency in "Enter FX spot rate” APP.

As per your subsidiaries' business requirement, you can enter the specific Exchange Rate in document level.